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Access here alternative investment news about Hyatt Spends $480M On Hotel Brand Two Roads Hospitality. | National Real Estate Investor
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Hyatt Spends $480M On Hotel Brand Two Roads Hospitality. | National Real Estate Investor

by nreionline.com posted 1year ago 39 views
Hyatt has increased its investment in lifestyle hotel brands, while trying to reduce its owned real estate. : (Bloomberg)—Hyatt Hotels Corp. agreed to acquire independent hotel operator Two Roads Hospitality for $480 million as the company increases its investment in lifestyle brands while reducing its reliance on owned real estate. Hyatt plans to create a dedicated lifestyle division after the deal’s completion later this year, combining brands such as Andaz and Hyatt Centric with Two Roads’ flags, including Thompson Hotels and Alila Hotels & Resorts.

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