AUSTIN, Texas (AP) - Hyatt is paying about $85 million to take over a hotel that's been a downtown Austin fixture since 1886.
The company announced yesterday that it has acquired the 189-room Driskill Hotel. It's expected to undergo a two-year renovation costing about $8 million.
To comment, the following rules must be followed:
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.