IHG (InterContinental Hotels Group) has signed a management agreement with Warisan City Development Sdn Bhd – part of the Kienta Group of Companies – for a newbuild Holiday Inn within the Kuala Lumpur International Airport (KLIA) vicinity.
Source: New feed
Cedar Fair Entertainment Company (NYSE: FUN) today announced it has acquired Sawmill Creek Resort located in Huron, Ohio. Financial terms of the transaction were not disclosed.
Source: New feed
The hotel, fully renovated in 2018, is situated at the heart of King of Prussia’s affluent corporate office district, anchored by numerous Fortune 500 companies.
Source: New feed
Hooters of America, LLC announced yesterday that Nord Bay Capital and its advisor TriArtisan Capital Advisors LLC have closed on a transaction to acquire HOA from H.I.G. Capital, Chanticleer Holdings (NASDAQ: BURG) and other investors. Financial terms of the deal were not disclosed. As part of the transaction, the selling entities will each retain a stake in the Company.
Source: New feed
CHICAGO (July 1, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Place Tokyo Bay, marking the debut of the Hyatt Place brand in Japan. Hyatt Place Tokyo Bay…
Source: New feed
This will be the third Ginger in the state of Andhra Pradesh
Source: New feed
Thursday, June 27 marked the dawn of a new era in the evolution of Las Vegas as businessman Alex Meruelo unveiled the return of SAHARA to the world-famous Las Vegas Strip.
Source: New feed
Sold at 12.9x Trailing Twelve Months Hotel EBITDA
Source: New feed
The three properties include a corporate-leased Chick-Fil-A, a corporate-leased Red Lobster and a franchisee-leased Hardee’s restaurant located in Iowa. All are occupied under triple-net ground leases with an average remaining term of approximately 5 years.
Source: New feed
The 50-villa resort marks the second property under The Unbound Collection by Hyatt in China
Source: New feed