DFW Airport Buys Hyatt Regency for $194M
Dallas Fort Worth International Airport acquired the 811-room Hyatt Regency DFW from Woodbine Development and Castlelake for $194 million. The acquisition consolidates all four on-campus hotels under airport ownership, while Hyatt will continue to manage the property.
Key Takeaways
- 1DFW Airport purchased the 811-key hotel for $194 million via its Public Facility Improvement Corporation.
- 2Hyatt Hotels Corporation will retain management of the property under the existing operating agreement.
- 3The purchase unifies ownership of all four on-campus airport hotels, including the upcoming Hyatt House DFW.
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