Chesapeake Lodging Trust Acquires Hyatt Santa Barbara for $61M
June 27, 2013 at 17:15 PM EDT
Chesapeake Lodging Trust (NYSE: CHSP ) (the “Trust”) and Hyatt Hotels Corporation (NYSE: H ) (“Hyatt”) announced today that the Trust has acquired the fee simple interest in the Hyatt Santa Barbara and two adjoining properties totaling 200 rooms from a Hyatt affiliate for $61.0 million, or approximately
