Hooters will expand globally with Colliers International

Atlanta - Hooters of America LLC has finalized an agreement with global commercial real estate services firm Colliers International to have the firm advise Hooters on real estate needs and provide strategic counsel as the brand expands domestically and internationally. Colliers International’s Bob Browning, VP for retail services, and Robert Hantgan, senior VP, are managing the exclusive assignment.



Hooters is investing a significant amount of time and capital into remodeling its existing U.S. locations with a new, contemporary comfort design concept. During the past 21 months, the company has remodeled nearly 60 corporate-owned restaurants with plans to continue at a rate of more than 25 remodels per year. The new concept rollout is coupled with Hooters’ plans for strategic growth worldwide.



“Hooters is ramping up the development of new corporate-owned and franchise-operated units domestically and abroad,” said Mark Whittle, senior VP, global development, Hooters of America. “We are implementing an aggressive growth plan with the intent to open 150 new locations around the world in the next five years. Partnering with a leading commercial real estate company like Colliers International was a strategic move for Hooters. We tremendously value Colliers’ global reach and expertise, balanced with the ability to act nimbly in local markets.”



In 2014, the brand opened 10 new international locations and signed a development agreement to open 30 Hooters locations across Southeast Asia over the next six years, including the largest international location slated to open in Pattaya, Thailand, later this year. Domestically in 2015, Hooters announced the world’s largest Hooters is coming to the Palms Casino Resort in Las Vegas, and opened new locations in Douglasville, Georgia, and Morehead City, North Carolina.



High priority domestic markets include Cleveland, Ohio, Pittsburgh, Pennsylvania, and Syracuse, New York.