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Your complete design, construction and facility operations information source for major commercial construction.

Current Issue

Riley Hotel Group president Joseph Moffa goes inside how the company is building and sustaining partnerships in the hospitality market’s recent revolution. Read its story and much more in our March/April issue.

Today in the news

Equinox announces plans for fitness-focused hotel brand
posted on May 04 15

Equinox Holdings plans to open the first of 75 fitness-focused hotel brand in 2018 at the Hudson Yards development in New York. The property will feature a 60,000-square-foot gym. Read The Wall Street Journal story here

Posted by: Mike Pallerino
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Swiss Chalet parent looks to fast-casual for faster growth
posted on May 04 15

Canadian restaurant operator Cara Operations isn’t giving up on its full-service brands, even as it looks to speed growth with fast-casual. The 125-year-old parent of established brands Harvey’s and Swiss Chalet went public earlier this month, with 837 restaurants and a goal to get into the fast-casual space as part of its mission to hit $2.5 billion to $3 billion in sales by 2020. Read the Financial Post story here

Posted by: Mike Pallerino
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Yum to give KFC franchisees a cash infusion
posted on May 01 15

Yum Brands will spend $185 million over the next three years to help KFC franchisees in the U.S. remodel, upgrade kitchens and advertise, as part of a deal that gives the parent company control over domestic marketing. The brand has rebounded in the U.S. after several years of slower sales, booking a 7 percent same-store sales rise in the first quarter. Read the Nation’s Restaurant News story here

Posted by: Mike Pallerino
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STR: Lodging metrics are now at an all-time high
posted on May 01 15

The 12-month moving average of hotel occupancy was 64.9 percent in the first quarter, matching the peak reached in 1995 and joining the rest of the lodging industry’s key metrics in achieving record highs. STR reports. Hotels also sold 12 million more rooms in March than they did eight years ago as average daily rate posted its second consecutive increase over the previous month. Read HotelNewsNow.com story here

Posted by: Mike Pallerino
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Lunds, Byerly’s combine to form new banner
posted on Apr 30 15

Lund Food Holdings will combine its Lunds and Byerly’s banners into one brand on Thursday, unveiling a re-bannered Lunds & Byerlys store in Minnesota. The unified logo will be added to all 27 stores in the Twin Cities market by the end of next month. Read the Progressive Grocer story here

Posted by: Mike Pallerino
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