Global Hyatt Corp. and Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that they have entered into an agreement to acquire the 728room Century Plaza Hotel & Spa located in Century City, California, on Los Angeles’ chic Westside. Sunstone has agreed to acquire the hotel for approximately $293 million before expenses and renovation costs. Following close of the transaction in the fourth quarter of this year, the property will be repositioned and rebranded as Hyatt Regency Century Plaza and will immediately begin a $22.5 million renovation that will include guest rooms, common space and the addition of a Regency level and Hyatt Regency Club.
CHICAGO—August 19, 2005—In response to overwhelming demand from Hyatt’s Gold Passport® members to “bring back Faster Free Nights!,” Hyatt has again teamed up with MasterCard® to resurrect its popular global promotion.
Chicago-based Hyatt Hotels Corporation announced today that it will manage the 428-room Hyatt Regency Trinidad in Port of Spain, Trinidad.
CHICAGO (August 10, 2005) – Following the acquisition of the AmeriSuites hotel chain in early January 2005, senior executives and design teams at Global Hyatt Corp. along with industry leading...
Grand Hyatt DFW opened on July 1st, 2005 with a special ribboncutting ceremony and patrioticthemed grand opening celebration. The 12story, 298room hotel adjoins the new International Terminal D at Dallas/Fort Worth International Airport and marks both the first Grand Hyatt to be located at an airport and the first to be built in Texas. DFW International Airport owns the hotel, and Chicagobased Hyatt Hotels Corporation manages the property for the Airport.