Hints and tips:
...Alphaville was recently flipping through the Paycheck Protection Program (PPP) data dump from the US Treasury and came across loans for two entities called Delight Holdco I LLC and Delight Holdco II LLC....
...But the question we raised is does franchising success ultimately rely on two of America’s most acute pathologies: excessive leverage and exploiting cheap labour?...
...But franchising likely on hold for the time being - Given the uncertainty, we think further large master franchising deals are unlikely in the short- term and these ultimately are key to demonstrating value...
...private equity firm and Accor shareholder, had been pressing the group to go faster in its embrace of an asset-lite model, in which hoteliers sell off properties and concentrate on their management and franchising...
...The company acknowledges that if its new investments are not getting results within a year to 18 months, it will look to joint ventures, re-franchising of bottlers or even disposals....
...The 358m additional units (even assuming they are completely absent in our current forecast which has ARM units rising from 4.4bn in 2009 to 10.5bn in 2014) at an ASP of US$18 would contribute £60m in additional...
...But he also cautioned that the “defeat” in Texas did not mean the end of state-wide franchising....
...London & Boston Investments climbed 46 per cent to 7.12p, as it announced plans to float its private property search subsidiary PSG (Franchising) at £15 to £18m....
...The group has been selling hotels for several months as it moves to a business model based on hotel management and franchising rather than asset ownership....
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