Oak Brook, Ill. – Inland American Lodging Group, Inc. (“IALG”), a wholly owned subsidiary of Inland American Real Estate Trust, Inc. (“Inland American”), and Hyatt Hotels Corporation (NYSE: H) today announced that IALG has acquired a portfolio of two Andaz hotels for approximately $115 million. The hotels, both part of Hyatt’s acclaimed boutique lifestyle brand, are located in Napa, Calif., and Savannah, Ga. These will be the second and third Andaz hotels in Inland American’s portfolio, following the purchase of Andaz San Diego completed earlier this year. A Hyatt affiliate will continue to manage both hotels.
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