Dearborn hotel gets new owner, name

By ZEINAB NAJM
Times-Herald Newspapers

DEARBORN — The Royal Dearborn Hotel & Convention Center, now the Edward Village Michigan now has a new owner.

The hotel, originally the Hyatt Regency-Dearborn at 600 Town Center Drive, has its latest owner making it the third since 2011.

An offshore group purchased the hotel from the previous owners, Israel-based Royal Realties LLC, for an unreleased amount.

Royal Realties purchased the hotel in 2011 for $15.5 million.

The hotel was placed on the market last June by New York-based Savills Studley’s U.S. Capital Markets – Hotel Group for between $30 million and $40 million.

With the new owner came the new name, Edward Village Michigan, the fourth name since 2012 when the hotel was the Hyatt. After the Hyatt came the Adoba Hotel Dearborn/Detroit, Regency Dearborn Hotel & Convention Center then Royal Dearborn Hotel & Convention Center.

Built in 1976 the Edward Village Michigan is the state’s second-largest hotel with 772 rooms, more than 200 staff and 63,000 square feet of banquet space with multiple uses.

(Zeinab Najm can be reached at zeinabnajm92@gmail.com.)

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