Stephen HaggertyView All Tags
Hyatt Sells Regency Hotel in Canada, Builds New One in Japan
In early December, Hyatt Hotels Corporation announced the sale of Hyatt Regency Vancouver and the plans to develop a new Regency-branded hotel in Naha, Japan.
Hyatt Hotels Sells Park Hyatt Washington for $100M
Just weeks after announcing the sale of a 38-property portfolio to Lone Star Funds for about $590 million, Hyatt Hotels Corporation has completed another important transaction. At the start of the month, the company sold the Park Hyatt Washington to a joint venture comprised of Westmont Hospitality Group and Thomas Tan, for about $100 million or $463,000 per room.
JMI Realty Acquires Hyatt Regency Denver Tech Center; FEMA Leases Office Space in Englewood
Chicago-based Hyatt Hotels Corporation recently announced that one of its affiliates has sold the Hyatt Regency Denver Tech Center to an affiliate of JMI Realty for around $60 million or $133,000 per key. As part of the deal, Hyatt has also entered into a franchise agreement with JMI Realty. Davidson Hotels & Resorts will manage the hotel for JMI Realty under the Hyatt Regency flag.
Hyatt Hotels Corporation recently announced that a wholly owned Hyatt subsidiary intends to form a partnership agreement with Playa Hotels & Resorts B.V. and enter the all-inclusive resort segment.International 25 July 2013 15:46