Hilton Worldwide (NYSE: HLT) and Vičiūnai Group today announced the signing of a franchise agreement to bring the DoubleTree by Hilton brand to Lithuania for the first time. Construction of DoubleTree by Hilton Vilnius City Center is to begin this year, in the heart of the Lithuanian capital.
Source: New feed
Dunkin’ Donuts announced today the signing of a multi-unit store development agreement with two existing franchise groups to develop nine Dunkin’ Donuts restaurants and one multi-brand unit with Baskin-Robbins, the world’s largest chain of ice cream specialty shops, in Alabama over the next several years.
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Red Alpha Holding LLC will open the state’s first Newk’s in 2017
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PJ Western Retail signed a development agreement to open 40 restaurants over the next eight years, with the first store scheduled to open in St. Petersburg in September.
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The Rezidor Hotel Group has started its most extensive investment program ever in the Nordics – allocating €110m to the renovation and refurbishment of several flagships. Key projects include the city of Stavanger in Norway where Rezidor has already completed the total make-over of the Radisson Blu Royal Hotel and will now start a full renovation of the Radisson Blu Atlantic Hotel with a group investment of 165MNOK.
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Expected to open in November 2018, the 345-room Cambria hotel & suites Anaheim is located in the center of Orange County at the intersection of West Katella Avenue and Anaheim Boulevard near Interstate 5.
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The restaurant chain is set to open five restaurants in the Atlanta market over the next several years, with the goal of opening locations in Alpharetta, Cumming, Johns Creek and Snellville. In addition, multiple new locations are set to open throughout Illinois, with three locations slated to open in key growth markets such as Effingham, Decatur and Champaign.
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Father-and-son franchisee team Dwight Pearson and Jamion Ridon plan to open two restaurants in Midtown and Sandy Springs over the next two years.
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Reaches New Heights with 13 Consecutive Quarters of Positive Same-Stores Sales and a 5.1 Percent Sales Increase in July
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Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced the closing on the sale of a legacy asset, the 64 room Super 8 located at 3108 North Broadway Pittsburg, KS 66762, for $1.62 million.
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