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Hyatt Announces Purchase of Downtown Minneapolis Hotel

CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate acquired a select service hotel in downtown Minneapolis and will rebrand the hotel as Hyatt Place Minneapolis Downtown following $20 million in capital improvements. The rebranding is scheduled for the summer of ...

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Pebblebrook Hotel Trust Acquires the Hotel Palomar San Francisco

BETHESDA, Md.—Pebblebrook Hotel Trust (the “Company”) announced that it has acquired the Hotel Palomar San Francisco for $58.0 million. The 196-room, AAA four-diamond, upper upscale, full-service boutique hotel is located in downtown San Francisco, California. The property will continue to ...

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