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Stock impact report

Melting Pot Targets Wichita as the Next Development Market in Its Aggressive Growth Plan [Yahoo! Finance]

Summit Hotel Properties, Inc. (INN) 
Last summit hotel properties, inc. earnings: 2/25 04:35 pm Check Earnings Report
US:NYSE Investor Relations: investor.shpreit.com
Company Research Source: Yahoo! Finance
WICHITA, Kan. May 9, 2024 /PRNewswire-PRWeb/ -- After an impressive year of unit-level sales growth and system-wide remodeling efforts, Melting Pot, the 92-unit fondue franchise, has identified Wichita as its next target market for franchise growth, citing incredible consumer demand in the area. With capacity for two restaurants in Kansas , the team is targeting Old Town and Southwest Wichita for a new Wichita Melting Pot. "We're working to have 125 locations nationwide by 2026 to address an explosion in demand for Melting Pot, and Wichita is a prime example of how loyal guests are to the brand and experience," explained Collin Benyo , franchise growth strategist. "We've mapped guests that have driven as far as Oklahoma City and Kansas City, Missouri from Wichita to have fondue. The opportunity to bring the city its first Melting Pot is a huge success plan in our eyes." Melting Pot will host a Discovery Roadshow at the Fairfield Inn & Suites by Marriott Wichita Downtown on May 13 Show less Read more
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