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Hospitality

  • GBT Realty acquires East Cobb County parcel

    Atlanta -- GBT Realty Corporation acquired a 1.7-acre site in East Cobb County, Atlanta, at the intersection of Roswell Road and East Cobb Drive near Johnson Ferry Road. Currently the site of a 10,240-sq.-ft. building occupied by Chuck E. Cheese’s, the firm plans to redevelop the parcel with demolition slated this spring.  

    GBT acquired the site from Empress Theatres for $1.65 million. No additional terms were disclosed.

  • Taubman’s Mall of San Juan opens in Puerto Rico

    San Juan -- The Mall of San Juan, the first upscale shopping center in Puerto Rico, officially opened its doors on March 26. The 650,000-sq.-ft. shopping center, developed through a partnership between Taubman and New Century Development, has a retail line-up includes the Caribbean's only Nordstrom and Saks Fifth Avenue. Sixty percent of the tenants are unique to the market.

  • Thor Equities acquires property on Avenue Des Champs-Elysees

    New York -- Thor Equities has signed a contract to acquire a prime retail and office property at 102 Avenue des Champs-Elysees in Paris. “102 Avenue des Champs-Elysees is at the center of one of the most desirable locations in the world, just blocks from the Arc de Triomphe and Place Charles de Gaulle,” said Joseph Sitt, CEO of Thor Equities.  “We continue to believe strongly in the Paris retail market, in particular prime shopping and tourist destinations such as the Champs-Elysees and Boulevard Haussmann.”
     

  • Industry vet Tony Mancini named CEO of Global Visual Group

    New York -- Global Visual Group (GVG) has appointed 30-year retailing veteran Tony Mancini as CEO. Mancini has held significant senior executive leadership positions, including  Las Vegas Sands Corp., MGM Mirage Design Group and Walt Disney Parks & Resorts/Walt Disney Imagineering, leading its global capital development portfolios worldwide.
       

  • Dunkin’ Brands promotes CIO to CISO

    Canton, Mass. - Jack Clare, 44, has been promoted to the newly created position of chief information and strategy officer (CISO) of Dunkin’ Brands. Clare, who has served as the company's CIO for the past three years, will be a member of the Dunkin' Brands leadership team and will continue to report to Paul Carbone, CFO.

    Clare will continue to oversee Dunkin' Brands' global information technology resources, and additionally, will now focus on developing the strategies that will drive the company's future success.

  • OpenTable launches Android mobile payment

    San Francisco - OpenTable, a provider of online restaurant reservations and part of The Priceline Group is making its Pay with OpenTable mobile payments feature available for Android. To pay with OpenTable, diners who book at participating restaurants add a credit card in the OpenTable Android app before they dine and can then view and pay their check with a few taps.  

  • The Melting Pot goes global with Indonesia location

    Tampa, Fla. – The Melting Pot Restaurants Inc. has opened its first restaurant outside of North America in Jakarta, Indonesia. The latest opening comes on the heels of the company announcing its plans for continued international expansion.

    The Melting Pot is on track to open its first restaurants in Dubai, United Arab Emirates and Riyadh, Saudi Arabia later in 2015, as well as its fourth location in Mexico City, Mexico.

  • Starbucks detail environmental progress in 2014

    Seattle – Starbucks Corp. tackled a wide range of global responsibility projects in 2014, including the ongoing minimization of its environment footprint. In its annual 2014 Global Responsibility Report, the coffee giant noted that it opened its 500th LEED-certified store in 2014, and that 98% of company-operated new stores opened in the United States in 2014 were built to LEED standards. Globally, the percentage stands at 64%.

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