Hyatt Hotels sold the Hyatt Regency Orlando and adjacent land for $1.07 billion while retaining management and investment roles, as part of its asset-disposition strategy.

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

Hyatt Regency Orlando offers 1,641 rooms and 315,000ft² of event space. Located near Orlando attractions, the hotel offers direct access to the Orange County Convention Center.

Hyatt Regency Orlando, one of the region’s largest convention hotels, is being sold for $1.02 billion to Los Angeles-based Ares Management and Houston-based Rida Development — a record deal ...

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 45 a ...

Recently, Hyatt completed the sale of its 1,641-room Hyatt Regency Orlando and adjacent 45 acres of land to affiliates of RIDA Development Corporation and an Ares Management Real Estate fund for ...

Hyatt Regency Orlando, one of the region’s largest convention hotels, has been sold for $1.02 billion to Los Angeles-based Ares Management and Houston-based Rida Development — a record deal ...

Stifel raises Hyatt Hotels target to $151 on Orlando sale ...

The sale of Hyatt Regency Orlando is part of Hyatt’s capital allocation strategy to sell owned hotels and reinvest proceeds in asset-light platforms that accelerate growth. The deal exceeds the ...

CHICAGO, August 16, 2024--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 45 acres of land ...