HYATT Regency Birmingham has been sold by Hyatt Hotels Corporation to an affiliate of Bin Otaiba Investment Group for approx 38.6 million (AU$65.8m). Over the next three years the buyer will sink 2.7 million (AU$4.6m) into improvements. The hotel will retain its Hyatt Regency branding.
The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 26 Sep 16
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