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Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate sold its Grand Hyatt Tampa Bay property to an investor account advised by the US real estate business of UBS Global Asset Management for $58.5 million.
Hyatt Hotels Corporation (NYSE: H) and Extell Development Corporation announced today that they will introduce the legendary Park Hyatt luxury brand to New York with a newly-constructed hotel designed by world-renowned, Pritzker Prize-winning architect Christian de Portzamparc.
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt subsidiary and Hersha Development Corporation (HDC), a privately owned hotel development company, signed long-term franchise agreements for two newly built hotels in Manhattan, catering to individual travelers and scheduled to open in 2011.
Hyatt Hotels Corporation (NYSE: H) and an affiliate of Starwood Capital Group, a leading global private investment firm focused on real estate, announced today that affiliates of Hyatt and Starwood Capital Group have formed a joint venture to acquire an existing property and redevelop it into Andaz Wailea Resort and Residences, an ocean front resort on Mokapu Beach in Maui, Hawaii.
Hyatt Hotels Corporation (NYSE: H) today announced expansion plans in China with management agreements for 11 new Hyatt-branded hotels in emerging cities and resort destinations.