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Subway’s Qatar development rights go to Alamtiazat Al Alamyah Food Stuff
Yahoo Finance· 2025-12-09 16:21
Core Insights - Subway has signed a master franchise agreement with Alamtiazat Al Alamyah Food Stuff for exclusive operations and development of all Subway locations in Qatar [1][4] - The partnership aims to enhance Subway's presence in Qatar, leveraging Alamtiazat's experience and operational capabilities [2][3] Group 1: Franchise Agreement Details - Alamtiazat Al Alamyah Food Stuff is part of Al Mana International Holding and has been associated with Subway since 2010 under a development deal [1] - The new agreement allows Alamtiazat to implement Subway's current restaurant design and upgrade digital operations, focusing on operational performance and service levels [2] Group 2: Market Expansion Strategy - Subway has entered six master franchise agreements in the Middle East since 2021, committing to over 800 new outlets in the region [4] - Globally, Subway has signed more than 25 master franchise contracts in the same timeframe, with plans for over 10,000 new restaurants [4]
TGI Fridays signs master franchise deals for India and Mexico
Yahoo Finance· 2025-10-31 09:50
Core Insights - Sugarloaf TGIF Management has entered into two master franchise agreements to expand TGI Fridays in India and Mexico [1][3] - The agreement with USR Hospitality includes plans for 51 locations across India, with exclusive rights for airport and high-street developments [1][2] - A separate agreement with Mid-City Operadora (MCO) aims for a 50-unit development in Mexico, focusing on celebration-oriented dining experiences [3][5] Group 1: Expansion Plans - TGI Fridays plans to open 51 locations in India through a partnership with USR Hospitality, which will also develop restaurants at airports and other prime locations [1][2] - In Mexico, MCO aims to establish a flagship restaurant in all 32 state capitals and major cities, along with training centers and supplier partnerships [5][6] Group 2: Leadership and Strategy - John Neitzel, former president and COO of TGI Fridays, has joined USR Hospitality to support the brand's growth in India [2][3] - USR's chairman emphasized the combination of Neitzel's leadership and their own hospitality experience as key to driving growth for TGI Fridays [3][4] Group 3: Ownership Transitions - In the Philippines, ownership of the Bistro Americano Group has transitioned to Tennyson Chen, who will continue with a development agreement for over 40 sites [6] - In Spain, Yellowstone Capital has taken over management of nine TGI Fridays units [6]