Hyatt Hotels Corporation has purchased the Hyatt Regency Birmingham hotel in the UK for approximately USD$43 million.
The hotel has operated as Hyatt Regency Birmingham since its opening in 1990. Through its affiliates, Hyatt was one of the original co-owners, and since 2002 the hotel has been operated under a third-party management agreement. Starting in 2013, a Hyatt affiliate plans to invest approximately £6 million (USD$10 million) to renovate the hotel and strengthen its position as one of the leading hotels in Birmingham.
One of the best-situated hotels in Birmingham city center, Hyatt Regency Birmingham is a modern, four-star hotel that enjoys an unrivalled central location adjacent to Centenary Square. With a bridge link to the city’s landmark International Convention Centre, it is one of the leading convention hotels not just in Birmingham, but in the UK, regularly hosting such events as the annual conferences of the major political parties. It is also across the road from Birmingham’s Symphony Hall, and is just minutes from the National Indoor Arena (NIA) and the exclusive Mailbox and Bull Ring shopping centers. Occupying the entirety of a 24-story, glass-fronted building, the hotel dominates the skyline of central Birmingham.
The hotel’s 319 luxury rooms and suites, including the exclusive Presidential Suite, all have floor-to-ceiling windows that command breath-taking views of the canal network or the city. For leisure, guests can visit the just-refurbished Amala Spa & Club for wellness and beauty treatments, the 16-meter indoor swimming pool and the newly equipped gymnasium. Hyatt Regency Birmingham is also home to the signature Aria Restaurant, which serves breakfast, lunch and dinner daily, and Pravda Bar, the perfect place for cocktails, champagne and a large selection of wines, each of which is earmarked for further enhancement as part of the planned renovation. One of the most popular business hotels in the city, Hyatt Regency Birmingham is an ideal venue for meetings and conferences, featuring 10 meeting and event rooms.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company. The Company’s subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt HouseTM brand names and have locations on six continents. Hyatt Residential Group, Inc., a Hyatt Hotels Corporation subsidiary, develops, operates, markets or licenses Hyatt ResidencesTM and Hyatt Residence ClubTM. As of September 30, 2012, the Company’s worldwide portfolio consisted of 496 properties in 45 countries.
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