Hyatt Announces Plans for a Grand Hyatt Hotel and Residences in Grand Cayman
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise and related agreements with Pageant Beach Hotel Ltd. for the 351-room Grand Hyatt Grand Cayman Hotel & Residences. The hotel will be managed by an affiliate of Aimbridge Hospitality, one of the largest independent hotel investment and management firms in North America and the Caribbean.