McDonald’s is handing over an 80% stake in it’s China-based restaurants to a team that includes the nation’s biggest conglomerate.
Source: New feed
McDonald's Selling 80% Stake in China, Hong Kong Restaurants – USATODAY
January 9, 2017
AlRayyan Hotel Doha in Qatar Jons Curio Collection
January 9, 2017
Located in the upscale neighbourhood of Al Rayyan, and directly connected to the Mall of Qatar, the AlRayyan Hotel Doha, Curio Collection by Hilton offers a choice of 201 elegant guest rooms and suites featuring timeless decor along with floor-to-ceiling windows, oversized bathrooms and walk-in rain showers.
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Hospitality Management Corporation Adding Holiday Inn Express® Irving DFW Airport North to Portfolio
January 9, 2017
Hotel Conveniently Located near Dallas/Fort Worth Airport
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Johnny Rockets Celebrates 30 Countries In 30 Years
January 9, 2017
Johnny Rockets recently celebrated its 30th anniversary by announcing the opening of a new restaurant in its 30th country.
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Yum China Launches Taco Bell Brand in China
January 9, 2017
The inaugural restaurant is located near Shanghai’s landmark Oriental Pearl Tower in the Lujiazui area, the city’s central business district, and is Taco Bell’s latest international market entry as it grows the brand globally.
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American Hotel Income Properties REIT Acquires Two Embassy Suites by Hilton Hotels in Texas and Arizona for US$57.6 Million
January 9, 2017
The Acquisition Properties comprise 529 total guest rooms and were acquired for approximately US$109,000 per guest room, exclusive of the cost of the PIPs, which is below management’s estimate of replacement cost.
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Renaissance Woodbridge New Jersey Hotel Sold
January 9, 2017
ASAP International Holdings (OTCQB: ASAE) announced today that it has successfully acquired The Renaissance Woodbridge Hotel located in 515 US-1, Iselin, NJ 08830 which closed on November 15, 2016.
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Hyatt Regency Fuzhou Cangshan Debuts in Southern China
January 9, 2017
CHICAGO (January 6, 2017) – The Hyatt Regency brand celebrates its debut in Southern China’s Fujian Province with the opening of Hyatt Regency Fuzhou Changshan. Merging traditional Chinese…
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Cheddar's Scratch Kitchen Acquires Largest Franchisee
January 5, 2017
Transaction Expands National Footprint by 44 Locations
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JLL Real Views – How 'Poshtels' Are Reinventing the Budget Accommodation Sector – By Natalie Holmes
January 5, 2017
At a time when budget travelers are increasingly experience-driven, the hospitality industry is responding with a concept that caters to this new guest profile: the ‘poshtel’. Unlike traditional hostels, poshtels typically combine a design-led ambiance with small, often shared sleeping areas and a focus on innovative communal spaces.
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