Earnings News

Last Updated - Thursday, May 16, 2019SAN DIEGO–(BUSINESS WIRE)–Jack in the Box Inc. (NASDAQ: JACK) today reported financial results for the second quarter ended April 14, 2019. The company completed the sale of Qdoba Restaurant Corporation (“Qdoba”) on March 21, 2018. Qdoba results are included in discontinued operations for all periods presented. Earnings from continuing operations were $25.1 million, or $0.96 per diluted...

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FAT Brands Completes Acquisition of Elevation Burger

Last Updated - Thursday, June 20, 2019LOS ANGELES–(BUSINESS WIRE)–FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) announced that it has successfully completed the acquisition of Elevation Burger for $10 million which was funded through a combination of sellers’ notes and cash. With the acquisition of Elevation Burger, FAT Brands now franchises more than 400 restaurants around the world with annual system-wide sales exceeding $400 million. Elevation Burger was originally conceived in 2002 by Hans Hess as a healthier burger offering. Delivering authentic, sustainably prepared food, Elevation Burger offers grass-fed,...

Olive Real Estate Group and Hotel Equities Break Ground on New Marriott® Dual-Branded Hotel in Colorado Springs

Last Updated - Thursday, June 20, 2019Unveiled plans for SpringHill Suites® and Element® hotel to offer guests two unique experiences, one address Unveiled plans for SpringHill Suites® and Element® hotel to offer guests two unique experiences, one address ...

Infor Announces New Solution for Hoteliers to Simplify Pricing

Last Updated - Thursday, June 20, 2019 Infor, a leading provider of industry-specific cloud applications, today announced the launch of Infor Hospitality Price Optimizer (HPO), to be generally available this summer. Infor HPO is a comprehensive, built-for-the-cloud...

Whataburger Positions Itself for the Future

Last Updated - Thursday, June 20, 2019SAN ANTONIO, June 14, 2019 /PRNewswire/ — Whataburger announced today that BDT Capital Partners, LLC, a merchant bank that advises and invests in family and founder-led companies, has agreed to acquire through its affiliated...

IHG Strengthens Luxury And Upscale Portfolios In India

Last Updated - Friday, June 14, 2019 InterContinental Hotels Group® (IHG), one of world’s leading hotel companies has signed an agreement with Hotel Paraag Limited in Bangalore, for two hotels...

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Radisson Blu Expands In China With Opening Of An Urban Resort In Shanghai

Last Updated - Wednesday, May 29, 2019 Now Open28 May 2019 Radisson Blu Expands In China With Opening Of An Urban Resort In Shanghai Now open – 439 Rooms Radisson Blu, the upper upscale hotel brand that delivers personalized service in stylish spaces, has continued to expand its portfolio in China with the opening of an urban resort in Shanghai. Situated...

Langham Hospitality Group Opens the First Cordis Resort in China

Last Updated - Wednesday, May 29, 2019HONG KONG–(BUSINESS WIRE)–Cordis, Dongqian Lake, Ningbo opens today, claiming its mantle as the first Cordis resort by Langham Hospitality Group as well as the fifth property in the global...

Hyatt Announces Plans for Hyatt Centric Victoria Harbour Hong Kong

Last Updated - Wednesday, May 29, 2019CHICAGO–(BUSINESS WIRE)–Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with an affiliate of Sun Hung Kai Properties Limited...

Shangri-La Opens 2nd Hotel in Suzhou in June 2019

Last Updated - Sunday, May 26, 2019Pipeline22 May 2019 Shangri-La Opens 2nd Hotel in Suzhou in June 2019 Scheduled for June 2019 – 319 Rooms Shangri-La Hotel, Suzhou Yuanqu Shangri-La Hotel, Suzhou Yuanqu Suzhou 22 May...

Canopy by Hilton Set to Debut in Africa

Last Updated - Wednesday, May 29, 2019 Pipeline28 May 2019 Canopy by Hilton Set to Debut in Africa Scheduled for 2021 – 150 Rooms Hilton (NYSE:HLT) (www.Hilton.com)  announced the signing of...

Jumeirah Al Wathba Desert Resort and Spa, a new wellness retreat in Abu Dhabi

Last Updated - Wednesday, May 8, 2019 Now Open 8 May 2019 Jumeirah Al Wathba Desert Resort and Spa, a new wellness retreat in Abu Dhabi Now open – 13 Rooms Set deep within the mesmerising desert landscape of Abu Dhabi, the Talise Spa at the brand new Jumeirah Al Wathba Desert Resort and Spa is a hallmark...

Radisson Blu Makes Its Debut In Algeria

Last Updated - Tuesday, May 7, 2019Now Open 6 May 2019 Radisson Blu Makes Its Debut In Algeria Radisson Blu Hotel, Algiers Hydra Radisson Blu Hotel, Algiers Hydra Radisson Blu, the upper upscale...

Hilton Garden Inn Expands Footprint in Africa

Last Updated - Friday, May 3, 2019 MCLEAN, Va. and DURBAN, South Africa – Hilton Garden Inn, Hilton‘s (NYSE: HLT) globally recognized upscale hotel brand, is celebrating strong growth in Africa...

Arcos Dorados Announces Key Management Changes

Last Updated - Thursday, June 20, 2019MONTEVIDEO, Uruguay–(BUSINESS WIRE)–Arcos Dorados (NYSE: ARCO) today announced that its Board of Directors has appointed Marcelo Rabach, 49, as Arcos Dorados’ new Chief Executive Officer, effective July 1. Mr. Rabach succeeds Sergio Alonso, 55,...

Martin Smura Named CEO at Kempinski Hotels S.A. in Geneva, Switzerland

Last Updated - Friday, June 14, 2019 790185172019-06-11 11:42:452019-06-11 11:42:4512019-06-11 11:42:45martinsmuraMartin SmuraCEO Markus Semer’s successor as Chief Executive Officer (CEO) at the Kempinski Group is Martin Smura. This was confirmed by the luxury hotel group today; he will take over...

Jennifer Schneider Vice President of Revenue Optimization in the Americas at Radisson Hotel Group (RHG) America, USA

Last Updated - Thursday, June 13, 2019Appointment 6 June 2019 Appointed Vice President of Revenue Optimization in the AmericasAt Radisson Hotel Group (RHG) America, USA Radisson Hotel Group today announced...

James Struthers has been promoted CEO at KSL Resorts in La Quinta – CA, USA

Last Updated - Thursday, June 13, 2019Appointment 6 June 2019 Promoted CEOAt KSL Resorts in La Quinta – CA, USA View James Struthers’s LinkedIn Profile James Struthers, CFO of KSL Resorts,...

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