TAMPA, FL-The Grand Hyatt Tampa Bay is planning to complete a $16-million renovation by August. The hotel has hired Dallas-based Looney & Associates to redesign 445 guest rooms.
The renovation also included new fixtures and finishes, bedding and furniture. Hyatt Hotels Corp. sold the hotel in late 2010 for $58.5 million to an investor advised by UBS Global Asset Management's US real estate business. UBS announced its plans to carry out an extensive renovation at the time of closing. For the full story, go to Tampa Bay Business Journal .
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