Sunstone eyes U.S. expansion with Wyndham hotel acquisition

Sunstone Hotel Investors is moving forward with a planned expansion into key U.S. markets through its acquisition of the Wyndham Chicago hotel for $88.4 million. The company is planning a $25 million renovation project on the 417-room property and plans to rename it as the Hyatt Chicago Magnificent Mile.

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Sunstone to Buy Wyndham Chicago Hotel for $88.4 Million - Bloomberg Businessweek

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