Hospitality Industry News
Chesapeake Lodging Trust (NYSE:?1?) (the ?Trust?) and Hyatt Hotels Corporation (NYSE:?1) (?Hyatt?) announced today that the Trust has acquired the fee simple interest in the Hyatt Santa Barbara and two adjoining properties totaling 200 rooms from a Hyatt affiliate for $61.0 million, or approximately $305,000 per
Hyatt
ANNAPOLIS, Md.–(BUSINESS WIRE)–Jun. 27, 2013– Chesapeake Lodging Trust (NYSE: CHSP) (the ?Trust?) and Hyatt Hotels Corporation (NYSE: H) (?Hyatt?) announced today that the Trust has acquired the fee simple interest in the Hyatt Santa Barbara and two adjoining properties totaling 200 rooms from a Hyatt affiliate for $61.
Hyatt
CHICAGO–(BUSINESS WIRE)–Jun. 13, 2013– Hyatt Hotels Corporation (NYSE: H) announced the opening of Hyatt Regency Gurgaon in New Delhi?s National Capital Region (NCR). Located in the rapidly expanding business and residential city of Gurgaon, Hyatt Regency Gurgaon has the largest meeting space and room inventory in the
Hospitality Industry News
ANNAPOLIS, Md.–(BUSINESS WIRE)–May. 31, 2013– Chesapeake Lodging Trust (NYSE: CHSP) (the “Trust”) announced today that it has purchased the fee simple interest in the 313-room Hyatt Fisherman?s Wharf from an affiliate of Hyatt Hotels Corporation (NYSE: H) for $103.5 million, or approximately $331,000 per
Hospitality Industry News
CHICAGO–(BUSINESS WIRE)–UNITE HERE, the hospitality industry union, has released an analysis examining Hyatt?s poor Q1 2013 performance in connection to group business decline. The report, ?Struggling Quarter, Unsatisfying Explanations,? looks at disappointing earnings by Hyatt Hotels Corporation (NYSE: H) compared to its peers and questions whether the
Hospitality Industry News
Minneapolis, Minnesota, May 20, 2013???CSM Lodging, a division of?CSM Corporation, has named Michael C. Coolidge senior vice president, real estate & lodging development for the growing hospitality company.?? Bill Upshaw, president of CSM Lodging, made the announcement. ?It is a pleasure to welcome Michael to our company,? said
Hospitality Industry News
1 CHICAGO–(BUSINESS WIRE)–May. 14, 2013– Hyatt Hotels Corporation (NYSE: H), Aedes Real Estate and UBM Realit?tentwicklung AG announced today their affiliates have entered into an agreement for a Hyatt Regency hotel in Amsterdam, which is expected to open in 2015. Hyatt Regency Amsterdam will be the first
Hyatt
Award-winning Hyatt Place brand expands its footprint in Denver area to Cherry Creek CHICAGO–(BUSINESS WIRE)–May. 8, 2013– Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with affiliates of DiNapoli Capital Partners and Rockwood Capital for a hotel in
Hyatt
CHICAGO–(BUSINESS WIRE)–May. 7, 2013– Hyatt Hotels Corporation (?Hyatt? or the ?Company?) (NYSE: H) today announced the pricing of its public offering of $350 million principal amount of 3.375% senior notes due 2023. Hyatt intends to use the net proceeds from the offering to pay the redemption price
Hospitality Industry News
CHICAGO–(BUSINESS WIRE)–May. 3, 2013–?Hyatt Hotels Corporation?(NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with State Unitary Enterprise (Poytaht Qurilish va Xizmat) for a?Hyatt Regency?hotel in?Tashkent, Uzbekistan. Scheduled to open in?January 2015,?Hyatt Regency Tashkent?will be
Hyatt
CHICAGO–May. 3, 2013– Hyatt Hotels Corporation (?Hyatt? or the ?Company?) (NYSE: H) today announced the Total Consideration as set forth in the table below in respect of its previously announced cash tender offer (the ?Tender Offer?) to purchase any and all of its $250,000,000 aggregate principal amount
hyatt hotels corporation
CHICAGO–(BUSINESS WIRE)–May. 1, 2013–?Hyatt Hotels Corporation?(?Hyatt? or the ?Company?) (NYSE: H) today reported first quarter 2013 financial results as follows: * Adjusted EBITDA was?$131 million?in the first quarter of 2013 compared to?$125 million?in the first quarter of 2012, an increase of 4.8%