• Hyatt backs New York
Hyatt has completed the USD390m purchase of the Park Hyatt hotel in New York. The 210 room hotel is due to open later this month in a 90 storey glass tower. 

The hotel is sited across from Carnegie Hall, a short walk from Central Park. Hyatt says it plans to sell the hotel on, at an appropriate time. 
Read the full story here: 
http://newsroom.hyatt.com/080514-Hyatt-Completes-Acquisition-of-Park-Hyatt-New-York
 
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