Monday, June 21, 2010

Four Seasons is now the Park Hyatt Aviara

Four Seasons will officially part company today from the Aviara resort in Carlsbad and will now be known as a Park Hyatt hotel.

The changeover follows what had been a months-long, acrimonious dispute between the hotel owner, Broadreach Capital Partners, and the hotel’s longtime operator, Four Seasons Hotels and Resorts.

Although Broadreach had sought to immediately remove Four Seasons more than a year ago, alleging that it had failed to run the property in a “cost-effective manner,” the matter ultimately went to arbitration.

Read More:

0 comments:

Post a Comment