TGI Fridays

TGI Fridays Signs Pakistan Deal, Targets 15 Restaurants

TGI Fridays Signs Pakistan Deal, Targets 15 Restaurants

Dallas – September 23, 2026 -- TGI Fridays has signed a development agreement with Meerab Hospitality to scale to 15 restaurants across Pakistan, marking the brand's second market signing this month as it pursues a global target of 1,000+ restaurants and $2 billion in annual revenue by 2030.

First flagship restaurant targets Lahore's Hyatt Regency within 12 months

Meerab Hospitality, the franchise and development arm of Meerab Properties, plans to open its first TGI Fridays location at the Hyatt Regency Hotel complex in Lahore within the next 12 months. The company will develop restaurants across Pakistan over the next decade through a mix of company-owned and approved sub-franchised units, according to Pervaiz Iqbal Shahid, Founder and Group CEO of Meerab Properties.

TGI Fridays Enters Balkans via 10-Unit Devolli Group Deal

Dallas – September 09, 2026 -- TGI Fridays has signed a development agreement with Devolli Group to build 10 restaurants across Kosovo, Albania and North Macedonia, marking the American casual dining chain's first entry into the Balkans.

Devolli Group secures exclusive sub-franchise rights across three Balkan markets

Under the agreement, Devolli Group will develop the 10 units and holds exclusive rights to sub-franchise the TGI Fridays brand throughout the territory, creating a platform for further expansion across Southeast Europe.