Restaurant Industry Veterans Sign with QSR Brand for Existing Units and New Unit Development Throughout Nashville, Baton Rouge and the Carolinas
Source: New feed
Hilton (NYSE: HLT) has today announced its first Dutch Curio Collection by Hilton hotel as part of a franchise agreement with Castle estate owner Bas van de Laar. Kasteel Gemert Eindhoven, Curio Collection by Hilton, will be located in the town of Gemert, a short drive from Eindhoven city centre, and is expected to welcome guests in 2024.
Source: New feed
Innisfree Hotels announces that it has acquired the Comfort Suites Fernandina Beach at Amelia Island in a deal that closed Oct. 13.
Source: New feed
The signings are Verno House Budapest, Vignette Collection, which is set to open in summer 2023 under a franchise agreement, and voco Budapest which is due to open in late 2023 with a management agreement.
Source: New feed
MCR has acquired the Hyatt Place Miami Airport East, a six-story, select service hotel with 135 rooms in Miami, Florida. Built in 2015, the hotel was purchased at over a 25% discount to MCR’s estimated replacement cost.
Source: New feed
The property is newly constructed and located in a highly trafficked corridor in Illinois and is under a long-term, triple net lease with approximately 16 years of term remaining.
Source: New feed
Initial total annual rent under the lease with Hard Rock is $90.0 million and the lease has an initial term of 25 years, with three 10-year tenant renewal options.
Source: New feed
Hard Rock International (HRI) on Friday received regulatory approval from the Nevada Gaming Commission for its acquisition of The Mirage Hotel & Casino from MGM Resorts International.
Source: New feed
Several new hotel brands joined the industry in 2022, and Choice Hotels International's acquisition of Radisson Hotel Group's Americas business was among the biggest brand news of the year.
Source: New feed
Europäischer Hof, the founding hotel, located in Baden-Baden and acquired by Albert Steigenberger in the 1930s, is still putting its imprint on the European luxury hotel industry in the present day. To mark the progress attained in the construction work, Deutsche Hospitality hels a press conference, inviting guests to an exclusive opening tour of the Steigenberger icon Europäischer Hof.
Source: New feed