Auberge Resorts Collection today announced that the company will manage Solage, a contemporary resort located in the heart of California wine country, following the property’s recent acquisition by a joint venture formed between Flynn Properties and Auberge Resorts Collection.
Source: New feed
Author: hotelprojectdata
G6 Signs Three Properies In Mexico
G6 Hospitality yesterday announced the signing of three new franchise agreements with Latina Promohoteles, S.A. de C.V., to build three new Hotel 6 properties in the cities of Querétaro, León and Irapuato.
Source: New feed
Chanticleer Holdings to Open 7th American Burger Co. Location in Charlotte, NC
Chanticleer Holdings, Inc. (NASDAQ: HOTR) today announced that its burger concept, American Burger Co., has signed a lease and expects to open a new location at Prosperity Village Square in Charlotte, North Carolina this coming spring.
Source: New feed
Shinola to Open Branded Hotel in Detroit – WWD
Shinola’s play toward an articulated neo-urbanized lifestyle is about to take residence. Today, the firm revealed it will open a hotel in downtown Detroit.
Source: New feed
Morgans Receives Takeover Bid
Morgans Hotel Group Co. (MHGC) yesterday announced that it has received a letter dated September 13, 2016 from the group identified in Morgans’ proxy materials as ‘Bidder V.’ This letter reconfirms the interest of Bidder V in pursuing an acquisition of the common stock of Morgans for $2.75 per share.
Source: New feed
Four Corners Property Trust Announces Acquisition of Four Kentucky Fried Chicken Restaurants for $3.9 Million
The restaurants are 100% occupied under new triple-net leases with terms of 20 years, and the transaction closed at a going-in cash cap rate consistent with previously announced transactions. KBP Foods, a 360 unit franchisee, has committed to renovate the properties in the next few years.
Source: New feed
Captain D's Signs Franchise Development Agreements to Open Nine New Restaurants
Signs franchise development agreements with industry veterans to expand presence in Georgia, Texas and Virginia
Source: New feed
HVS Report – Project Management Considerations for Building Equipment Upgrades – By Kevin A. Goldstein and Matthew Severson
If you own or operate a hotel for any significant length of time, you will likely have to replace some of your building’s core MEP and HVAC equipment. This article outlines project management strategies for successful building equipment projects.
Source: New feed
Hyatt Centric Brand Adds Three US Locations
Hyatt Hotels Corporation (NYSE: H) today announced three hotels are transitioning to the Hyatt Centric brand from the Hyatt brand, accelerating the Hyatt Centric brand’s growth. The three hotels include Hyatt Centric French Quarter New Orleans, Hyatt Centric Times Square New York and Hyatt Centric Key West Resort & Spa.
Source: New feed
Hickory Street Capital To Develop Hotel in Chicago's Lakeview Neighborhood
Hickory Street Capital has announced plans for Hotel Zachary, a new boutique, lifestyle hotel located in the heart of Chicago’s Lakeview neighborhood. Situated at the corner of Clark and Addison Streets adjacent to the landmark historic Wrigley Field, Hotel Zachary will be a community gathering place that taps into the distinctive character of Wrigleyville.
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