Real Estate Firm Trinity Investments Is In Talks to Buy the Park Hyatt Zurich

  • Hyatt is selling off its real estate in ‘asset-light’ strategy
  • Five-star Park Hyatt hotel could fetch around $467 million

Real estate-focused Trinity Investments is in talks to acquire the five-star Park Hyatt Zurich, according to people with knowledge of the matter.

A transaction hasn’t been finalized, cautioned one of the people, all of whom requested anonymity discussing confidential information.