News

Hyatt announces sale of Hyatt Regency Birmingham in the UK

Over and above the £38.6 million purchase price, the purchaser will also spend £2.7 million in additional capital expenditures to further improve the property over the next three years. As part of the sale, a Hyatt affiliate has entered into a management agreement with the purchaser and the hotel will retain its Hyatt Regency branding.

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