Andaz Maui part of Hyatt’s $1B portfolio sale to Host


Host Hotels & Resorts, which owns three hotels in Hawaii, is betting on Maui being one of the fastest-growing tourism markets in the United States with the acquisition of the Andaz Maui at Wailea as part of a three-hotel portfolio it is buying from Hyatt Hotels Corp. for $1 billion.

Host Hotels & Resorts (NYSE: HST) is acquiring the 301-room Andaz Maui, the 668-room Grand Hyatt San Francisco and the 454-room Hyatt Regency Coconut Point Resort and Spa in Florida from Hyatt Hotels Corp. (NYSE: H)…

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