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Displaying items tagged: hospitality

Monday, 16 May 2022 15:23

Hospitality industry still struggling through staffing, supply chain shortages

A recent survey of nearly 150 Michigan restaurant and hotel owners shows that most are still struggling with inadequate staffing and supply chain disruptions, and almost all employers are raising wages for their workers to address staffing shortages. 

Published in Food/Agribusiness
Tuesday, 02 November 2021 14:18

PE firm Blackford Capital adds to hospitality holdings with new acquisition

GRAND RAPIDS — Private equity firm Blackford Capital has added to its holdings in the hospitality sector with the acquisition of ID Collaborative Inc., a Greensboro, N.C.-based interior design firm.

Published in Finance
Tuesday, 04 May 2021 22:09

Ferris Coffee closing two GR locations to focus on expanding headquarters

GRAND RAPIDS — Ferris Coffee & Nut Co. is closing two of its Grand Rapids locations at the end of the month as the company rebounds from the COVID-19 pandemic. 

Published in Small Business

Wednesday, 14 April 2021 11:43

Garage Bar in Wyoming sold to neighboring restaurant owner

WYOMING — The owners of the Garage Bar & Grill are selling the bar to the owners of India Town, a restaurant located adjacent to the bar along South Division Avenue.

Monday, 01 March 2021 20:10

Longtime GR establishment, Cottage Bar, and One Trick Pony sold to neighboring restaurant owners

GRAND RAPIDS — One Trick Pony Grill & Taproom and the nearly century-old Cottage Bar and Restaurant have both sold a year after one of the owners announced plans to retire and find a buyer for the businesses.

Tuesday, 15 December 2020 12:30

Grim national survey of hotels, restaurants show mass closures without additional federal aid

Additional mass closings and staff layoffs in the hospitality industry are expected without additional federal aid for businesses, according to recent surveys by national hotel and restaurant trade groups.

Published in Economic Development

Monday, 30 November 2020 17:05

Michigan Strategic Fund approves $10M pandemic relief program for small businesses

The Michigan Strategic Fund has approved a $10 million COVID-19 relief grant program for small businesses that were harmed by recent state restrictions affecting restaurants and entertainment facilities.

Published in Small Business
Tuesday, 17 November 2020 15:56

Restaurant, hospitality groups sue state over latest COVID-19 orders

The Michigan Restaurant & Lodging Association and two hospitality businesses filed a federal lawsuit Tuesday against the head of the Michigan Department of Health and Human Services in response to new business restrictions to stem the spread of COVID-19.

Published in Food/Agribusiness