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K2 Restaurants maps growth plan for STRFSH

K2 Restaurants has acquired a majority stake in STRFSH, the California-based fast-casual seafood concept created by chefs Michael and Bryan Voltaggio, for an undisclosed amount. Plans call for at least three new restaurants to open this year, and the chain aims to enter new markets.

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Target goes bigger with plans for smaller stores

Target plans to open 30 more small-format stores this year in of Los Angeles, New York and Washington, D.C. Target and other retailers see smaller footprints as a stepping stone to markets where they otherwise wouldn’t be able to gain a foothold. Read the CNN

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Strong growth continues for extended-stay sector

Extended-stay hotels have exceeded overall industry supply growth six years running, and the segment expanded 6.9% between January 2018 and November. Homelike amenities attract travelers, while operators enjoy lower labor costs from less frequent room turnover. Read the Lodging magazine online story here

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