Al.com reports that the 329-room Wynfrey Hotel in Birmingham, Ala., has
received a major capital investment from Ohio-based RockBridge Capital,
which plans a multimillion-dollar renovation project that will result in
the conversion of the property to the Hyatt Regency Birmingham-The
Wynfrey Hotel. Montgomery, Ala.-based Jim Wilson & Associates LLC,
which developed the hotel and the adjoining Riverchase Galleria, will
retain an ownership stake. Davidson Hotels & Resorts will stay on as
hotel manager. The renovation will begin this fall and be completed by
March 2013.
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