Iconic hotel in Galveston, Texas, will change hands

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The historic Hotel Galvez and Spa in Galveston, Texas, where presidents and Hollywood celebrities laid their heads over the years, is being purchased by Dallas hotelier Mark Wyant. The 224-key beachfront hotel is being sold by the heirs of the late prominent oilman and fracking pioneer George P. Mitchell, who acquired it in 1995 and restored its 1911 ambiance.

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