Hyatt Hotels Corporation announced that a company affiliate has completed the sale of the 1,641-room Hyatt Regency Orlando and adjacent 45 acres of land to affiliates for approximately $1.07 billion.

Hyatt Hotels closed the sale of its 1,641-room Hyatt Regency Orlando for $1.07 billion and also announced a deal with the buyers to build a new Grand Hyatt luxury hotel right next door.

Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. Hyatt Regency Orlando, one of the region’s largest convention hotels ...

The $1.02-billion sale of the Hyatt Regency Orlando in August was the largest hotel sale year-to-date nationwide, according to real estate analysts CoStar Group. To pull this off, buyers Ares ...

Los Angeles-based Ares Management Corp. acquired the 1,641-room Hyatt Regency Orlando and 45 acres of adjacent land from Hyatt Hotels Corp. for $1.07 billion on August 16. Ares acquired the ...

This acquisition along with the sale of the Hyatt Regency Orlando is part of the company’s capital allocation strategy to sell owned hotels and reinvest in asset-light platforms to accelerate ...

CHICAGO, August 16, 2024--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE:H) today announced that an affiliate of Hyatt has completed the sale of the 1,641-room Hyatt Regency Orlando and adjacent ...