California Company Acquires Hyatt Regency San Antonio Riverwalk for $230 Million

  • 📰 ExpressNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 51%

Business Новости

Sunstone Hotel Investors Inc. has agreed to purchase the Hyatt Regency San Antonio Riverwalk from Hyatt Hotels Corp. for $230 million. The deal includes the hotel, 2 acres of land, and a parking garage. The hotel recently underwent a $37 million renovation and is strategically located near popular attractions.

A California company is buying the Hyatt Regency San Antonio Riverwalk from Hyatt Hotels Corp. for $230 million. Aliso Viejo-based Sunstone Hotel Investors Inc. said it has an agreement with Chicago-based Hyatt to buy the 630-room hotel at 123 Losoya St. in a deal that also includes nearly 2 acres along the river and a 516-space parking garage next to the Alamo Visitor Center and Museum that is being developed. The guest rooms at the Hyatt Regency recently underwent a $37 million renovation.

Our premiere location allows the hotel to benefit from an attractive combination of group and transient demand in a market that continues to experience positive demographic shifts, increasing hotel demand, and a business-friendly backdrop,” Sunstone CEO Bryan Giglia said in a statement. Sunstone owns 14 hotels in Florida; California; Hawaii; Washington, D.C.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 519. in RU

Россия Последние новости, Россия Последние новости