Hyatt Regency hotel in Hawaii to undergo $100 million renovation

Blackstone Group has pledged to invest more than $100 million in renovations to the Hyatt Regency Waikiki Beach Resort and Spa in Hawaii. Blackstone purchased the leasehold on the 1,230-room property for $450 million earlier in 2013. Renovation work is expected to begin next year. Read the Skift/The Associated Press story here.

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