Higher interest rates and limited financing make doing deals more difficult, despite high interest.
Source: New feed
Marriott International to Acquire Mexican City Express Brand
With the acquisition Marriott is poised to become the largest hotel company in the Caribbean and Latin America
Source: New feed
Jack in the Box Builds Upon Strong Franchise Development Momentum with Opening of Brand New Prototype
Recently Opened Restaurant in Tulsa is First to Feature Burger Brand’s New Store Layout
Source: New feed
Okura Resort & Spa Phu Quoc to Open 2027 in Vietnam
Hotel Okura Co., Ltd. announced that the Okura Resort & Spa Phu Quoc will open in 2027 at the premier resort of Long Beach on Phu Quoc Island in Vietnam. The company has contracted with Trading Construction Works Organization to manage the new property.
Source: New feed
Accor Signs New Dual-branded 354 Room Mercure & Ibis Hotel in Bangkok
Accor has signed a management agreement for a new dual-branded hotel in Thailand’s capital. Mercure & ibis Bangkok Siam Ratchathewi is slated to open in 2025.
Source: New feed
Extended Stay America Announces Deal for 15 Extended Stay America Premier Suites
New construction properties will be located in major cities across the Western United States
Source: New feed
Capital Tacos Make Official Colorado Debut with New 3-Unit Franchise Signing
Capital Tacos is preparing to embark on the brand's first franchise endeavor made outside the Southeast. The announcement comes after father-daughter duo Jason and Marilyn Scoby finalized a multi-unit development agreement to bring 3 new Capital Tacos restaurants to the Boulder area starting in early 2023.
Source: New feed
HVS Asia Pacific Hospitality Newsletter – Week Ending 14 October 2022
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed
Hyatt Regency Salt Lake City Officially Debuts as the First Hotel Connected to the Salt Palace Convention Center
SALT LAKE CITY (October 18, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today the 25-story Hyatt Regency Salt Lake City officially opened its doors on October 17, debuting as the first…
Source: New feed
Stoner's Pizza Joint Announces Additional Denver, CO Locations
Stoner's Pizza Joint announced today that it will be expanding its footprint in Denver, Colorado with two additional locations scheduled to open by year end of 2022. The locations are at 4565 E. Colfax Ave, Denver, CO and 7456 S. Simms St. #2, Littleton, CO 89127.
Source: New feed