Hyatt Hotels Corporation announces sale of Hyatt Regency Birmingham to Bin Otaiba Investment Group affiliate

CHICAGO, 2016-Sep-28 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has sold Hyatt Regency Birminghamfor approximately £38.6 million to an affiliate of Bin Otaiba Investment Group. The purchaser will also spend approximately £2.7 million in additional capital expenditures to further improve the property over the next three years. As… Read the full press release