Hyatt Hotels Corporation has announced that a Hyatt affiliate has sold Hyatt Regency Birmingham for approximately £38.6 million to an affiliate of Bin Otaiba Investment Group. The purchaser will also spend approximately £2.7 million in additional capital expenditures to further improve the property over the next three years. As part of the sale, a Hyatt …
Continue reading “Hyatt announces sale of Hyatt Regency Birmingham in the UK”