Raffles is on track to more than double its portfolio. Later this year, Raffles will open a second hotel in Dubai (The Palm), along with Bahrain, Udaipur and Macau. Next year and beyond, the brand will debut flagship locations in London (2022), Boston (2022), Doha (2022), Jeddah (2022) and Moscow (2023), among others.
Source: New feed
The properties are located in highly trafficked corridors in Texas and are both corporate-operated under triple net leases with twenty years of term remaining
Source: New feed
Owners of Quiznos and Taco Del Mar Will Leverage Extensive Restaurant and Consumer Expertise to Propel Further International and Domestic Growth of One of the World’s Largest Quick Service Chicken Restaurant Chains
Source: New feed
H.I.G. Capital, LLC announced an affiliate has entered into a definitive agreement to acquire Quick Restaurants S.A. from Burger King France.
Source: New feed
Blaze is expanding its strong presence in Southern California with two restaurants under development and slated to open in Indio and Colton, new markets for the brand in its home state. Additionally, the brand has also signed an agreement to open its first locations in Alaska, with four restaurants in the pipeline to be developed across the state, with an initial focus on Fairbanks.
Source: New feed
The properties are located in Kentucky and are occupied under a triple net master lease to Soar QSR, a Sonic franchisee and subsidiary of CMG Companies, one of the largest multi-unit franchise operators in the United States, with 20 years of term and 1.5% annual rent increases.
Source: New feed
Rotana has signed new management agreements with Al Marasem Development and Marina Way Lagoon. The agreement includes the management of two new properties – Lake Residence, serviced apartments in New Cairo which will also mark Rotana’s debut in the capital city and Marina Bay, Hotel Apartments in Alamein, North Coast.
Source: New feed
Apollo’s David Sambur and Alex van Hoek join HGV Board
Source: New feed
The select-service hotel property, built in 1995, was purchased by Landstar Hotels, based in Ciudad Juárez, Mexico, from Kiertan Laredo LLC, based in Houston, Texas.
Source: New feed
LONDON (2 August 2021) – Hyatt today announced that a Hyatt affiliate has entered into a management agreement with an affiliate of Millat Properties for Hyatt House Johannesburg Sandton. The…
Source: New feed