February 06, 2012
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Your Travel Franchise Mergers & Acquisition News SourceFranchise News Watch brings you the latest in travel franchising mergers & acquisition news from around the web. As a news aggregator for the travel franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Travel Franchise Mergers & Acquisition NewsChoice Hotels International Announces New Board Director John TagueChoice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, today announced the appointment of John Tague, CEO for Greatwide Logistics Services of Dallas, to its Board of Directors. Starwood Hotels & Resorts to Acquire Stakein German-Based Design Hotels AGStarwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that it has signed an agreement to acquire 49.8% of the shares of Design Hotels AG from Arabella Hospitality SE, one of Starwood's longtime partners in Germany. Red Lion Hotels Acquires 10 Previously Leased HotelsRed Lion Hotels Corporation (NYSE: RLH) announced today that as part of a global agreement among Red Lion, iStar Financial Inc. and Hilton Hotels, Red Lion paid $37 million to purchase 10 hotels formerly leased from a subsidiary of iStar. IHG Signs Multi-Brand, Multi-Location Hotel Deal with Shimao GroupExtending its leadership position in China, IHG (InterContinental Hotels Group) signed a deal with Shimao Group, to open six new hotels under three brands in four cities by 2013. Group RCI Signs Whiterocks Resort in Cyprus as First European Affiliate to its Rental and Exchange ProgramGroup RCI, a global leader in leisure real estate and one of the Wyndham Worldwide family of companies (NYSE: WYN), today announced that it signed its first European affiliate to its unique Rental and Exchange (R&E) Program – a pioneering produc BHRC.co.uk Welcomes InterContinental Hotels OnboardBHRC has announced a collaboration with InterContinental Hotels Group (IHG) on the BHRC London Hotel reservation site (http://www.bhrc.co.uk) with immediate effect. IHG hotels are now available for online booking and instant confirmation on BHRC's... Whitbread PLC to acquire 21 Express by Holiday Inn hotels from Mitchells & Butlers plc in exchange for 44 Whitbread Pub RestaurantsWhitbread PLC ("Whitbread") today announces that it has agreed to acquire 21 hotels (1245 rooms), currently operating as Express by Holiday Inn hotels from Mitchells & Butlers plc ("MAB"), in exchange for 44 Whitbread pub restaurants. Wyndham Worldwide Completes Purchase of U.S. Franchise SystemsWyndham Worldwide Corporation (NYSE: WYN) today announced it has completed the acquisition of U.S. Franchise Systems, Inc. and its Microtel Inns & Suites(R) and Hawthorn Suites(R) hotel brands from a subsidiary of Global Hyatt Corporation for a... Rose Hall Resort & Spa Joins Hilton Hotels & ResortsFollowing an extensive $40 million renovation, the Rose Hall Resort & Spa, A Hilton Resort, emerges today as the newest member of the Hilton Hotels & Resorts portfolio. Wyndham Worldwide to Acquire Microtel and Hawthorn Suites BrandsWyndham Worldwide Corporation (NYSE: WYN) today announced it will acquire US Franchise Systems Inc. and its Microtel Inns & Suites and Hawthorn Suites hotel brands, together totaling more than 29,000 rooms, from a subsidiary of Global Hyatt Corporatio Red Lion Hotels Completes Denver Hotel AcquisitionRed Lion Hotels Corporation (NYSE: RLH) today announced that it has completed its acquisition of the 478-room Radisson Hotel Denver Southeast for $25.3 million. The hotel has been re-named the Red Lion Hotel Denver Southeast. Red Lion Hotels to Acquire 478-Room Hotel in Denver, ColoradoRed Lion Hotels Corporation (NYSE: RLH) today announced that it has entered into an agreement to acquire the fee simple interest in the 478-room Radisson Hotel Denver Southeast for $25.3 million. Hilton Stockholders Approve Acquisition by Blackstone Investment FundsHilton Hotels Corporation (NYSE:HLT) ("Hilton") announced that at a special meeting held today, its stockholders approved the merger agreement with investment funds affiliated with The Blackstone Group L.P. "Budgetel" Brand Acquired, Set For Rapid ExpansionOne of the hospitality industry's most familiar brand names in the upper economy segment – Budgetel – has been acquired by an Atlanta-based investor group which is headed by veteran hoteliers Mukesh "Mike" Patel and R.C. Patel. |
Features & Special ReportsCreating a Cost-Effective Lead Generation StrategyFor many franchisors, the traditional advertising vehicles - portals, print advertising, PR, and broker networks - do not appear to be working as effectively as they were five years ago. New Highlights from the 2012 AFDRIn the previous two issues of FUSR, we published (1) a high-level overview of the 2012 Annual Franchise Development Report (AFDR), followed by (2) a selection of highlights from the report. Finding Your Optimal Buyer: Sellers Must Learn To Look Beyond PriceWhen sellers are contemplating a decision regarding the sale of their business, they overwhelmingly select the bidder with the highest price, only to find afterward that this might not have been the best decision for their circumstances. The Four Steps to Lead Generation Success, Part 4: Wow 'Em!This fourth installment builds on those ideas, showing how you can "wow" your candidates and the importance of how you present your concept to them. The Winner's Column - February 2012As savvy franchise companies continue to flourish in a volatile economy, FUSR continues to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, innovating, and continuing to grow, whether domestically or overseas. Jim Collins to Keynote 2012 Multi-Unit Franchising ConferenceMulti-Unit Franchisee Magazine announced today that Jim Collins, business expert and best-selling author, will deliver the opening keynote address at the 2012 Multi-Unit Franchising Conference (MUFC). Growing Up Franchising: Sam Covelli Develops Both His Brands And EmployeesSam Covelli says he grew up in the restaurant business working in his father's McDonald's. Under his father's leadership, Covelli Enterprises eventually grew to 26 locations, one of the largest McDonald's franchisees in the country. Members Only: Ray Harrigill Builds A Successful Membership-Based Business ModelRay Harrigill believes in diversification. His Sunray Companies has restaurants (Bumpers Drive-In), tanning salons (Palm Beach Tan), fitness centers (Koko FitClub), and hotel properties (Hampton Inn), to name a few. That's because of lessons he's learned along the way. Creating Jobs: Zane Tankel Is Taking Matters Into His Own HandsZane Tankel is not waiting on any government job programs to help his business. CMO Roundtable - Using Profiling to Retain More CustomersWhat are some fresh, innovative ways you are using profiling, targeting,<br /> and loyalty programs to acquire and retain more customers? 
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