Might well be why McDonald’s is more of a real estate company than it is a food company: https://www.wallstreetsurvivor.com/mcdonalds-beyond-the-burg...

I believe this is called something like the 'Michelin Curse' but my google is not returning hits for that phrase, though the sentiment seems roughly correct [0]

[0] https://www.wsj.com/style/michelin-star-removal-giglio-resta...

Interesting; thanks.