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Strategic Hotels & Resorts Closes Sale of Hyatt Regency New Orleans.

Publication: PR Newswire
Publication Date: 10-JAN-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CHICAGO, Jan. 10 /PRNewswire-FirstCall/ -- Strategic Hotels & Resorts, Inc. , announced today that the company closed on the previously announced agreement to sell Hyatt Regency New Orleans to Poydras Properties Hotel Holdings Co., LLC, effective December 28, 2007. Under the terms of the agreement, Strategic Hotels & Resorts sold the property to Poydras Properties Hotel Holdings for a sales price of...

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