Michael Pallerino - CCR-Mag.com

High degree of accuracy in hotel budgets expected in 2016

Michael Pallerino

During hospitality industry periods of success, budgets are usually very accurate, according to PKF Hospitality Research. In 2014, hoteliers were

Giant pharmacy merger: Walgreens buys Rite Aid in $17.2 billion deal

Michael Pallerino

Talk about big news. The announcement that Walgreens is purchasing Rite Aid in a $17.2 billion deal puts together the

Cabela’s to grow more slowly, build smaller stores

Michael Pallerino

Outdoor retailer Cabela’s aims to eventually operate 225, but it will slow its new store growth plans next year and move

Newk’s rolls out its footprint for the future

Michael Pallerino

Jackson, Miss.-based fast-casual chain Newk’s Eatery will unveil its new prototype today with the opening of its newest restaurant in

Famous Dave’s founder returns to help revive the brand

Michael Pallerino

“Famous Dave” Anderson has rejoined the struggling barbecue restaurant chain that bears his name. Minnetonka-based Famous Dave’s of America Inc.

Key Food acquires 23 A&P units

Michael Pallerino

Key Food Stores has acquired 23 A&P stores in New York and New Jersey that the retailer will operate under

Trader Joe’s to build 1st store in downtown Minneapolis

Michael Pallerino

Trader Joe’s will build its first store in downtown Minneapolis in the east half of the city’s downtown, marking the

Choice Hotels sets sights on European markets

Michael Pallerino

Choice Hotels International has named three targets for expansion of its franchise-only model: Belgium, Germany and Turkey. Earlier this year,

Best Western plans debut of Vib brand in Laos

Michael Pallerino

Best Western International plans to bring a new boutique hotel brand to Southeast Asia. The Vib brand will debut in

Cushman & Wakefield advise on Sale of Holiday Inn in Denver’s East Stapleton

Michael Pallerino

Cushman & Wakefield recently represented Holualoa Companies as the exclusive advisor in arranging the sale of the Holiday Inn Denver

Hotel Equities creates division to manage full-service hotel offerings

Michael Pallerino

Hotel Equities recently formed a new division focused on full-service hotels as it increases its footprint in that market. In

Crown Resorts to develop luxury brand

Michael Pallerino

Australia’s Crown Resorts plans to create a new luxury brand to appeal to VIP gamblers. Over the next 10 years,

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High degree of accuracy in hotel budgets expected in 2016

Giant pharmacy merger: Walgreens buys Rite Aid in $17.2 billion deal

Cabela’s to grow more slowly, build smaller stores

Newk’s rolls out its footprint for the future

Famous Dave’s founder returns to help revive the brand

Key Food acquires 23 A&P units

Trader Joe’s to build 1st store in downtown Minneapolis

Choice Hotels sets sights on European markets

Best Western plans debut of Vib brand in Laos

Cushman & Wakefield advise on Sale of Holiday Inn in Denver’s East Stapleton

Hotel Equities creates division to manage full-service hotel offerings

Crown Resorts to develop luxury brand

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