Company on-track to grow its portfolio by 45 percent through the end of 2023 with over 100 properties under development
Source: New feed
SG Blocks and Arizona Investissements Announce $4 Million Agreement to Build Mobile Hospitality Units in New York State
Units Can be Seasonally Relocated
Source: New feed
InterContinental Lyon – Hotel Dieu to Open in June 2019
The InterContinental Lyon – Hotel Dieu will open this summer, following an extensive four-year restoration to one of the city’s most iconic buildings
Source: New feed
Studio Movie Grill Announces Strategic Investment from TowerBrook Capital Partners to to Accelerate Growth
Studio Movie Grill today announced that it has received a strategic growth investment of $100 million from TowerBrook Capital Partners L.P., an international investment management firm. The partnership will help drive SMG's next stage of accelerated growth, as the Company continues to open in-theater dining locations across the United States.
Source: New feed
Marriott International Targets 1,000 Properties in Asia Pacific by End of 2020
In 2019, the company expects to add close to 100 new hotels or close to 20,000 rooms in the region, with several brand debuts in Australia, Hong Kong, The Philippines, Nepal and India.
Source: New feed
W Bali – Ubud Hotel Slated to Open in 2020
This expansion into Ubud marks the second W Hotel in Indonesia, following the opening of W Bali – Seminyak in 2010.
Source: New feed
FCPT Closes One Additional Burger King Restaurant of Washington Prime Transaction for $2.0 Million
Four Corners Property Trust (NYSE:FCPT) closed on the purchase of an additional Burger King property today from Washington Prime Group Inc. for $2.0 million. The property is located in Maryland and is occupied under a triple-net lease with approximately 16 years of term remaining and 10% rent escalations every 5 years.
Source: New feed
National Jack in the Box Franchisee Association Reiterates Its Call for New Ownership and a Change in CEO
Despite Recent Corporate Road Shows, Franchisees Say Situation Has Taken a Turn For the Worse With Corporate Retaliating Against Franchisees, Breaking Agreements Already in Place
Source: New feed
Marina Bay Sands Integrated Resort in Singapore Announces 1,000 Room Expansion
Located immediately adjacent to the existing Marina Bay Sands Integrated Resort (IR), the key elements of the development will be a state-of-the-art 15,000-seat arena, a luxury hotel tower and additional MICE (Meeting, Incentive, Convention, and Exhibition) space.
Source: New feed
IHG Has Reached 400 Open Hotels in Greater China
IHG has 35 years of experience in Greater China, having opened its first Holiday Inn hotel in Beijing in 1984. Since then it has continued to grow, surpassing 100 open hotels in 2008 and double that number by 2013, with its 300th hotel following just four years later. IHG's next 100 properties have opened in less than two years.
Source: New feed