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Global Hyatt Buys Great Eastern Hotel in London

February 14, 2006 By: Erin Sternthal Travel Agent

Global Hyatt Corporation and JER Partners announced the joint acquisition of the 267-room Great Eastern Hotel in London from Conran Holdings and the Blackstone Group. Though the deal is expected to close next month, the hotel will operate as the Great Eastern through Dec. 31 and will be re-branded under the Hyatt Regency name in January.

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