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Tribute Portfolio Sees Impressive First Year, Doubling Growth Projections And Reaching 20 Hotels Globally

Hotel Interactive - Thu, 2016-04-28 06:44
STAMFORD, CT--Tribute Portfolio, a collection of independent hotels and resorts from Starwood Hotels & Resorts Worldwide, Inc., today announced three new ...

VW eyes new partners; not talking with Google, Apple

AutoNews - Thu, 2016-04-28 05:47
VW will open itself up to more partnerships and strategic investments to help generate a "substantial proportion" of its revenue from new business models, CEO Matthias Mueller said.
Categories: Latest News

Wyndham Hotel Group Continues Impressive Growth Across Middle East And Africa

Hotel Interactive - Thu, 2016-04-28 05:31
DUBAI, UAE-–At this week’s Arabian Hotel Investment Conference, Wyndham Hotel Group announced three new development deals which are bringing globally recognised ...

Pebblebrook Hotel Trust Reports First Quarter 2016 Results

Hotel Interactive - Thu, 2016-04-28 05:26
BETHESDA, MD--Pebblebrook Hotel Trust (the “Company”) today reported results for the first quarter ended March 31, 2016. The Company’s results include ...

AutoNews Now: FCA, Google in talks?

AutoNews - Thu, 2016-04-28 01:01
FCA reportedly near deal with Google; FCA's Chinese partner seeks way into U.S.; April U.S. sales rise expected; Ford working on 200-mile EV; Autonomous-car tech going bust with boomers.
Categories: Latest News

First Shift: Ford posts record Q1 profit

AutoNews - Thu, 2016-04-28 01:01
F-150 helps push Ford to record Q1 profit; Fields: 'Absolutely terrific start'; Mitsubishi: No test-data problems in newer U.S. models; VW's growth outlook; JLR phone-finder app; Hyundai NFL promo.
Categories: Latest News

New Smashburger CEO wants to take brand into new era

Nation's Restaurant News - Wed, 2016-04-27 18:47
Michael Nolan promises to take 365-unit chain to next level of growth Michael Nolan speaks with Nation's Restaurant News on growth, branding and building talent

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Lower costs, higher sales drive Cheesecake Factory 1Q

Nation's Restaurant News - Wed, 2016-04-27 18:20
Same-store sales increase 1.7 percent for the quarter The Cheesecake Factory Inc. reported Wednesday that first-quarter profit rose more than 19 percent.

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Chipotle Sales Hit Hard in First Quarter

QSR Magazine - Wed, 2016-04-27 17:36
Image Caption: Image Credit: Company posts 29.7 percent decrease in comp sales.Exclusive Brief: 0

Chipotle Mexican Grill reported financial results for its first quarter ended March 31, including comparable restaurant sales that decreased 29.7 percent over the first quarter of 2015.

The chain’s first-ever quarterly loss comes after norovirus and E. coli outbreaks hit several stores across the country and significantly affected customer traffic.

Chains: Chipotle

April U.S. sales expected to rise 4% with SAAR of 17.4-17.6 million

AutoNews - Wed, 2016-04-27 16:55
U.S. new-vehicle sales in April are projected to rise about 4 percent from a year ago, according to four forecasts, easing concerns that the market is weakening.
Categories: Latest News

Chipotle considers adding chorizo to the menu

Nation's Restaurant News - Wed, 2016-04-27 16:54
Addition is part of overall plan to bring customers back Addition is part of overall plan to bring customers back

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Arby's Same-Store Sales Jump 5.8 Percent in Q1

QSR Magazine - Wed, 2016-04-27 16:42
Image Caption: Image Credit: Arby's growth continues with 5.8 percent increase in same-store sales.Exclusive Brief: 0

Arby’s, the Fast Crafted restaurant brand with more than 3,300 restaurants worldwide, announced U.S. system same-store sales (SSS) growth of 5.8 percent in the first quarter of 2016. Including Leap Day, Arby’s U.S. System SSS growth was 6.6 percent during the first quarter of 2016. Arby’s SSS growth more than doubled a representative sample of the larger quick-service chains, representing 22 consecutive quarters of SSS growth and 13 consecutive quarters of industry outperformance. 

Chains: Arby's

Sharky's Celebrates 'Fiesta de Mayo' All Month

QSR Magazine - Wed, 2016-04-27 16:33
Image Caption: Image Credit: Sharky's celebrates 'Fiesta de Mayo' all month-long.Exclusive Brief: 0

With Cinco de Mayo, Mother’s Day, Memorial Day, graduations, weddings, and more in May, Sharky’s Woodfired Mexican Grill helps guests celebrate all month long with “Fiesta de Mayo,” featuring special menu promotions and the chance for one lucky guest to win a catered party for 20.

Chains: Sharky's Woodfired Mexican Grill

Krispy Kreme Gets Heroic with Comic-Inspired Box

QSR Magazine - Wed, 2016-04-27 16:15
Image Caption: Image Credit: Krispy Kreme celebrates Superhero Day with comic-inspired box.Exclusive Brief: 0

Breaking this week, special packaging and mobile/online advertising promote “Superhero Day,” April 28, when customers at participating Krispy Kreme, Winston-Salem, North Carolina, stores (in 43 states, plus D.C.) will get a second one-dozen box of Original Glazed doughnuts, free with first dozen purchased. The work is by advertising agency Baldwin& in Raleigh, North Carolina.

Chains: Krispy Kreme

Pizza Hut Now Shows 'Visible Promise Time' on Orders

QSR Magazine - Wed, 2016-04-27 15:47
Image Caption: Image Credit: Pizza Hut now shows 'Visible Promise Time' on digital orders. Exclusive Brief: 0

Pizza Hut says so long to the void of unknown wait and hello to an innovation that allows customers to see when their pizza, wings, pasta, or dessert will be ready—before the order is even placed.

Chains: Pizza Hut

Paris Baguette Opens First U.S. Franchise Location

QSR Magazine - Wed, 2016-04-27 15:36
Image Caption: Image Credit: Paris Baguette opens its first U.S. franchise location in San Jose.Exclusive Brief: 0

Paris Baguette, the global premier baking franchise featuring high-quality baked goods, savory eats, and beverages, opened at 1698 Hostetter Road, boosting the local economy by creating more than 30 new jobs. In celebration, a grand opening event will be held on Friday, April 29 beginning at 11 a.m. 

The San Jose, California, location will be owned and operated by local resident, Joshua Kim, who is Paris Baguette’s first franchisee since the company began franchising in August 2015. Kim has additional plans for two more locations in the San Jose market, as well.

Chains: Paris Baguette

Burger Chains Put a New Twist on Combo Meals

QSR Magazine - Wed, 2016-04-27 15:29
Image Caption: Image Credit: Burger Chains put a new twist on meal combos, NPD Group finds.Exclusive Brief: 0

After spending time focused on weaning consumers off of the steep dealing used to drive visits during the recession, the major quick-service hamburger chains are back to their roots of offering combo meal deals and consumers are responding, finds the NPD Group, a leading global information company. After several years of declines combo meal visits rose by 1 percent at quick service hamburger restaurants in the year ending February 2016 compared to the same period a year ago, and entire increase was driven by combo meal deals.

MOD Pizza appoints IPO veteran Bob Barton as CFO

Nation's Restaurant News - Wed, 2016-04-27 14:57
Barton will help set the financial stage for aggressive growth Barton will help set the financial stage for aggressive growth

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Panera to close standalone Paradise units

Nation's Restaurant News - Wed, 2016-04-27 14:40
Operator also invests in food safety, ingredient quality Operator also invests in food safety, ingredient quality

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Panera to close standalone Paradise units

Nation's Restaurant News - Wed, 2016-04-27 14:40
Operator also invests in food safety, ingredient quality Operator also invests in food safety, ingredient quality

read more