The acquisition includes an initial investment of $215 million for the Miraval brand and the resorts in Tucson and Austin. Hyatt expects to invest an additional $160 million over the next two to three years to fund the expansion of the Tucson resort, the redevelopment of the Austin resort and the acquisition and redevelopment of the Lenox resort.
Source: New feed
CHICAGO (January 18, 2017) – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has acquired Miraval Group, the renowned provider of wellness and mindfulness experiences, from an…
Source: New feed
W Hotels Worldwide, now part of Marriott International, Inc. (NASDAQ: MAR), today announced an agreement with QPR Properties Kft, part of Constellation Hotels Holding Ltd., to debut the W Hotels brand in Hungary with the opening of W Budapest.
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HYATT ANNOUNCES PLANS FOR HYATT CENTRIC LA ROSIÈRE, HYATT’S FIRST SKI RESORT IN THE FRENCH ALPS Hyatt Centric La Rosière marks continued international brand growth CHICAGO (January 17, 2017)…
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Fazoli’s today announced year-end achievements for 2016 with the signing of 11 franchise agreements to develop a total of 25 new restaurants nationwide. In addition, the brand marked a record breaking 15 consecutive quarters of same-store sales growth and opened five restaurants, most recently in Washington, Missouri and Bonaire, Georgia.
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The Melting Pot Restaurants, Inc. announced today it has signed its second franchise agreement funded by its "Path to Grow" financing program (PGP), granting ownership of the Destin, Florida Melting Pot to Lucinda Hollis, who is currently an area manager of the brand’s Greenville and Columbia, South Carolina locations.
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Occupying in excess of 1,000 hectares of prime Indian Ocean coastline in the north east of Zanzibar, Zanzibar Amber Resort is an integrated project which is currently under development blending contemporary lifestyle aspirations with premium hospitality and world-class facilities.
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Marriott International, Inc. (NASDAQ: MAR), today announced plans to launch its Aloft Hotels brand in Ireland through a franchise agreement with Blackpitts Hospitality Limited. Slated to open in the spring of 2018, Aloft Dublin City will mark the brand’s debut in the Irish capital.
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InterContinental Hotels Group (IHG) announced Mike Robinson as General Manager of the upcoming Kimpton De Witt, set to open in Spring 2017 as the first Kimpton Hotel & Restaurant (Kimpton) outside of the Americas.
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CHICAGO (January 17, 2017) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release fourth quarter 2016 financial results on Thursday,…
Source: New feed