Following the recent launch of Hilton’s Travel with Purpose 2030 goals to double its investment in social impact and cut its environmental footprint in half, the hotel giant announced an initial investment of $1 million to drive sustainable travel and tourism in Africa.
Franchise Freeway News
The good-looking crew pictured nearby are the folks from FAT Brands, winners of last year’s Deal of the Year award in the Franchise Times Dealmakers project, which recognizes excellence in mergers and acquisitions in the franchising space. Nominations open today.
The National Restaurant Association will no longer manage or own its annual convention, commonly called the Restaurant Show.
Club Pilates led all performers in the $5.9 billion fitness segment with its impressive percentage sales growth, as reported in the Franchise Times Top 200+, our exclusive ranking of the 500 largest franchises.
Oxxo Care Cleaners rolled out a new business conversion initiative to convince competing dry cleaners to join the Oxxo family, which is known for its eco-friendly cleaning process.
A former Papa John’s executive is staying in the pizza game, buying 13 Mr. Gatti’s locations in the Austin, Texas, market. The sale of company restaurants comes as Mr. Gatti’s continues its refranchising program while also working to attract new franchisees to the system.
Inspire Brands added another legacy brand to its multi-brand stable.
Sometimes the good guys and gals finish first, and such is the case for Stella Sigana, founder of Alternative Waste Technologies and winner of the 2018 NextGen competition in the social franchise category.
When Heather Elrod joined Amazing Lash Studio two-and-a-half years ago, charged with building the semi-permanent eyelash extension franchise and creating an exit for the founders, the Scottsdale, Arizona-based brand had 75 units open. Now, it has 200 open, and Elrod’s concerted work since last November has attracted a new buyer, WellBiz Brands backed by KSL Capital.
Three years ago, Menchie’s frozen yogurt CEO Amit Kleinberger gambled against conventional wisdom and started selling franchises for a new pizza concept before opening a single company store. He lost the bet and filed for Chapter 11 bankruptcy on Septe…