Starbucks and Nestlé in $7.15 Billion Distribution Alliance

As part of the alliance, Nestlé will obtain the rights to market, sell, and distribute Starbucks®, Seattle’s Best Coffee®, Starbucks Reserve®, Teavana™, Starbucks VIA® and Torrefazione Italia® packaged coffee and tea in all global at-home and away-from-home channels.
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Shaner Hotel Group in JV with Athens, Greece-based CS Hospitality

Officials of Shaner Italia, S.R.L., a division of The Shaner Hotel Group focused on owning and operating hotels in Europe, today announced the formation of a joint venture with Athens, Greece-based CS Hospitality to expand their hotel operations in Greece and Cyprus.
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Starwood Capital Group Sells £830m ($1.1b) Portfolio of U.K. Hotels to Foncière Des Régions

The portfolio consists of 14 leading, full-service hotels comprised of 2,638 keys and split across two distinct landmark brands, Principal (12 hotels) and De Vere (2 hotels). The properties occupy flagship locations in high-growth cities across the U.K., including London, Manchester, Edinburgh, Glasgow, Oxford, York and Leeds. Included in the portfolio are The Principal London and The Principal Manchester, two of the most iconic and historic hotels in the U.K.
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Mandarin Oriental Muscat Announced for 2021

Mandarin Oriental, Muscat will feature 150 guestrooms and suites, five restaurants and bars, a Spa at Mandarin Oriental and an outdoor swimming pool. A variety of banqueting and meeting spaces will accommodate social and business events.
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Four Seasons to Cease Management of Four Seasons Hotel Vancouver

Four Seasons is concluding its management of Four Seasons Hotel Vancouver, effective January 31, 2020. Four Seasons manages the Hotel under a long-term lease agreement with the property’s landlord, Cadillac Fairview Corporation; the current term of the lease expires in 2020, and will not be renewed.
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