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.
Accor announced that its Pullman Hotels and Resorts brand will undergo a refresh that includes a new logo, marketing campaign and property design. The redesign seeks to present Pullman hotels as destinations mixing the aesthetics of leisure and business. Read the HotelsMag.com story here.
Delhaize Group says it will sell Sweetbay Supermarket, Harveys Supermarket and Reid’s to BI-LO Holding for $265 million. The cash deal for 165 stores, which generated about $1.8 billion in revenue last year, is expected to close in the fourth quarter. Read the Supermarket News
The Millennium Hotel in Minneapolis is close to completing a $22 million overhaul of its rooms and public spaces, just in time to celebrate its 50th anniversary. All of the hotel’s 321 rooms have received extensive upgrades, and its lobby has been remodeled to reflect
Hotel firms and developers are flocking to Milwaukee and its downtown area, drawn by the local hotel market’s rapid recovery in performance and profitability. The city’s development pipeline comprises six hotels in various stages of development, which are set to add a total of 1,083
Oklahoma Gov. Mary Fallin is seeking fast-track action on emergency funds from the federal government to rebuild tornado-damaged infrastructure in Moore, Okla. Initial assistance has been efficient and quick so far, Fallin says. In a visit to Moore, President Barack Obama called the scale of
Sbarro will call its new fast-casual concept Pizza Cucinova and will open the first two stores in the Columbus, Ohio, market. The chain aims to lead in the fledgling fast-casual pizza market, which isn’t yet dominated by a single brand. Read the American City Business
Data from STR Analytics‘ 2013 Host Almanac show the U.S. hotel industry’s earnings in 2012 at $58 billion, nearly reaching the record earnings set during the peak year of 2007. Net operating income was nearly $40 billion on a 13.4 percent rise in total revenue,
The Crowne Plaza Hotel in Colorado Springs, Colo, has been sold to 513 Hotels Ltd., a division of John Bushman’s Investment Corp. of America, for $14 million. The new owner has unveiled plans to renovate the 500-room hotel and rebrand it under the MCM Hotels
The San Jose Marriott Hotel in California has been sold to CBRE Strategic Partners. The purchase price was not disclosed. Renovation work is planned for the 506-room property, which includes 23,000 feet of meeting space, a business center and a swimming pool. Read the GlobeSt.com
Smashburger plans to expand from 200 units to about 500 in the next few years, and may seriously consider going public. The chain hasn’t raised the price on its $4.99 Classic Smash burger since opening in 2007, but it added about 2 percent to the
Sign up for our eblasts to get updated information, news and opportunities.
Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry.
This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Furthermore, Changing privacy laws now require website visitors from EEA based countries to provide consent in order to use personalized advertising or data modeling with either Google Ads & Analytics. Find out more on the Privacy Policy & Terms of Use Page