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.
Harrah‘s New Orleans Casino is proposing the construction of a 24-story hotel with restaurants and a nightclub. The company could spend up to $340 million on the project, which would be next to the company’s existing facility and would create 600 construction jobs. Read The
Arby’s Restaurant Group has closed on its $2.9 billion purchase of Buffalo Wild Wings and formed a new multi-brand company dubbed Inspire Brands, which will focus on growing the existing brands and acquiring new ones. Roark Capital Group is the majority owner of Inspire Brands,
A vigorous global economy and healthy domestic consumer spending are among reasons for projecting a record year for gross hotel bookings in the United States, the Deloitte Travel, Hospitality and Leisure‘s latest report states. The forecast calls for 5% to 6% growth in 2018, to
Cousins Francis Garcia and Sal Basille learned the restaurant business while growing up around their family’s eateries, before launching pizza and beer concept Artichoke Basille Pizza in New York City a decade ago. Today, the chain has grown to 12 units, including the first franchised
Construction employment increased by 36,000 jobs in January to the highest level since August 2008, according to an analysis of new government data by the Associated General Contractors of America. Association officials said a possible new measure being discussed in Washington that would invest an
Airports have edged toward becoming destinations in their own right – security-line hell notwithstanding – for years now. Boutique hotels have made great strides in their own right, but in the end, they’re almost always geared toward visitors and foreclosed against much possibility of repeat
The Radisson Hotel in Manchester, New Hampshire, is slated for a multimillion-dollar redesign and transformation into a DoubleTree by Hilton. Read the U.S. News & World Report/The Associated Press story here
Revenue per available room has been on an upswing for 94 consecutive months, and the rally looks to continue. Occupancy is anticipated to rise by 0.3% this year, according to the hotel research firm STR and Tourism Economics. Read the Nasdaq story here
Architect Carol Ross Barney has created a sleek new look for an iconic McDonald’s restaurant in Chicago, which had been known as the Rock ‘n’ Roll McDonald’s. The 19,000-square-foot structure made of glass, timber and steel will boast green features including solar panels, living plant
Benchmark, a global hospitality company, added another Texas property to its portfolio with the Texas A&M Hotel and Conference Center. Under construction on the historic Texas A&M University campus in College Station, the new eight-story facility will offer 250 guestrooms and suites, a formal restaurant,
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