Blackstone eyes globalization for Motel 6, Studio 6 brands
Blackstone Group is looking to expand its newly acquired brands Motel 6 and Studio 6 across North America and to
Blackstone Group is looking to expand its newly acquired brands Motel 6 and Studio 6 across North America and to
Retail sales are on track to rise 4.1 percent in November and December, down from a 5.6 percent rise in
U.S. resort markets are steadily returning to peak performance, STR reports. The segment saw a 6.1 percent growth in revenue
Buoyed by stronger same-store sales and customer traffic levels, the National Restaurant Association‘s Restaurant Performance Index (RPI) posted a modest
Accor is undertaking a four-year expansion strategy in Brazil that is designed to increase its portfolio there to 250. The
Hoteliers are bolstering spending on property improvements this year after the recession forced many to postpone upgrades for several years.
The Westfield Garden State Plaza in Paramus, N.J., is home to the first U.S. mall store from Japan’s Uniqlo. The
Macy’s has teamed with athletic shoe brand Finish Line to create branded shops set to launch next spring at 450
Panda Express has reached a major milestone with the opening of its 1,500th location. The unit, located in Cordova, Tenn.,
Summit Hotel Properties has agreed to acquire eight Hyatt hotels for about $87.4 million. The company also plans to buy
P.F. Chang’s is seeing success with its first eatery in Canada, and it and other U.S. chains are looking northward
Air-travel and lodging prices are expected to rise slightly next year as slow economic growth continues to encourage corporate travel.
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