Owners of the Manchester Grand Hyatt in San Diego have reached an agreement to sell the region’s largest hotel to Maryland-based Host Hotels & Resorts for $570 million.

Owners of the Manchester Grand Hyatt in San Diego have reached an agreement to sell the region’s largest hotel to Maryland-based Host Hotels & Resorts for $570 million.

Observers say the planned $570 million acquisition of San Diego’s largest hotel could signal a wave of similar investments in prime properties on the horizon, as investors come off the sidelines in response to a brightening hospitality climate...

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