Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
Hilton Worldwide has added five properties to its Curio brand. With nearly 40 properties and 11,000 rooms either open or in various stages of development, Curio – A Collection by Hilton has quickly become one of the industry’s top-performing hotel collections. Read the HotelsMag.com story
Preferred Hotels & Resorts is rebranding its collection to focus on the distinctive aspects of its properties across 10 categories in a move the company says will take it from being a “house of brands” to a “branded house.” Preferred’s five collections are Connect, Legend,
The Mark Hotel and The Quin in New York along with The St. Regis in Washington, D.C., are among luxury hotels that are collaborating with high-end retailers to offer guests direct access to shopping. Guests who spend five nights at Madinat Jumeirah in Dubai will
Ashford Hospitality Trust has purchased Le Pavillon Hotel in New Orleans for $62.5 million. The REIT also has agreed to buy the W Atlanta Downtown for $56.8 million. Read the SNL Financial story here
The company behind Crave Restaurants will open a fast-casual burger spot and an Italian restaurant in the Mall of America this fall. Kaskaid Hospitality will take just over 11,000 square feet on the mall’s third floor for both restaurants, which will be called Burger Burger
Quickserve chain Back Yard Burgers started selling its branded beef patties at 500 Wal-Mart stores this month, and how the product did over Memorial Day weekend will help determine whether it gets a wider rollout. Read the American City Business Journals/Memphis, Tenn. story here
A $300 million acquisition will add 13 more hotels to American Realty Capital Hospitality Trust‘s current portfolio. The Noble Investment Group properties being purchased include brands such as Hilton, Hyatt and Marriott. Read the HotelsMag.com story here
Hotel Indigo and Royal Sonesta Harbor Court Hotel recently opened in Baltimore after major renovations. Hotel Indigo, owned by InterContinental Hotels, is located in a converted YMCA building, and the Royal Sonesta Harbor Court is reopening after a $10 million revamp. Read The Baltimore Sun
A Wright Investment Properties affiliate has bought the 197-room Holiday Inn in Alexandria, Va. The acquisition, worth an estimated $17.7 million, advances plans for a major renovation at the 50-year-old hotel, which will retain its Holiday Inn brand. Read American City Business Journals/Washington, D.C. story
Buffalo Wild Wings is working to acquire all of 41 restaurants operated by six franchise arms in three states, including Hawaii, where there are three Oahu restaurants. Read the Pacific Business News story here
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