Starwood Capital Selling Four Hotels to Katara to Be Managed by Hyatt

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There was an interesting news piece that I came across yesterday. Starwood Capital (not Starwood Hotels as some news sources were referring the seller) was selling four hotels to Katara Hospitality, a Qatari hospitality company, and these hotels are supposedly going to be managed by Hyatt per the unnamed sources.

reuters-katara

The hotels in question are Martinez on the Cote d’Azur, Concorde Lafayette, l’Hotel du Louvre in Paris, and Le Palais de la Mediterranee in Nice, according to a French newspaper Le Figaro.

martinez

This is a very interesting development that would bring nice properties under the  Hyatt umbrella. You would likely to be able to earn and burn Hyatt Gold Passport points eventually too.

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