FAT Brands Agrees to Combine with Fog Cutter Capital Group

FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) announced today that it has entered into an agreement to combine with Fog Cutter Capital Group Inc. (FCCG), the Company’s controlling stockholder. The merger is intended to provide FAT Brands with increased financial flexibility and simplified corporate structure, at a time in the restaurant industry when committed capital and first mover advantage are critical to strategic acquisitions.
Source: New feed

Raffles Moscow Hotel Announced for 2022

Kievskaya Ploshchad Group of Companies and Accor announcde the upcoming opening of a luxury hotel to be located in the very heart of Moscow. The flagship hotel, located next to the Kremlin, will be managed under the Raffles Hotels & Resorts brand and is expected to open in the second half of 2022, becoming the first Raffles hotel in Russia.
Source: New feed

Hilton Garden Inn Kyoto Shijo Karasuma to Open in 2022

Hilton (NYSE: HLT) yesterday announced the signing of a management agreement for the first Hilton Garden Inn in Japan. Inked in partnership with Godo Gaisha Kyoto Shijo Hotel Management, the hotel is scheduled to open in December 2022.
Source: New feed

Vīb Hotel Breaks Ground In Tempe, Arizona

Anticipated to open in September 2021, Vīb Tempe will offer additional amenities such as a state-of-the-art fitness center with interactive workouts, outdoor pool, and a multifunctional meeting space.
Source: New feed

Holiday Inn Greater NOIDA West to Open 2023

IHG Hotels & Resorts has signed a management agreement with Regal Emporia Infratech (a subsidiary of Investors Clinic), for Holiday Inn Greater NOIDA West in Boulevard Walk, a mix use development by Home & Soul. The new-built hotel will have 140 keys and is expected to be operational by first quarter of 2023.
Source: New feed