In one of my favorite cartoons, a little girl comes home from her first day of school. With a warm, loving smile, her mother asks, “What did you learn in school today?” With a sad, dejected look on her face, the girl replies, “Not enough. I have to go back tomorrow.” Managing a multi-branch […]
By: Kevin Behan | Read 120 times | Shared 1 time Earlier this summer, Goldfish Swim School received one of Franchise Update’s annual Franchise Innovation Awards for the most innovative use of data. Goldfish Swim Schools’ Data Factory is a cloud-based, end-to-end program that aggregates and prioritizes data requests and sources to create products […]
Through the acquisition, CDC Houston becomes the majority owner of all three restaurant properties in the massive development in north Houston. HOUSTON — CDC Houston, a subsidiary of New York City-based Coventry Development Corp., has acquired a majority interest in the 337-room Houston City Place Marriott from San Antonio-based Affinius Capital and Dallas-based Woodbine Development […]
RAPID CITY, SD – The restaurant space at the Walmart at 1200 N Lacrosse Street has sat unused for years since the McDonald’s closed there. Soon it will be filled again. Building permits recently filed with the City of Rapid City indicated that the construction planned at this location was the remodeling of an A&W […]
Hyatt has officially announced the sale of the Hyatt Regency Orlando to a joint venture of Ares Management and Rida Development. The deal also includes a new Grand Hyatt being built next door. ORLANDO – Hyatt Hotel Corp.’s high-profile sale of the 1,641-room Hyatt Regency Orlando includes construction of a 2,500-room Grand Hyatt to be […]
Latest news on deals, developments, data and more. Rockbridge buys in Chicago. Columbus, Ohio-based owner and developer Rockbridge has acquired the 200-room Hyatt House Chicago West Loop/Fulton Market hotel, located one block from McDonald’s headquarters. The name of the seller and the price paid were not disclosed. Built in 2019, the 14-story hotel is the […]
Latest news on deals, developments, data and more. Joint venture sells Hollywood hotel at a discount. A joint venture of London-based MetLife Investment Management and New York City-based Loews Hotels & Resorts has put its 625-room Loews Hollywood Hotel up for sale at a discount, according to The Real Deal. The joint venture offered the […]
The Flynn Group also plans to open half a dozen new Wendy’s stores this year. | Photo: Shutterstock. Flynn Group LP adds more Wendy’s restaurants to its growing portfolio. The San Francisco-based franchise operator announced Thursday that it has acquired 83 Wendy’s stores in New Jersey and Pennsylvania. The deal brings the number of Wendy’s […]
Qdoba’s goal is to reach 1,500 units in the next seven years. The country’s second-largest Mexican fast-casual chain continues to expand its presence in several key states. Just a few weeks after announcing the opening of 30 new locations in North and South CarolinaQdoba Mexican Eats will open 39 new stores in key markets across […]
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Iconic fondue franchise Melting Pot is targeting independent restaurants looking to add operational support and supply chain strength to their brand, launching a plan to make the transition attractive. TAMPA, FL – One challenge in converting an existing restaurant into a new one is cash flow. Many operators are hesitant to close their restaurant, even […]
