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News in brief: Patina, Hyatt, Hilton

Patina secures Maldives resort: Patina Hotels & Resorts has partnered with Telos Investments to operate The Patina, Thanburudhoo Maldives. 

Read more at TTG Asia

 


Park Hyatt Toronto sold: Park Hyatt Toronto was acquired by Oxford Properties Group from a Hyatt affiliate for approximately US$90 million. Oxford intends to spend about US$25 million in additional capital expenditures over the next five years.

Read more at Business Wire

 


New management at Hilton Rose Hall: Aimbridge Hospitality has been selected to manage Hilton Rose Hall Resort & Spa in Montego Bay, Jamaica.

Read more at PR Newswire

 


Chatham Lodging prices public offering: Chatham Lodging Trust has priced an underwritten public offering of 3.5 million common shares with total estimated gross proceeds of approximately US$105 million. The offering is expected to close on January 27.

Read more at Business Wire

 


New Autograph Collection hotel: Mauna Kea Beach Hotel has joined Marriott International’s Autograph Collection. The hotel marks the 75th in its global portfolio.

Read more at PR Newswire

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