Hyatt
Hotels Corporation and FSA Group S.A., a Libra Group company, announced
today that a joint venture entity formed by a Hyatt affiliate and FSA
Group has completed the acquisition of a site in São José do Rio Preto,
Brazil, and has entered into agreements with FSA Group to develop a
Hyatt Place hotel and with Hyatt affiliates to provide management
services in connection with the operation of the hotel. This is the
first hotel to be announced under the landmark master development
agreement between a Hyatt affiliate and FSA Group for nine Hyatt Place
hotels throughout Brazil.Continue Reading...
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