Hyatt Hotels Corporation (NYSE:H) Diversifies The Earnings Potential

Boston, MA 09/22/2014 (wallstreetpr) – Hyatt Hotels Corporation (NYSE:H) agreed to sell 38 of its hotels to Lone Star (Purchaser) for ~$590 million through a franchise agreement. The portfolio of 38 hotels includes Hyatt House and Hyatt Place and comprises of 4,950 rooms. As per the agreement, Aimbridge Hospitality, LLC will manage the Hyatt portfolio […]