Archive for the ‘Restaurants’ Category

Hotel Equities and 34th Floor Hospitality Join Forces to Spice Up the Culinary Scene

Hotel Equities and 34th Floor Hospitality
Hotel Equities and 34th Floor Hospitality Join Forces

CARIBPR WIRE, ATLANTA, Sept. 04, 2024: Leading hotel owner, operator and developer, Hotel Equities (HE), and innovative food and beverage pioneer, 34th Floor Hospitality, are teaming up to infuse hotel stays with unforgettable flavors and experiences. The collaboration will revolutionize the culinary journey for guests across HE’s portfolio with immediate integrations at new-build properties in the Caribbean and Latin America.

34th Floor Hospitality’s innovative team brings a blend of creativity, market savvy, and owner-centric operations to the table. Together with HE’s best-in-class operators and corporate food and beverage teams, the partnership aims to elevate dining experiences by leveraging 34th Floor’s track record of inventive concept design and brand development, tailoring F&B offerings to the unique demands of its markets and guest preferences.

Hotel Equities and 34th Floor Hospitality

“We are excited to embark on this partnership with 34th Floor Hospitality,” said Al Smith, President of Hotel Operations for HE. “Their team’s zest for culinary innovation will enhance our lifestyle and F&B operations, aligning perfectly with our commitment to providing unmatched service and value.”

34th Floor Hospitality is known for its entrepreneurial approach to consulting, project development and complete third-party management of hospitality projects, working on large-scale projects in various global markets. Olivier Zardoni, CEO and Founder of 34th Floor Hospitality, said, “Partnering with Hotel Equities allows us to share our passion with an even broader audience across their diverse portfolio of hotels. The collaboration fuels our excitement to deliver enhanced value and experiences to their stakeholders.”

The initial phase of this collaboration kicks-off by integrating 34th Floor Hospitality’s F&B strategies into select HE properties in North America and its expanding footprint in the CALA region.

Joe Reardon, Chief Development Officer for HE, emphasized the broader outcomes, adding, “Collaborating with 34th Floor Hospitality enhances our competitive edge in new markets, as well as markets we’re well-established in. It’s key to establishing Hotel Equities as the preferred operator driving innovation in hospitality, and food and beverage experiences.”

About Hotel Equities

Hotel Equities (HE) is an award-winning full-service hotel management, development and ownership firm with a portfolio of approximately 300 hotels and resorts throughout the United States, Canada, the Caribbean, and Latin America. Fred Cerrone, CHA, serves as Founder and Chairman; Brad Rahinsky serves as President and CEO. For more information on Hotel Equities, visit hotelequities.com

About 34th Floor Hospitality

Founded in 2014, 34th Floor Hospitality is a full-service food and beverage consulting and management firm. From concept design and development, financial underwriting, training, and openings to daily oversight and operational management, its team of experts strategically and tactically lead numerous projects for clients worldwide, including leading brands like TopGolf, Pebblebrook Hotel Trust, MGM International. MSC Cruises and Hilton Worldwide. With over 100 combined years of experience working for the most highly regarded hotels, chefs, restaurant companies, and entertainment venues, 34th Floor brings a unique breadth of experience to create innovative and entrepreneurial solutions for any hospitality asset.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/609143d3-ede3-4f46-a24a-8304c72903ba


Hotel Equities y 34th Floor Hospitality unen fuerzas para darle sabor al escenario culinario

CARIBPR WIRE, ATLANTA, Sept. 04, 2024: El propietario, operador y desarrollador hotelero líder, Hotel Equities (HE), y el pionero en alimentos y bebidas innovadoras, 34th Floor Hospitality, unen fuerzas para infundir estadías hoteleras con sabores y experiencias inolvidables. La colaboración revolucionará la trayectoria culinaria para los huéspedes en toda la cartera de HE con integraciones inmediatas en propiedades de nueva construcción en el Caribe y América Latina.

El equipo innovador de 34th Floor Hospitality ofrece una combinación de creatividad, conocimiento del mercado y operaciones centradas en el propietario. Conjuntamente con los mejores operadores de HE y equipos corporativos de alimentos y bebidas, la asociación tiene como objetivo elevar las experiencias gastronómicas aprovechando la trayectoria de diseño de concepto inventivo y desarrollo de marca de 34th Floor, adaptando las ofertas de alimentos y bebidas a las demandas únicas de sus mercados y preferencias de los huéspedes.

“Estamos muy contentos de embarcarnos en esta asociación con 34th Floor Hospitality”, dijo Al Smith, presidente de operaciones hoteleras de HE. “El entusiasmo de su equipo por la innovación culinaria mejorará nuestro estilo de vida y las operaciones de alimentos y bebidas, alineándose perfectamente con nuestro compromiso de ofrecer servicios y valor inigualables”.

34th Floor Hospitality es conocida por su enfoque empresarial de consultoría, desarrollo de proyectos y gestión completa de proyectos de hospitalidad por parte de terceros, trabajando en proyectos a gran escala en varios mercados globales. Olivier Zardoni, director ejecutivo y fundador de 34th Floor Hospitality, dijo: “La asociación con Hotel Equities nos permite compartir nuestra pasión con una audiencia aún más amplia en su diversa cartera hotelera. La colaboración impulsa nuestro entusiasmo por ofrecer valor y experiencias mejoradas a sus partes interesadas”.

La fase inicial de esta colaboración inicia con la integración de estrategias de alimentos y bebidas de 34th Floor Hospitality en propiedades selectas de HE en Norteamérica y su presencia en expansión en la región de CALA.

Joe Reardon, director de desarrollo de HE, enfatizó los resultados más amplios y agregó: “Colaborar con 34th Floor Hospitality mejora nuestra ventaja competitiva en nuevos mercados, así como en los mercados en los que estamos bien establecidos. Es un factor clave para establecer a Hotel Equities como el operador preferido que impulsa la innovación en hospitalidad y experiencias de alimentos y bebidas”.

Acerca de Hotel Equities

Hotel Equities (HE) es una firma galardonada de servicio completo de administración, desarrollo y propiedad de hoteles con una cartera de aproximadamente 300 hoteles y resorts en Estados Unidos, Canadá, el Caribe y América Latina. Fred Cerrone, CHA, es su fundador y presidente del directorio; Brad Rahinsky ejerce como presidente y director ejecutivo. Para más información acerca de Hotel Equities, visite hotelequities.com

Acerca de 34th Floor Hospitality

Fundada en 2014, 34th Floor Hospitality es una empresa de servicio completo de consultoría y gestión de alimentos y bebidas. Desde diseño y desarrollo de conceptos, suscripción financiera, capacitación y aperturas a supervisión diaria y gestión operativa, su equipo de expertos lidera estratégica y tácticamente numerosos proyectos para clientes de todo el mundo, incluidas marcas líderes como TopGolf, Pebblebrook Hotel Trust y MGM International. MSC Cruceros y Hilton Worldwide. Con más de 100 años de experiencia combinada trabajando para los hoteles, chefs, empresas de restaurantes y establecimientos de entretenimiento más prestigiosos, 34th Floor aporta una experiencia única para crear soluciones innovadoras y empresariales para cualquier activo de hospitalidad.

Una foto asociada con este comunicado de prensa está disponible en, https://www.globenewswire.com/NewsRoom/AttachmentNg/609143d3-ede3-4f46-a24a-8304c72903ba


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4 Sep 2024

by caribpr

Restaurants

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CHUCK E. CHEESE OPENS FIRST LOCATION IN SURINAME

Suriname location is brand’s first sub-franchised fun center

DALLAS, Sept. 27, 2022 /PRNewswire-HISPANIC PR WIRE/ — Chuck E. Cheese, the world’s #1 family entertainment restaurant brand has opened its doors in Suriname, their first location in the market.

Ribbon cutting for the first Chuck E. Cheese location in Suriname.

The newly operational fun center marks the first sub-franchised location in their already robust international franchise network.

“We are incredibly excited to have officially brought the Chuck E. Cheese brand and the inevitable family memories that come with it to the Suriname market,” says David McKillips, President and CEO of CEC Entertainment. “Our Master Franchisee and operator has done a fantastic job in localizing the concept and offering a unique experience for our newly welcomed guests in the area.” He continued, “Given the geographical separation of the Caribbean market, the Master Franchise agreement gives existing strong Franchise partners the autonomy to develop neighboring, smaller and yet culturally similar markets.”

“We are extremely proud to be the first Master Franchisee within the CEC Entertainment network,” said Joanna Rostant, Founder and Director of Yay Entertainment Limited, franchise holder for Trinidad and Tobago and Master Franchisee for Suriname, and Guyana. “We have taken our learnings of operating in Trinidad and Tobago for over eight years to our Caribbean neighbors, which allows us to export goods, services, and human expertise.”

Yay Entertainment Limited has teamed up with Blue Falcon NV (Suriname), to operate this concept for the Surinamese market. Sasja Lie Pauw Sam, CEO and owner of Blue Falcon, and his team is thrilled to start this venture into the entertainment and restaurant business. Based on vast experience in managing and operating retail & franchising concepts, he welcomes this new challenge for the Surinamese market. Blue Falcon will offer employment to about 75, all locally hired, and sustainable business opportunities to local vendors and suppliers, as supported by the franchise. “I see enormous potential for our market, as this combination of entertainment and food and its unparalleled execution, will serve well, as there is a gap in high quality offerings for families and kids.”

The new location is the first of its kind, offering over 11,000 sqft of family entertainment, including an interactive dance floor, two private party rooms and teen room, and the first Virtual Reality (VR) game in the region. The continued expansion of the brand outside of the U.S. is part of its commitment to reach 100 global locations by 2023. Chuck E. Cheese is continuing to pursue expansion through master franchising efforts across the globe and has several available markets open for international development across Asia, South America, and Europe.

For franchising interests or to learn more about how to bring the joy of Chuck E. Cheese to kids & families in more markets, please visit the all-new international franchising website (here). It is the central hub to discover all of the latest news and exciting growth plans.

About CEC Entertainment, Inc.

CEC Entertainment is the nationally recognized leader in family entertainment and dining with its Chuck E. Cheese, Peter Piper Pizza and, delivery only, Pasqually’s Pizza & Wings brands. As the place where a million happy birthdays are celebrated every year, Chuck E. Cheese’s goal is to create positive, lifelong memories for families through entertainment, food and play. Committed to providing a fun, safe environment, Chuck E. Cheese helps protect families through industry-leading programs such as Kid Check®. As a strong advocate for its local communities, Chuck E. Cheese has donated more than $19 million to schools through its fundraising programs. The Company and its franchisees operate a system of nearly 600 Chuck E. Cheese and 120 Peter Piper Pizza venues, with locations in 47 states and 18 foreign countries and territories. For more information, visit our website or connect with us on social media.

Chuck E. Cheese Logo

Photo - https://mma.prnewswire.com/media/1908788/Suriname_ribbon_cutting.jpg
Logo - https://mma.prnewswire.com/media/1513827/Chuck_E_Cheese_Logo_Logo.jpg

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27 Sep 2022

by caribpr

Restaurants

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Chuck E. Cheese Signs New Development Agreements In Qatar, Suriname And Guyana

Three new countries will soon experience the world’s number one family entertainment restaurant brand, Chuck E. Cheese, adding to an already rapid expansion story for Chuck E. Cheese internationally

DALLAS, Dec. 6, 2021 /PRNewswire-HISPANIC PR WIRE/ – Chuck E. Cheese, the global family entertainment brand, continues to drive international expansion and has successfully signed development agreements in three new countries across South America and in the Middle East. This adds to the rapid ongoing international expansion of the brand already announced in new regions like Egypt, Morocco, Romania and Kuwait, and sets Chuck E. Cheese on track to have over 100 international locations by 2022.

Chuck E. Cheese

“Investors and entrepreneurs continue to recognize Chuck E. Cheese as a high ROI opportunity within their local markets,” says Arun Barnes, COO & SVP of international development for CEC Entertainment. “With a unique business model that is unmatched in the Family Entertainment Center (FEC) landscape, we are the brand that can have an immediate impact in almost any country around the globe, while providing a reliable cash flow for franchise partners who have a passion for family entertainment.”

One of the most effective avenues of growth is through existing franchisees who see success in their own regions, such as franchise partner Joanna Rostant of Yay! Entertainment in Trinidad & Tobago who has signed to expand the brand through sub franchising into Guyana and Suriname. The first site at Suriname is under construction and scheduled to open in the first half of 2022.

Joanna Rostant stated, “We are thrilled to partner through a sub franchise arrangement with Sasja Lie Pauw Sam and his team at Blue Falcon N.V. to bring the joy of Chuck E. Cheese to families in Suriname. We note with confidence Suriname’s recent discovery of substantial volumes of hydrocarbons, and in keeping with the recent IMF forecasts, believe that Suriname will experience strong positive economic growth in the next couple of years. For these and other socio-economic reasons, we believe that the world’s leading family entertainment brand will be thoroughly enjoyed by children and families in Suriname.”

“It makes sense for Caribbean markets, and we are thrilled that Joanna’s strong operating model has positioned her company well to achieve and lead this exciting expansion. We look forward to her success in Suriname, and later in Guyana,” added Arun Barnes.

In addition to the Caribbean, Chuck E. Cheese has also partnered with new franchise partners, Benchmark Hospitality Services, to expand new locations across Qatar throughout the next few years.

“Working with the CEC International team is a pleasure,” said Yanni Jouaneh, franchise owner and CEO of Benchmark Hospitality Services. “They have great systems and processes to support international franchising, and our business feasibility survey of the brand showcased a unique opportunity to bring in a highly profitable brand into Qatar’s exciting market landscape. There is no other brand that offers a great mix of games, food, entertainment and birthday parties. Qatari families with kids will soon experience the joy of Chuck E. Cheese nearer to their home.”

For franchising interests or to learn more about how to bring the joy and profits of Chuck E. Cheese to your market, please visit the all-new international franchising website where you can discover all of the latest news and exciting expansion plans.

About CEC Entertainment, Inc.

CEC Entertainment is the nationally recognized leader in family entertainment and dining with its Chuck E. Cheese, Peter Piper Pizza and, delivery only, Pasqually’s Pizza & Wings brands. As the place where a million happy birthdays are celebrated every year, Chuck E. Cheese’s goal is to create positive, lifelong memories for families through entertainment, food and play. Committed to providing a fun, safe environment, Chuck E. Cheese helps protect families through industry-leading programs such as Kid Check®. As a strong advocate for its local communities, Chuck E. Cheese has donated more than $19 million to schools through its fundraising programs. The Company and its franchisees operate a system of nearly 600 Chuck E. Cheese and 120 Peter Piper Pizza venues, with locations in 47 states and 17 foreign countries and territories. For more information, visit our website or connect with us on social media.

Logo - https://mma.prnewswire.com/media/1513827/Chuck_E_Cheese_Logo_Logo.jpg

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6 Dec 2021

by caribpr

Restaurants

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Michelin Star Chef, Antonio Mellino Heads Quattro Passi at The Cliff

The flavours of Amalfi and Napoli arrive in Barbados

BRIDGETOWN, Barbados, July 27, 2021 /PRNewswire-HISPANIC PR WIRE/ – Antonio Mellino, the Executive chef at Quattro Passi will open QP Bistro the 22, October 2021 and Quattro Passi at The Cliff at the end of November. Quattro Passi in Nerano, Italy, is acclaimed as the best on the Amalfi Coast with two Michelin stars. Bringing the flavours of the Campania region, Napoli and Southern Italy to Barbados, it will offer signature dishes with the finest, fresh ingredients.

Antonio and his team, including his son Raffaele aspire to have the finest restaurant in the world. Located on the former renowned Cliff restaurant site, the team has paid great care with the site’s huge and amazing refurbishment with the most stunning views of the blue Caribbean Sea.

Mellino’s food philosophy is innovative but respects tradition and seasonality. This approach to his signature dishes – such as one that combines linguini with zucchini and zucchini flowers with basil and black pepper perfected over 10 years – earned Quattro Passi its Michelin stars. Mellino has cooked for Kings, presidents, elite artists, athletes and farmers all over the world. Mellino is excited to source fresh ingredients in Barbados from local and Caribbean farmers. The team will also be importing the best ingredients, shellfish from Italy, beef from the UK; the champagne will be imported insulated and chilled, so the temperature is always correct. “I absolutely love the energy of Barbados, and I am telling all of my regular clientele to meet me there. I couldn’t be more excited to open this unbelievable Quattro Passi in Barbados. We will make this the best restaurant in the world, on the best island, Barbados.”

To reflect the food philosophy the interior design plans are an exquisite mix of Moroccan and Italian decor. Quattro Passi will feature a cigar bar, a lounge, private dining areas, all with tables overlooking the ocean. Next door to the fine dining of Quattro Passi will be QP Bistro. This will have an all-day, 7:30 am-2:00 am, bistro menu, a large Italian pizza oven, homemade soft-serve ice cream and young, vibrant energy.

Quarto Passi and QP Bistro are owned by Michael Kent, a resident of Barbados. He also owns the Tides Restaurant in Barbados. Born on a farm in Cornwall, England, he is relentless in working with the best local people wherever he is. He loves how calm and friendly Barbadians are. He believes for the best restaurant one needs, in order of importance, the best people, the best local produce, the best facilities and the best location, Quattro Passi has it all.

Kent has hired Élan Mottley, who recently returned to Barbados from Sydney, Australia as director of all restaurants. An experienced marketer in gourmet products and an attorney by training, Kent says, “Élan has so much energy and an amazing attitude.”

Quattro Passi is taking reservations for the winter season at 1-246-432-1922 and QP Bistro at 1-246-432-0797

Photo - https://mma.prnewswire.com/media/1582641/Antonio_Mellino.jpg

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27 Jul 2021

by caribpr

Restaurants

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Doc Popcorn Scoops Up Dippin’ Dots to Create Co-Branded Store in Outlets Canovanas

CANOVANAS, Puerto Rico, April 8, 2019 /PRNewswire-HISPANIC PR WIRE/ – A well-known stop for fresh-popped, kettle-cooked popcorn is adding flash-frozen ice cream to its menu in Outlets Canovanas. The local Doc Popcorn business has turned into a co-branded location that now serves Dippin’ Dots and will celebrate with a grand opening event April 13 from 1-3 p.m. The business is located at 18400 Autopista Roberto Sanchez Vilella, and guests who attend will get a free small serving of Dippin’ Dots and Doc Popcorn. Throughout the day, guests can participate in face painting and register for a chance to win free Doc Popcorn and Dippin’ Dots for an entire year.

Dippin' Dots, the original beaded ice cream, founded in 1988.

By combining two leading snack and treat brands in one space, the dual-concept store gives shoppers the opportunity to satisfy both sweet and savory snack cravings. The new co-branded franchise location is the third Dippin Dots/Doc Popcorn store in Puerto Rico, all owned and operated by local entrepreneurs Angel Diaz and Jorge Marcano. After 20 years of managing construction together, the duo decided to bring the popcorn concept to Puerto Rico and has since tacked on ice cream to all three.

“We couldn’t believe how long lines were to buy Doc Popcorn when we visited the continental U.S., and we’re thrilled to add Dippin’ Dots to our third store, sweetening all of Puerto Rico’s locations,” said Diaz. “We know shoppers will enjoy the treats we have year-round at this location.”

In addition to the new Outlets Canovanas store, there are more than 20 other Dippin’ Dots and Doc Popcorn co-branded locations around the world, with more opportunities in the pipeline.

About Dippin’ Dots
 Dippin’ Dots has produced and distributed its flash frozen tiny beads of ice cream, yogurt, sherbet and flavored ice products since 1988. For more information, including franchise opportunities, please visit www.dippindots.com.

About Doc Popcorn
 Using whole grain kernels, proprietary flavor blends and other high-quality ingredients, Doc Popcorn handcrafts a wide variety of fresh-popped specialty flavors of popcorn free of trans fat, MSG, artificial colors and preservatives. Doc Popcorn started franchising in 2009 and has been consistently recognized as one of the top food franchises in the country by Entrepreneur’s Franchise 500. For more information and to inquire about franchise opportunities, please visit www.docpopcorn.com.

Logo – https://mma.prnewswire.com/media/196487/dippin_dots_logo.jpg

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8 Apr 2019

by caribpr

Restaurants

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Pizza Hut and Telepizza Group Announce Landmark International Growth Alliance

Pizza Hut and Telepizza Group Announce Landmark International Growth Alliance

  • Doubles Pizza Hut’s footprint in the regions covered by the alliance; places Pizza Hut in the #1 position in the category across Latin America and the Caribbean in terms of unit count; and confirms Pizza Hut position as the world’s largest pizza restaurant company
  • Telepizza Group to become a leading multi-country pizza operator worldwide and Pizza Hut’s largest master franchisee globally by unit count
  • Alliance nearly doubles Telepizza Group’s store portfolio to more than 2,500 units and €1.1 billion (1.3 Bn $) in system sales, with a presence in 37 countries with more than 500 million potential consumers
  • Long-term alliance involves Telepizza Group opening 1,300 new stores over the next 10 years across regions covered in alliance: Spain, Portugal, Latin America (excluding Brazil), the Caribbean and Switzerland

PLANO, Texas, and MADRID, Spain, May 16, 2018 /PRNewswire/ – Pizza Hut, a division of Yum! Brands, Inc. (NYSE: YUM) and the world’s largest pizza restaurant company with nearly 17,000 restaurants in over 100 countries, and Telepizza Group (BME: TPZ), the largest non-U.S. pizza delivery company worldwide with more than 1,600 stores in over 20 countries, today announced a strategic deal and master franchise alliance to accelerate growth across Latin America (excluding Brazil), the Caribbean, Spain (including Andorra), Portugal and Switzerland.

The landmark deal doubles Pizza Hut’s footprint in the regions covered by the alliance; places Pizza Hut in the number one position in the category across Latin America and the Caribbean in terms of unit count; and confirms Pizza Hut’s position as the world’s largest pizza restaurant company. As a result of the alliance, Telepizza Group will become Pizza Hut’s largest master franchisee globally by unit count and a leading multi-country pizza operator worldwide.

“This ground-breaking deal is a major milestone in our journey to become the most loved, fastest growing pizza brand in the world, and Telepizza Group is the ideal partner with the capability, commitment and capital to accelerate Pizza Hut’s expansion into key high-growth regions like Latin America,” said Milind Pant, President, Pizza Hut International. “Geographically, this long-term, strategic alliance with Telepizza Group will make Pizza Hut accessible to more consumers over time, helping fulfill our mission of making it easier to get a better quality pizza.”

“Our alliance with Pizza Hut delivers on Telepizza Group’s strategic plan to transform pizza delivery with a management model grounded in improving the customer experience through best-in-class operations,” said Pablo Juantegui, Executive Chairman and Chief Executive Officer, Telepizza Group. ”The deal accelerates our global growth plan, nearly doubles the scale of our business and extends our international reach to 37 countries, which represent more than 500 million potential consumers. The aspirations and capabilities of Telepizza Group and Pizza Hut International are complementary, and we are confident this deal will drive significant value for customers, employees, franchisees and shareholders as it represents an ideal platform for future growth opportunities.”

“At Pizza Hut International, we’re focusing all of our innovation, technology investments and franchise alliances on delivering the easiest, fastest and tastiest pizza experience wherever we operate,” said Enrique Ramirez, Global Chief Growth Officer, Pizza Hut. “Telepizza Group is the ideal partner to help us deliver on this focus across Latin America (excluding Brazil), the Caribbean, Spain, Portugal and Switzerland, because of their incredible depth and capability in franchise operations and supply chain management. Leveraging the strong experience of our Pizza Hut franchisees, we expect this to accelerate the growth of Pizza Hut with a best-of-both approach.”

Highlights of the alliance include:

  • Spain and Portugal. In Spain, where Telepizza is the leading player, and in Portugal, Telepizza Group will continue operating the Telepizza brand, but it will also operate Pizza Hut stores and oversee Pizza Hut franchisees. Telepizza will leverage the best of Pizza Hut capabilities and well-known signature products.
  • Latin America (excluding Brazil) and the Caribbean. As master franchisee, Telepizza Group will oversee Pizza Hut franchisees who will continue to operate Pizza Hut stores in Latin America (excluding Brazil) and the Caribbean.  Telepizza Group will also progressively convert its existing stores in this region to Pizza Huts and leverage Pizza Hut’s brand awareness to accelerate store network expansion and boost entry into key growth markets.
  • Unit Development Growth. Across the regions covered in the alliance, Telepizza Group will target opening at least 1,300 new stores over the next 10 years, and 2,550 stores total over 20 years. The vast majority of the new store openings will be Pizza Hut, including all stores in Latin America and the Caribbean.
  • Supply Chain: Telepizza Group will manage Pizza Hut’s supply chain in Latin America (excluding Brazil), the Caribbean, Spain (including Andorra), Portugal and Switzerland and will become an authorized supplier of Pizza Hut establishments. Both groups will explore further possibilities of collaboration in this field worldwide.

Completion of the alliance will be subject to certain conditions, including regulatory approvals and approval by Telepizza Group shareholders.

Impact to Telepizza

The alliance will nearly double Telepizza Group’s store portfolio to more than 2,500 units and €1.1 billion (1.3 Bn $) in system sales, making the company present in 37 countries with more than 500 million potential consumers. Telepizza Group will leverage its strong operational capabilities to crystallize the significant industrial synergies resulting from the combined platform, and will also benefit from its enlarged footprint to accelerate its international growth expansion. All this will be achieved without impacting Telepizza Group’s leverage profile nor its dividend policy and preserving Telepizza Group’s commitment with its current network of franchisees, targeting €100 million (120 M $) EBITDA by 2021.

Impact to Pizza Hut

This landmark deal moves Pizza Hut to the number one position in the category across Latin America and the Caribbean in terms of unit count. Across all the markets covered in the alliance, Telepizza Group will oversee nearly 1,000 Pizza Huts and contribute nearly 1,500 of its stores to Pizza Hut’s global unit count.  Pizza Hut International franchisees in these regions will continue to operate their businesses, under the management of Telepizza as a Pizza Hut master franchisee.  This strategic deal is a long-term initiative by Pizza Hut expected to result in accelerated unit development and operating profit growth on what will be a combined initial unit count of nearly 2,500 stores. The transaction is not expected to have a significant impact on Yum! Brands’ core operating results or cash flows over the next few years.

About Pizza Hut

Pizza Hut, a subsidiary of Yum! Brands, Inc. (NYSE: YUM), has more restaurant locations in the world than any other pizza company. Founded in 1958 in Wichita, Kan., Pizza Hut operates nearly 17,000 restaurants in more than 100 countries. For more information, visit www.pizzahut.com.

About Telepizza

Telepizza Group, headquartered in Madrid, operates in 23 countries with Telepizza and Jeno’s Pizza brands, among others, and celebrates 30 years with over 60 million of pizzas delivered worldwide. The Company manages a total network of 1,607 stores including 441 owned stores and 1,166 franchisees and master franchisees (as of 31 December, 2017) and is the leading player by number of stores in Spain, Portugal, Chile and Colombia. Total sales in its network, including own stores, franchisees and master franchisees, recorded as chain sales, amounted €561.6 million euro in the 12 months ended December 31, 2017. Telepizza Group is listed in the Barcelona, Bilbao, Madrid and Valencia stock exchanges with its shares starting trading on April 27, 2016.

About Yum! Brands

Yum! Brands, Inc., based in Louisville, Kentucky, has over 45,000 restaurants in more than 135 countries and territories and is one of the Aon Hewitt Top Companies for Leaders in North America. In 2018, Yum! Brands was recognized as part of the inaugural Bloomberg Gender-Equality Index and ranked among the top 100 Best Corporate Citizens by Corporate Responsibility Magazine. In 2017, Yum! Brands was named to the Dow Jones Sustainability North America Index. The company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over seven new restaurants per day on average, making it a leader in global retail development.

IMPORTANT INFORMATION

This communication does not constitute an offer to purchase, sell or exchange or the solicitation of an offer to purchase, sell or exchange any securities. The shares of TELEPIZZA GROUP may not be offered or sold in the United States of America except pursuant to an effective registration statement under the Securities Act or pursuant to a valid exemption from registration.

This communication contains forward-looking information and statements about TELEPIZZA GROUP, including financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, capital expenditures, synergies, products and services, and statements regarding future performance. Forward-looking statements are statements that are not historical facts and are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates” and similar expressions.

Although TELEPIZZA GROUP believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of TELEPIZZA GROUP shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of TELEPIZZA GROUP, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the documents sent by TELEPIZZA GROUP to the Comisión Nacional del Mercado de Valores.

Forward-looking statements are not guarantees of future performance. They have not been reviewed by the auditors of TELEPIZZA GROUP. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were made. All oral or written forward-looking statements hereby made or otherwise attributable to TELEPIZZA GROUP or any of its members, directors, officers, employees or any persons acting on its behalf are expressly qualified on its entirety by the cautionary statement above. All the forward-looking statements included herein are based on information available to TELEPIZZA GROUP on the date hereof. Except as required by applicable law, TELEPIZZA GROUP does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

FORWARD-LOOKING STATEMENTS

This announcement may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “likely,” “seek,” “project,” “model,” “ongoing,” “will,” “should,” “forecast,” “outlook,” “new store opening goals” or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections, our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of Yum! Brands, will prove to be correct or that any of our expectations, estimates or projections will be achieved.

Numerous factors could cause our actual results and events to differ materially from those expressed or implied by forward-looking statements, including, without limitation: food safety and food borne-illness issues; health concerns arising from outbreaks of viruses or other diseases; the success of our franchisees and licensees, and the success of our transformation initiatives, including our refranchising strategy; our significant exposure to the Chinese market; changes in economic and political conditions in countries and territories outside of the U.S. where we operate; our ability to protect the integrity and security of individually identifiable data of our customers and employees; our increasing dependence on digital commerce platforms and information technology systems; the impact of social media; our ability to secure and maintain distribution and adequate supply to our restaurants; the success of our development strategy in emerging markets; changes in commodity, labor and other operating costs; pending or future litigation and legal claims or proceedings; changes in or noncompliance with government regulations, including labor standards and anti-bribery or anti-corruption laws; recent Tax Legislation (defined below) and other tax matters, including disagreements with taxing authorities; consumer preferences and perceptions of our brands; changes in consumer discretionary spending and general economic conditions; competition within the retail food industry; and risks relating to our significant amount of indebtedness. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty.

Information regarding the impact of the Tax Cuts and Jobs Act of 2017 (”Tax Legislation”) consists of preliminary estimates which are forward-looking statements and are subject to change. Information regarding the impact of Tax Legislation is based on our current calculations, as well our current interpretations, assumptions and expectations relating to Tax Legislation, which are subject to further ongoing change.

The forward-looking statements included in this announcement are only made as of the date of this announcement and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances.

Milind Pant, President, Pizza Hut International and Pablo Juantegui Executive Chairman and Chief Executive Officer, Telepizza Group

Logo:  https://mma.prnewswire.com/media/692337/Telepizza_Logo.jpg

Photo:  https://mma.prnewswire.com/media/692338/Telepizza__Chief_Executive_Officer.jpg

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16 May 2018

by caribpr

Restaurants

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Dunkin’ Donuts Celebrates Global Donut Day on Friday, June 3rd by Offering Guests a Free Donut with any Beverage Purchase

Special offer available at participating Dunkin’ Donuts restaurants across Latin America and the Caribbean

CANTON, Massachusetts, May 31, 2016 /PRNewswire-HISPANIC PR WIRE/ — Dunkin’ Donuts, one of the world’s leading baked goods and coffee chains, today announced a delicious deal for donut lovers across Latin America and the Caribbean. On Friday, June 3rd, participating Dunkin’ Donuts restaurants across the region will offer guests a free donut of their choice (while supplies last) with the purchase of any beverage in honor of the brand’s fourth annual Global Donut Day celebration. Certain restrictions apply by country. See store for details.

Logo – http://photos.prnewswire.com/prnh/20110224/NY53806LOGO

“We’re excited to celebrate the joy that donuts bring to people around the world with our fourth annual Global Donut Day promotion,” Chris Fuqua, Vice President, Brand Marketing, Global Consumer Insights & Product Innovation, Dunkin’ Brands. “We’re proud of Dunkin’ Donuts’ rich bakery and coffee heritage, which goes back more than 65 years. We hope our guests enjoy our offer of a free donut with any beverage purchase on Friday, June 3rd.”

Guests can enjoy this special Global Donut Day offer on the brand’s wide range of classic donut varieties, including Boston Kreme, Chocolate Glazed, Jelly-Filled, Glazed and Chocolate Frosted, when purchasing any Dunkin’ Donuts beverage. Beverage options include hot and iced coffee, lattes, espresso, cappuccino, tea and Coolatta® frozen drinks. The offer is available at participating Dunkin’ Donuts locations throughout the region in Aruba, Bahamas, Brazil, Chile, Colombia, Ecuador, Guatemala, Honduras, Mexico, Panama and Peru.

In addition to the special Global Donut Day offer, select participating Dunkin’ Donuts restaurants across Latin America and the Caribbean will also be featuring a delicious Smiley Face Donut to celebrate the smiles donuts bring to peoples’ faces. The Smiley Face Donut is a filled yeast shell donut decorated with an endearing smiley face. Fillings for the donut will vary by market to cater to local tastes, and include fillings such as Jelly, Bavarian Kreme and Chocolate Kreme.

Dunkin’ Donuts has been offering high-quality donuts and coffee for more than 65 years, and last year sold more than 2.8 billion donuts and MUNCHKINS® donut hole treats and more than 1.9 billion cups of hot and iced coffee at its more than 11,800 restaurants in 44 countries around the world.

To learn more about Dunkin’ Donuts, follow us on Facebook at www.facebook.com/DunkinDonuts.

About Dunkin’ Donuts
Founded in 1950, Dunkin’ Donuts is one of the world’s leading baked goods and coffee companies, offering a range of high-quality coffees, espresso beverages, teas, sandwiches and baked goods. The company has more than 11,800 restaurants in 44 countries worldwide. Based in Canton, Mass., Dunkin’ Donuts is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For more information, visit www.DunkinDonuts.com.

CONTACT: Justin Drake, Dunkin’ Brands, [email protected]

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31 May 2016

by caribpr

Restaurants

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Dunkin’ Donuts Announces Return of Free Donut Offer for Friday, June 5th to Celebrate Global Donut Day

Dunkin’ Donuts invites guests across Latin America and the Caribbean to enjoy a free donut with the purchase of any beverage on June 5th

CANTON, Mass., May 28, 2015 /PRNewswire/ – Dunkin’ Donuts, one of the world’s leading baked goods and coffee chains, today announced a sweet deal for donut lovers across Latin America and the Caribbean. On Friday, June 5, participating Dunkin’ Donuts restaurants across the region and around the world will offer guests a free donut of their choice (while supplies last) with the purchase of any beverage in honor of the brand’s third annual Global Donut Day celebration. Certain restrictions apply by country. See store for details.

http://mma.prnewswire.com/media/218840/dunkin-donuts-global-donut-day-iced-latte.jpg?p=distribution&token=br5thZG6rB24pBhZ4Rc235NJKaTBzV+4qnigLUdGio4T+czf7nc2i1xG7RHCHq4MmFHns632v4OWqaSDxB9lfwdequLDxIW7J7EdoX0vjlw3HZHJ7w==

“Global Donut Day is an event we look forward to every year and we’re pleased to offer our guests around the world this delicious promotion for the third year in a row,” said Chris Fuqua, Vice President, Brand Marketing, Global Consumer Insights & Product Innovation, Dunkin’ Brands. “We’re always looking for ways to surprise and delight our guests on a global scale, and celebrating our donut heritage is a fun way to do that. Our donuts bring happiness to our guests, so we hope our brand’s offer of a free donut with the purchase of any beverage on June 5th spreads even more joy worldwide.”

The special Global Donut Day offer for a free donut with the purchase of any beverage is available at participating Dunkin’ Donuts restaurants across the region in Aruba, The Bahamas, Chile, Colombia, Ecuador, Guatemala, Honduras, Panama and Peru. Certain restrictions apply by country. See store for details.

In addition, participating Dunkin’ Donuts restaurants around the world will also be featuring a delicious Smiley Face Donut to celebrate the smiles donuts bring to peoples’ faces. The Smiley Face Donut is a filled yeast shell donut decorated with an adorable smiley face. Fillings for the donut will vary by market to cater to local tastes, and include fillings such as Jelly, Bavarian Kreme and Chocolate Kreme.

This year, Dunkin’ Donuts is also giving guests worldwide the ability to choose the donut that best represents their positive state of mind, with the addition of Emoticon Donuts. Accompanying the Smiley Face Donut, guests will have additional smile designs to choose from, including a delicious Wink Donut. Emoticon Donuts are the perfect way to share smiles on Global Donut Day and throughout the month of June.

For 65 years, Dunkin’ Donuts has been a leader in the donut category, and last year sold more than 2.8 billion donuts and MUNCHKINS® donut hole treats at its more than 11,300 restaurants in 36 countries around the world. It offers an extensive variety of delicious and creative donuts, including beloved flavors such as Boston Kreme, Glazed and Chocolate Frosted.

About Dunkin’ Donuts
Founded in 1950, Dunkin’ Donuts is America’s favorite all-day, everyday stop for coffee and baked goods. Dunkin’ Donuts is a market leader in the hot regular/decaf/flavored coffee, iced coffee, donut, bagel and muffin categories. Dunkin’ Donuts has earned the No. 1 ranking for customer loyalty in the coffee category by Brand Keys for nine years running. The company has more than 11,300 restaurants in 37 countries worldwide. Based in Canton, Mass., Dunkin’ Donuts is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For more information, visit www.DunkinDonuts.com.

http://photos.prnewswire.com/prnvar/20110224/NY53806LOGO

Photo – http://photos.prnewswire.com/prnh/20150527/218840
Logo – http://photos.prnewswire.com/prnh/20110224/NY53806LOGO

CONTACT: Justin Drake, Dunkin’ Brands, 781-737-5200, [email protected]

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28 May 2015

by caribpr

Restaurants

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