Saturday, October 23, 2010

Hyatt pledges financial support for Bermuda resort

A Park Hyatt hotel in St. George’s has moved a step closer to becoming reality, with Hyatt throwing its financial weight behind the project.
The Park Hyatt group has agreed to invest heavily in the $300m scheme and become a stakeholder.
The move paves the way for developers Bazarian International to push ahead with the project, which will see a 100-room hotel, condominiums and villas built on the site of the old Club Med.

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