hyatt regency monterey hotel and spa
Hyatt Increases Share Repurchase Authorization by $750 Million; Sold Hyatt Regency Monterey Hotel & Spa; Received $217 Million in Connection with Sale
Hyatt Hotels Corporation | December 18, 2017
CHICAGO--Hyatt Hotels Corporation (NYSE: H) today announced that its Board of Directors has authorized the repurchase of up to an additional $750 million of the Company's common stock. The authorization is consistent with Hyatt's ongoing commitment to return meaningful capital to stockholders while continuing to invest in growth opportunities. Year-to-date through November 15, 2017, the Company repurchased over $700 million of common stock. As of December 14, 2017, the Company had approximately $864 million available under its share repurchase authorization (including the $750 million authorized on December 14, 2017). On November 9, 201...
Davidson Hotels & Resorts Adds Hyatt Regency Monterey Hotel and Spa to Management Portfolio...
Davidson Hotels & Resorts | November 15, 2017
ATLANTA, Ga. – November 15, 2017 – Davidson Hotels & Resorts has announced the addition of Hyatt Regency Monterey Hotel and Spa to its growing portfolio. The sophisticated 550-room full-service resort in Monterey, Ca. is situated in the heart of one of the most beautiful coastal cities in California. The property, which will continue to operate under the Hyatt Regency brand, will be managed by Davidson Hotels & Resorts and will be owned by an affiliate of Fairwood Capital LLC – a real estate investment firm specializing in hospitality-related real estate. "We are excited to embark on our third project with Davi...
