The Hyatt Regency Birmingham is a hotel on Broad Street

Broad Street, Birmingham

Broad Street is a major thoroughfare and popular nightspot in Birmingham City Centre, United Kingdom. Traditionally, Broad Street was considered to be outside Birmingham City Centre, but as the city centre expanded with the removal of the Inner Ring Road, Broad Street has been incorporated into...

 in the city centre of Birmingham

Birmingham

Birmingham is a city and metropolitan borough in the West Midlands of England. It is the most populous British city outside the capital London, with a population of 1,036,900 , and lies at the heart of the West Midlands conurbation, the second most populous urban area in the United Kingdom with a...

, England

England

England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...

. It stands at a height of 75 metres (246 feet) 24 floors and has 319 guest rooms. The hotel has a blue glass exterior facade, and stands across the road from the International Convention Centre

International Convention Centre, Birmingham

The International Convention Centre is a major conference venue in central Birmingham, England. The centre includes Symphony Hall and it faces Centenary Square. The building has another entrance leading to the canals of Birmingham. The Convention Quarter area, which includes Brindleyplace, is...

.

The hotel was built, and is run by, Hyatt Regency Birmingham Ltd. This company is a public-sector/private-sector partnership between the Hyatt Corporation, Trafalgar House

Trafalgar House (company)

Trafalgar House Public Limited Company was a British conglomerate with interests in property investment, property development, engineering, construction, shipping, hotels, energy and publishing...

, and Birmingham City Council

Birmingham City Council

The Birmingham City Council is the body responsible for the governance of the City of Birmingham in England, which has been a metropolitan district since 1974. It is the most populated local authority in the United Kingdom with, following a reorganisation of boundaries in June 2004, 120 Birmingham...

. The hotel cost £37 million to build, with £1.5 million of that being provided by the city, which also donated the building site, which was, according to estimates, worth £615,000 in 1987. In April 2002, the company (with the NEC Group

National Exhibition Centre

The National Exhibition Centre is an exhibition centre in Birmingham, England. It is near junction 6 of the M42 motorway, and is adjacent to Birmingham International Airport and Birmingham International railway station. It has 20 interconnected halls, set in grounds of 628 acres making it the...

 as the third majority shareholder, after the demise of Trafalgar House) put the hotel building up for sale. In November 2002, the hotel was sold to London Plaza Hotels for £27.5 million, with Hyatt Regency Birmingham Ltd continuing to operate it. Birmingham City Council made a £5 million profit on the sale, from its 17.5% stake in the hotel, which it used to pay off debt.

The hotel was specifically constructed to have close ties to the International Convention Centre, including a private-access bridge that joins the two. This easy to secure link was one factor in attracting the 24th G8 summit

24th G8 summit

The 24th G8 Summit was held at Birmingham, England, United Kingdom between May 15 to 17 1998. The venue for this summit meeting was the Birmingham International Convention Centre....

to the city, as well as the 2000 NATO Meeting of Defence Ministers.