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May 18, 2011Hotels Will Be Rebranded as Hyatt Summerfield Suites And Will Undergo Multi-Million Dollar RenovationsHyatt Hotels Corporation (NYSE: H) announced that a Hyatt affiliate purchased three Woodfin Suites hotels in California for $76.5 million from the beneficial owner O-B Holdings, a joint venture managed by Three Wall Capital LLC through its affiliates.
May 18, 2011Iconic Hotel Raises the Bar for New Orleans’ Business and Leisure TravelersHyatt Regency New Orleans is now accepting reservations to welcome its first guests on October 19, 2011 following a $275 million redesign and revitalization.
- May 17, 2011Hyatt Regency, Hyatt Place and Hyatt Summerfield Suites hotels mark entry
into The Kingdom of Saudi ArabiaHyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with Jabal Omar Development Company to manage three Hyatt-branded hotels in Mecca (Makkah), the holy city of Islam, in The Kingdom of Saudi Arabia.
- May 16, 2011
Hyatt Hotels Corporation (NYSE: H) has agreed to repurchase 8,987,695 shares of Class B common stock for $44.03 per share, which represents the closing stock price of the Class A common stock on May 13, 2011, for an aggregate purchase price of $395,728,211.
- May 16, 2011
To kick off the summer season, Hyatt Hotels & Resorts is offering AARP members 10 percent off the Hyatt Daily Rate plus a third night free for stays through September 6, 2011 with offer code AARP at participating Hyatt Hotels & Resorts in the U.S., Canada and the Caribbean.