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DFW Airport to Own All On-Site Hotels | Real Estate News
Description
DFW Airport is set to become the sole owner of all four on-site hotels after approving a $193.7 million deal to buy the Hyatt Regency DFW — completing its 100% ownership of airport lodging. Already in control of three others, including the Grand Hyatt and Hyatt Place, the airport plans to keep Hyatt as manager. This move fuels their $12 billion DFW Forward expansion, which includes a $3 billion Terminal C upgrade and a new Terminal F. Meanwhile, nearby hotel projects like LivSmart Studios by Hilton and an Embassy Suites near Love Field signal booming hospitality growth around the region. Final approval is pending August 6th.
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