• Hyatt sells five

Hyatt has sold five select service hotels, realising USD53m. The company will retain Hyatt Place branding on the properties in Dallas, San Antonio, Greensboro, Raleigh and Columbia.

The buyers have committed to spending USD6m on refurbishments at the properties. The deal is consistent with Hyatt’s strategy of recycling selected assets.

Read the full story here:

http://newsroom.hyatt.com/011415Hyatt-Announces-Sales-Of-Five-Select-Service-Hotels

Share →