CHICAGO-Chicago-based Hyatt Hotels Corp. has sold three hotels in suburban Chicago for a total amount of $51 million or about $62,000 per room. The company has sold the 301-room Hyatt Deerfield, the 206-room Hyatt Rosemont and the 316-room Hyatt Lisle to a joint venture of Carrollton, Texas-based Aimbridge Hospitality and New York-based AREA Property Partners.

As per the long-term franchise agreements, the hotels will be functioned under the Hyatt flag. For the full story, go to Crain’s Chicago Business. News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

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