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Bob Cocchi, VP of Design Development and Construction, takes us inside the unique relationships Travel Traders has with its hospitality partners.

Today in the news

Uniqlo sets its sights on U.S. growth
posted on May 27 16

Uniqlo parent Fast Retailing will focus on raising its profile in the United States as it works to revive sales. The Japan-based fast-fashion retailer has said it plans to grow to 100 U.S. stores. Read the Reuters story here

Posted by: Mike Pallerino
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Starwood’s Le Meridien plans $300M in expansion, makeovers
posted on May 27 16

Le Meridien Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, expects to spend at least $300 million on new and renovated properties, adding more than 30 new hotels to its current 100. The lifestyle brand will continue to emphasize North America and Asia Pacific. Read the TravelPulse story here

Posted by: Mike Pallerino
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Arby’s maps a growth plan at home and abroad
posted on May 26 16

Arby’s Restaurant Group will open 25 units in Saudi Arabia and Kuwait in the coming years, in partnership with Johnny Rockets‘ franchisee Kharafi Global, and the chain is also eyeing opportunities in Asia and Latin America. The chain’s main growth focus is on the United States, where it sees the potential to nearly double in size to 6,000 restaurants. Read the Bloomberg story here

Posted by: Mike Pallerino
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Lowe’s Canada aims to conquer the country’s DIY market
posted on May 26 16

Lowe’s Canada added 496 stores to its 43 with it recent $3.2 billion acquisition of Rona, and chain aims to surpass Home Depot Canada to become the country’s biggest home improvement retailer. The company is also focusing on gaining greater name recognition than Home Hardware, which comes in third in sales but first in brand awareness, according to industry experts. Read The Globe and Mail story here

Posted by: Mike Pallerino
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Radisson Red plans entry into Middle East market
posted on May 26 16

Radisson Red plans to enter the Middle East with properties opening in 2018. Read the HotelierMiddleEast.com story here

Posted by: Mike Pallerino
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