The quick-service hospitality group, which licenses Starbucks stores across 11 markets, will invest $304m to support group expansion in 2023 with a focus on growing the Seattle-based coffee chain in Europe
Mexican quick-service hospitality group Alsea, which operates more than 1,650 licensed Starbucks stores across Latin America, South America and Europe, will invest ₱5.5bn ($304m) to expand and upgrade its global store portfolio this year.
Unlock Allegra Premium News & Insights
£29/month
Full digital access, cancel anytime.What you get:
Curated global coffee news & independent editorial features
5THWAVE, the leading B2B coffee & hospitality magazine
Market trend data analysis powered by the latest World Coffee Portal research
In-depth interviews with CEOs, industry experts & entrepreneurs
Weekly Coffee Dose essential industry news briefing
Coffee 24/7, breaking industry news bulletins
Exclusive market infographics & data downloads
Already have an account? Sign In
