Hyatt to sell an additional $2 billion of hotel assets by the end of 2024
Source: New feed
Hyatt to Acquire Apple Leisure Group, Expanding Global Brand Presence in Luxury Leisure Travel
CHICAGO (August 15, 2021) – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury…
Source: New feed
Chicken Salad Chick Experiences Growth In First Half Of Year With 17 New Locations And 14 Signed Franchise Agreements
Also reported a 50% increase in sales year-over-year as the brand opens its 200th store
Source: New feed
MCR Acquires the DoubleTree Minneapolis University Area and Converts It to a Hilton Garden Inn
Last fall, MCR acquired the DoubleTree from a lender who foreclosed on their borrower. MCR’s purchase price was more than a 40% discount to what the hotel previously sold for in 2018. In June 2021, MCR rebranded the hotel from a DoubleTree to a Hilton Garden Inn.
Source: New feed
Minor Hotels to Launch in Bahrain with Two Hotels Opening in 2024
Scheduled to open in 2024, Avani Bilaj Al Jazayer Bahrain Resort and Tivoli Bilaj Al Jazayer Bahrain Resort will be part of Bilaj Al Jazayer, a new waterfront leisure mixed-use masterplan owned by Edamah, the real estate arm of Bahrain’s sovereign wealth fund, Mumtalakat.
Source: New feed
Crystal Investment Property Brokers the Sale of Comfort Inn & Suites McMinnville, Oregon
Representing the Buyer of this Franchise Hotel in the Heart of Oregon’s Wine Country
Source: New feed
Hoots Wings Announces 18-Unit Area Development Agreement for Southern California
The new multi-unit deal marks hoots wings debut on the West Coast, setting the brand up to add 18 locations in California throughout Los Angeles and Orange County by 2026.
Source: New feed
Wendy's and REEF Announce Development Commitment for 700 Delivery Kitchens Across the U.S., Canada and the United Kingdom by 2025
50 delivery kitchens to be operating by year-end – Collaboration builds on successful pilot program in Canada – Development commitment makes REEF the Company's first franchisee in the United Kingdom
Source: New feed
Anantara World Islands Dubai Resort to Open Q4
Anantara World Islands Dubai Resort is in the final stages of development in the World Islands archipelago, located in the Arabian Gulf, approximately four kilometres off the coast of Dubai in the UAE.
Source: New feed
Why China's REITs Are Breaking the Mold
The much-anticipated C-REITs are aimed at boosting growth while avoiding overheating
Source: New feed