When the remodeling was finished , the hotel reopened in 1980 as the Grand Hyatt Hotel .
The purchase was funded largely by a $70 million construction loan that was guaranteed jointly by Fred Trump and the Hyatt hotel chain .
When the remodeling was finished , the hotel reopened in 1980 as the Hyatt     .
The purchase was funded largely by a $70 million construction loan that was guaranteed jointly by Fred Trump and the Hyatt hotel chain .