Hyatt Expected to Double Number of Hotels in Africa by 2020

October 3, 2017

Hyatt Hotels & Resorts today announced that Hyatt expects to double the number of Hyatt hotels in Africa, with six new hotels expected to open by 2020. The developments are expected to see the Hyatt brand enter four new countries on the African continent and are expected to create approximately 2,100 new jobs once open.
Source: New feed

Wyndham Hotel Group Completes Acquisition of AmericInn

October 3, 2017

Wyndham Hotel Group plans to take its latest brand addition – which expands the company’s North American portfolio by 200 hotels and nearly 12,000 rooms – from a known Midwestern name to a national player, with potential for growth beyond U.S. borders.
Source: New feed

Franchising Group Brings 13 Dickey's Locations to Texas and Louisiana

September 28, 2017

Pairing Robert Ray’s 30-years of experience in the restaurant industry with El Mogazi and Hickingbottom’s venture capitalist experience, the trio have set themselves up for success with the Dickey’s brand. Along with the 13 locations they have signed on for, the group plans to develop more in the future.
Source: New feed

Soupman, Inc. Emerges from Bankruptcy

September 28, 2017

The brand, created in 1984 by Al Yegenah and made famous by Seinfeld in 1995, filed for Chapter 11 bankruptcy protection on June 13, 2017, as a result of overbearing legacy liabilities and corporate governance issues.
Source: New feed