Trinity Investments, Funds Managed by Oaktree Capital Management, and Funds Managed by UBS Asset Management Acquire Park Hyatt Zurich [Yahoo! Finance]
Hyatt Hotels Corporation Class A (H)
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm
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Source: Yahoo! Finance
LONDON, April 04, 2024 BUSINESS WIRE )--A joint partnership among Trinity Investments ("Trinity"), funds managed by Oaktree Capital Management ("Oaktree"), and funds managed by UBS Asset Management's Real Estate & Private Markets Multi-Managers business ("UBS AM REPM MM") has acquired Park Hyatt Zurich, a 138-key luxury hotel with ancillary office and parking elements. The joint partnership purchased the hotel from an affiliate of Hyatt Hotels Corporation, and the hotel will remain branded as Park Hyatt Zurich under a long-term management agreement with Hyatt. Park Hyatt Zurich occupies a prime island plot in the heart of Zurich's central business district. Currently featuring the largest room inventory amongst luxury hotels located in the Zurich CBD, the property represents a unique opportunity to own a purpose-built iconic hotel in a high barrier-to-entry market. The property is comprised of 138 guestrooms and suites, 880 square meters of meeting and event space, three food and b
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H
Earnings
- 2/23/24 - Beat
H
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- H's page on the SEC website