Landmark Pier Sixty-Six hotel and marina acquired for $165 million
The iconic Hyatt Regency Pier Sixty-Six hotel and marina in Fort Lauderdale has a new owner.
On Thursday, Orlando-based real estate development group Tavistock Development Co. announced it has acquired the 384-room hotel and 127-slip marina complex. The purchase price was $165 million, which included a parking lot, according to a company spokesman.
The hotel and marina will continue to be operated by Interstate Hotels & Resorts, and details about future renovation plans will be announced in 2017, Tavistock said.
This story was originally published December 8, 2016 at 2:42 PM with the headline "Landmark Pier Sixty-Six hotel and marina acquired for $165 million."