Nationally, the pizza brand has signed 98-plus franchise agreements year-to-date, with over 200 stores in various stages of development, as Marco's aims to grow its 1000-plus unit footprint by more than 10% this year.
Source: New feed
Automated Pizza Oven Concept Expands in Michigan, Ontario and British Columbia
Source: New feed
IHG Hotels & Resorts and GI Capital Management today the signing of the 86 room Regent Kyoto which will open in 2024.
Source: New feed
Radisson Hotel Group announced the signing of Radisson Hotel Middelburg as part of the Group’s expansion plan in South Africa. Set to open at the end of 2023, the hotel brings the Group’s South African portfolio to 16 hotels in operation and under development.
Source: New feed
Peachtree Hotel Group announced that it had acquired more than $1 billion in stressed and distressed real estate assets since June 2020.
Source: New feed
A summary of European hotel transactions provided by HVS
Source: New feed
Flynn Properties Inc, owner of commercial real estate, luxury resorts and select service hotel properties in America and abroad, in a joint venture with Värde Partner today announced that it has acquired 20 select service hotels – 11 Marriott and nine Hilton branded locations – in a $211 million deal with Apple Hospitality REIT (NYSE: APLE).
Source: New feed
The properties are both located in North Carolina and are occupied under long-term, triple net leases with a weighted average of 15 years of term remaining.
Source: New feed
(CHICAGO) –– August 9, 2021 –– Hyatt Hotels Corporation (NYSE: H) is proud to announce the debut of Thompson Hollywood, the luxury lifestyle hotel situated on Wilcox Avenue near Hollywood…
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The third wave of COVID-19 infections and lockdowns materially impacted the Canadian lodging market with hotel occupancies in Canada averaging 31.3% in the second quarter, according to STR. Positively, hotel transaction activity picked up materially during the quarter with approximately 45 transactions totaling $548 million, pushing first half volume to near pre-COVID levels.
Source: New feed