Bojangles’ return to Orlando highlights new partnership between Bojangles and restaurant developer in a deal involving 80 locations
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New Braniff Airways Hotel Building Listed in National Register of Historic Places
In November 2020, Braniff licensed a new Braniff-themed hotel project at the former Braniff International Hostess College located in the Oaklawn neighborhood of Dallas. The boutique hotel is tentatively scheduled to open in 2022, once the facility is fully remodeled.
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Palms Casinos Resort Sold for $650 Million
Red Rock Resorts, Inc. (NASDAQ: RRR) today announced a definitive agreement between its subsidiary Station Casinos LLC and a subsidiary of the San Manuel Band of Mission Indians to sell the Palms Casinos Resort.
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Hotel Professionals Eye a 2023 Recovery Timeline, but Too Late for Some – PhocusWire
A survey of the Hospitality Asset Managers Association reveals almost a third are considering brand or management changes as part of their recovery plans, with half planning to change both.
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Hotels, After Tough Year, Are Back in Investors' Sights
Capital-raising and hotel sales highlight investor optimism for the sector’s recovery
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American Express Acquires Egencia
American Express Global Business Travel (GBT) has made a binding offer to acquire Egencia, Expedia Group’s corporate travel arm. As part of the transaction, Expedia Group would become a shareholder in, and enter a long-term strategic commercial agreement with, GBT.
Source: New feed
Hyatt Reports First-Quarter 2021 Results
CHICAGO (May 4, 2021) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported first-quarter 2021 financial results. Net loss attributable to Hyatt was $304 million, or $2.99…
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Travelodge Unveils Plans for New UK Properties – Breaking Travel News
Travelodge has announced it expects to open 17 new hotels across the UK in 2021, creating 360 new jobs and growing its hotel network to 597 locations in the UK, Ireland and Spain.
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Amerihome Inn & Suites in Houston, Texas Acquired by The Siegel Group
The Siegel Group Nevada, Inc. announced today that it had acquired the former Amerihome Inn & Suites located in Houston, Texas. This acquisition increases the number of Siegel Suites and Siegel Select properties throughout the United States to 60 and marks the brand’s third location in the Texas market.
Source: New feed
Cambridge Beaches Resort in Bermuda Sold
Hospitality company Dovetail + Co expands into Bermuda with the acquisition of the historic Cambridge Beaches Resort & Spa.
Source: New feed