Hospitality Industry News
Hyatt Announces Purchase of Downtown Minneapolis Hotel for Conversion to Hyatt Place
CHICAGO–Oct. 30, 2012– Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate acquired a select service hotel in downtown Minneapolis and will rebrand the hotel as Hyatt Place Minneapolis Downtown following $20 million in capital improvements. The rebranding is scheduled for the summer of 2013. In a