Bin Otaiba Investment Group buys Hyatt Regency Birmingham
Sharjah’s Bin Otaiba Investment Group has expanded its hotels portfolio with the purchase of Hyatt Regency Birmingham in the United Kingdom. The company paid £38.6 million, Dh184m to New York-listed Hyatt Hotels for the property. It plans to spend another £2.7m to renovate the property over the next three years….
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