NEW YORK (TIP): Hyatt has agreed to acquire Sant Singh Chatwal’s Dream Hotels Group for up to $300 million. The deal includes 12 managed or franchised lifestyle hotels, like the Chatwal NY, the Margaritaville Times Square, and Dream Hotels brands, as well as another 24 in the pipeline with signed long-term agreements. The agreement will increase Hyatt’s portfolio by more than 1700 rooms, 30% in New York City alone.
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