• Hyatt portfolio sale

Lone Star has agreed to buy 38 Hyatt hotels for USD590m. The deal covers Hyatt Place and Hyatt House properties across the US, totalling 4,950 rooms.
Hyatt will sign franchise agreements with Lone Star and continue to operate them under their current branding. Hyatt has a further six select service hotels it is looking to sell.
Read the full story here:
http://newsroom.hyatt.com/09-18-14-Hyatt-Announces-Sale-Of-38-Select-Service-Hotels

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