Lowe completed the acquisition of vacation rental management business from Hyatt.

Lowe, a national real estate investor, developer and manager completed the acquisition of vacation rental management business from Hyatt. Financial terms were not disclosed. “Our hospitality management business was formed in 1973 to provide residential resort management services. This transaction represents a welcome return for Lowe and CoralTree to the roots of our business and to familiar markets where we have been active for decades,” Rob Lowe, Lowe Co-CEO.