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Host Hotels and Resorts Inc Announces Acquisition Of The Hyatt Place Waikiki Beach

Monday, 3 Jun 2013 08:00am EDT 

Host Hotels and Resorts Inc announced that it acquired the fee-simple interest in the 426-room Hyatt Place Waikiki Beach in Honolulu, Hawaii for $138.5 million from an affiliate of Chartres Lodging Group, LLC and Morgan Stanley Real Estate Fund VII Global. Kokua Hospitality will continue to manage the hotel subject to a franchise agreement with Hyatt. 

Company Quote

0.06 +0.25%
26 Dec 2014