From the Africa Hotel Investment Forum in Togo, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that it will introduce its Four Points by Sheraton brand in Tanzania with the signing of Four Points By Sheraton Arusha and Four Points by Sheraton Dar es Salaam.
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The recently renovated hotel includes 510 guestrooms and is located in downtown San Jose, CA, one of Silicon Valley’s strongest lodging markets. The acquisition price was $154 million ($302,000 per key) and has been financed with $88 million of senior debt.
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Closes Out First Wave of Franchise Commitments Since Opening California for Franchise Sales in January of 2013
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Cantina restaurant with a distinctly Vegas experience to open on Harmon Corner on Las Vegas Strip
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The hotel’s exterior façade, 839 guestrooms and suites, and public areas including a 280,000-gallon lobby aquarium will be re-conceptualized, and a destination pool deck with two new pools will be added. Two new restaurants by celebrity chef Masaharu Morimoto will be created exclusively for the hotel.
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CHICAGO (July 13, 2016) – Hyatt Hotels Corporation (NYSE:H) announced that the Hyatt House brand has been recognized by J.D. Power as highest in guest satisfaction among North American upper…
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Chanticleer Holdings, Inc. (NASDAQ: HOTR) owner and operator of multiple restaurant brands internationally and domestically, today announced that it intends to exit the Australia and Eastern Europe markets. The stores are expected to either be sold or closed during the third quarter of 2016.
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Jamba Juice (NASDAQ:JMBA) announced yesterday that as part of its ongoing east coast expansion it has entered a development agreement that will yield twenty (20) new locations in the greater Detroit market. The agreement was reached with Kevin Denha and Omar Ammori, industry franchising leaders and includes an accelerated growth plan over the first 3 years of the 8-year deal.
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The iconic Chateau on the Park Christchurch is nestled amongst five acres of beautiful gardens and is an enduring favourite hotel destination amongst locals and travellers to Christchurch.
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The destination will feature 186 modern guest rooms, including 42 overwater villas along 457 acres of coastline -with three miles of private white sand beaches.
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