The Hyatt Regency Dearborn, Mich., will now operate as the Adoba Hotel.
The hotel owes more than $850,000 in Wayne County property taxes, forcing the previous management company that ran the hotel to declare it would shut the property down. That management company, Atmosphere Hospitality Management Services, conceded the hotel to Lodging Host Hotel Corp., which will keep the 772-room hotel open.
The staff of more than 200 will keep their jobs, and the city of Dearborn is working with the owners, Royal Realties, to keep the hotel open.
The hotel still face challenges due to its delinquent property taxes. Dearborn code says a hotel license cannot be issued if personal property taxes are not paid.