I was just reading about that one again earlier...your article leaves out anything a White Lodging franchise. Another one mentioned it:
Quote:
CHICAGO, May 2, 2011
CHICAGO, May 2, 2011 /PRNewswire/ -- Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate formed a joint venture with White Lodging Services Corporation to construct and own a Hyatt Place hotel in Austin, Texas. A Hyatt affiliate and a White Lodging affiliate will each own 50% of the joint venture and White Lodging will operate the property under a franchise agreement with a Hyatt affiliate.
"We are thrilled to be working with White Lodging on this property," said Chris Ivy, senior vice president, real estate and development for Hyatt Hotels & Resorts. "This is a great opportunity to expand our relationship with White Lodging." The number of Hyatt Place locations continues to grow, with more than 160 hotels open in the U.S. and more than 30 under development throughout the U.S., India, the Netherlands, Panama and Costa Rica.
Read more: http://www.digitaljournal.com/pr/294656
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Terms are a bit unclear though from the Austin News side about whether that part's even relevant at this stage though, since ground hasn't broken.
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