So Much Money So Few Rooms

Hyatt Sells 38 Hotels For $590 Million, Plans To Franchise Them As Lower-Cost Brands

Hyatt Sells 38 Hotels For $590 Million, Plans To Franchise Them As Lower-Cost Brands

By 9.19.14

The Hyatt Hotels Corp. just got a bit smaller. The Chicago-based company plans to sell off some of its select-service hotels as franchises. The first sale includes 38 hotels for the nice price of $590 million. [More]