Jacksonville’s Biggest Hotel Fetches $109.9M

The Hyatt Regency Jacksonville Riverfront hotel

The new owner of the 951-room Hyatt Regency Jacksonville Riverfront is Houston-based Westmont Hospitality Group, which has equity interests in 500-plus hotels on three continents. Westmont last year paid $120.5 million to acquire the Hyatt Regency Clearwater Beach Resort & Spa. [Link]