Airport co-owned by Fort Worth buys the Hyatt Regency at DFW for $194 million

The airport Fort Worth co-owns with Dallas has bought the 811-room Hyatt Regency beside Terminal C for $194 million, DFW International Airport announced Wednesday. The sale closed Oct. 30.

DFW said the purchase was approved this summer by both owner cities, along with the airport's board and its Public Facility Improvement Corporation, the nonprofit arm that now holds the property.

Hyatt will continue to manage the hotel, and its name will not change. The airport said a renovation is planned but did not release a cost or timeline, and it did not identify the seller.

The deal gives the airport corporation ownership of every hotel on airport grounds: the Grand Hyatt DFW, Hyatt Place DFW and the Hyatt House DFW extended-stay hotel now being built and slated to open in summer 2027, according to DFW.

Chief Executive Officer Chris McLaughlin said in the airport's announcement that the purchase would create value for the airport's customers, partners and "our owner cities."

Our Dallas edition has more detail on the hotel and the airport's plans.

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