Hyatt has exciting news! Announced August 31, 2011 Hyatt and its wholly owned subsidiaries acquired a portfolio of assets from LodgeWorks, L.P. and its private equity partners. The hotels involved in the transaction are currently branded under the Hotel Sierra® (17), AVIA® Hotels (4), Hyatt Place®(1) and Hyatt Summerfield Suites® (2) brands. This acquisition will enable the company to introduce Hyatt-branded hotels in several markets where it currently is not represented at all and to expand our extended stay representation significantly. Sincerely, Nick B.