Hyatt completes dream hotel group acquisition

Chicago--( business wire )--hyatt hotels corporation (nyse: h) today announced the completion of the dream hotel group lifestyle hotel brand and management platform acquisition, bringing a vibrant portfolio of lifestyle hotel brands – including dream hotels, the chatwal and unscripted hotels – into the hyatt portfolio. the asset-light acquisition includes 12 lifestyle hotels (nine managed and three licensed), with another 24 signed long-term management agreements for hotels expected to open in the future.
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