TAMPA, FL-A joint venture partnership that includes an affiliateof North Palm Beach-based Driftwood Hospitality Management LLC, ahotel management company, has reached a contract to purchase theHyatt Regency Tampa, a 521-room hotel in downtown Tampa. The hotelreached sales block earlier this year.

The joint venture has plans to renovate and rebrand the hotel. Aspokeswoman said that the deal is scheduled to be closed later thisyear. For the full story, go to Tampa Bay Business Journal .


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