Marcus & Millichap Brokers Nine-Property Hospitality Portfolio Sale for $225 Million

The properties are: – Crowne Plaza, Memphis, Tennessee, 319 rooms – Crowne Plaza, Austin, Texas, 293 rooms – Clarion Hotel, Orlando International Airport, 335 rooms – Crowne Plaza, Houston, Texas, 243 rooms – Crowne Plaza, Dayton, Ohio, 283 rooms – Crowne Plaza, Reading, Pennsylvania, 259 rooms – Garden Plaza, Marietta, Georgia, 218 rooms – Former Marriott, Jackson, Mississippi, 303 rooms – Crowne Plaza, Tulsa, Oklahoma, 286 rooms
Source: New feed

Pinstripes to Open New Locations at Westfield Shopping Centers in the U.S.

For the first time, Pinstripes, Inc. will bring its blend of dining and entertainment to the Westfield U.S. portfolio, Unibail-Rodamco-Westfield (URW) announced today. The agreement includes leases for two, first-to-market Pinstripes locations in Paramus, NJ at Westfield Garden State Plaza and in Los Angeles at Westfield Topanga.
Source: New feed

Ampex Brands Acquires Au Bon Pain

Ampex Brands, a Yum! Brands Inc. and 7-Eleven franchisee with more than 400 restaurants and convenience stores, today announced it acquired Au Bon Pain from ABP Corporation, a subsidiary of Panera Bread. The deal was finalized on June 29.
Source: New feed

Radisson Hotel Beijing Daxing Airport Announced for Q1, 2022

Radisson Hotel Group expands its presence in China with the signing of brand-new Radisson hotel at Beijing Daxing International Airport, the spectacular new global gateway that opened in 2019 and is expected to become one of the world’s busiest airport.
Source: New feed