Fazoli's Posts Record-Setting Sales Results in November and Signs Franchise Agreement in Alabama

Fazoli’s today announced the signing of a franchise agreement to develop a restaurant in Huntsville, Alabama. The news comes on the heels of another month of strong sales results for the brand’s franchise restaurants. The Lexington, Kentucky-based company reported a 5.1 percent same-store sales increase for its franchised locations in November.
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StepStone Hospitality Adds Two Midtown Manhattan Hotels to Portfolio

StepStone Hospitality today announced that it has added two Midtown Manhattan properties to its hotel management portfolio, the 132-room Gregory Hotel and the 173-room Renwick Hotel, which became part of Curio – A Collection by Hilton.
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NOVUM Hotel Group Announces New Hotel for Frankfurt

A hotel of the NOVUM Style Hotel brand with 352 rooms will be constructed in the vicinity of the central exhibition grounds, in cooperation with the largest hotel project developer in German cities, the GBI AG.
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Starbucks Presents Its Five-Year Plan

Company to add 12,000 stores globally – to a total of 37,000 – by 2021; Projects 10 percent revenue growth, 15-20 percent EPS growth and mid-single digit comp growth annually
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AccorHotels Announces Strategic Partnership with Banyan Tree

Under a long-term partnership, both parties intend to collaborate to develop and manage Banyan Tree-branded hotels around the world. Banyan Tree will also have access to AccorHotels’ global reservations and sales network, as well as its loyalty program Le Club AccorHotels.
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Hyatt Regency Brand Makes Its Debut In Colombia

CHICAGO (December 7, 2016) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Cartagena, the first Hyatt-branded hotel in Colombia. The opening of the first Hyatt…

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Luxury Collection Sgns Five European Hotels

The Luxury Collection, part of Marriott International, Inc. (NASDAQ: MAR), today announced the signings of five flagship properties for the brand: the internationally-renowned boutique hotel The Wellesley and the exclusive The Westbury in London, Hôtel de Berri, a new alluring hotel in the heart of Paris, Cristallo Resort & Spa in Cortina, Italy, the first ski resort of the collection, and The Alexander in Yerevan, marking the brand’s debut in Armenia.
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