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Old Posted Jan 23, 2021, 1:34 PM
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Join Date: Jun 2008
Location: Moncton NB
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Quote:
Originally Posted by FarmerTom View Post
HRM is getting an IHOP. I believe I read in Bedford
Indeed, and Charlottetown is getting one too. I think Corey Craig has plans for about six of them in Atlantic Canada over the next five years.

I wonder how badly these plans have been waylaid by the pandemic though. I'm pretty sure the IHOP here in Moncton is performing poorly (primarily because of the pandemic). The new Hyatt Place and Carrabba's also are not doing well (again pandemic related). These are all new constructions, and bills have to be paid. This has got to be eating into their cash reserves. In addition, the Tim Horton's and Wendy's that form the core of their business have to be suffering diminished sales as well.

I hope they have an understanding banker.............
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