The new business model will maximize all the revenue streams as the traditional model with the additional feature of a double-stack drive-through.
Source: New feed
Upcoming Live Webinar – Commercial Real Estate in the Wake of a Pandemic – How Borrowers and Lenders Are Responding to COVID-19
Wednesday, April 22, 2020, 10am EDT
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HVS Hotel Transaction Activity: The Factors Influencing a Return to Normalcy in a Post-COVID-19 Time – By Drew Noecker
As a result of the current COVID-19 pandemic, the HVS Team has received many questions about when U.S. hotel transaction volume will return to reasonable, pre-pandemic levels. While we do not have a definite answer, as this circumstances are evolving daily, we have tried to use past events to provide some insight on the factors that would affect a possible rebound.
Source: New feed
Mandarin Orchard Singapore to Rebrand As Hilton Singapore Orchard
Hotel set to become Hilton's flagship in Singapore and the largest Hilton hotel in Asia-Pacific
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Hyatt Launches Hyatt Care Fund to Provide Financial Relief to Global Colleagues
CHICAGO (April 14, 2020) – The COVID-19 pandemic has impacted the hospitality industry around the world, leading to temporary leaves or significantly reduced work schedules for many members of the…
Source: New feed
Regent Shanghai Pudong Announced for This May
IHG to Open First Regent Hotel Since Brand Acquisition
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C3 – Subsidiary of Global Hospitality Company Sbe – Expands Umami Burger and Sam's Crispy Chicken in New York
C3 (Creating Culinary Communities) a subsidiary of sbe Entertainment Group announced the expansion of its staple burger concept, Umami Burger, and delivery-only concept, Sam's Crispy Chicken. Both will operate out of a ghost kitchen located at 120 W. 57th Street, between 6th and 7th Avenues, just south of Central Park.
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Lodging Partners Announces Sale of Residence Inn Durango
Lodging Partners, LLC, a member of Hotel Brokers International, announced the 66-guestroom Residence Inn located in Durango has sold to a regional owner/operator of premium-branded select-service hotels.
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Yum China Has Completed the Acquisition of a Controlling Interest in Huang Ji Huang
Yum China Holdings, Inc. (NYSE: YUMC) today announced that it has completed the acquisition of a controlling interest in the Huang Ji Huang group, a leading Chinese-style casual dining franchise business.
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IHG Completes Sale of Holiday Inn Melbourne Airport Leasehold Interest to Pelligra Group
IHG has successfully completed the sale of its leasehold interest in Holiday Inn Melbourne Airport to Pelligra Group, owners of upcoming Holiday Inn Melbourne Werribee and Holiday Inn Melbourne Richmond.
Source: New feed