Playa Hotels & Resorts Acquires the Former Ritz-Carlton Golf & Spa Resort in Rose Hall, Jamaica

Playa Hotels & Resorts | September 4, 2013

To Commence Enhancement and Expansion Project with Plans to Re-Launch in 2014 as One of the First Hyatt Branded All-Inclusive Luxury Resorts FAIRFAX, Va., Sept. 4, 2013 -- Playa Hotels & Resorts B.V. (the "Company"), a leading owner, operator and developer of all-inclusive beach resorts, announced today the completion of its acquisition of a resort that operated until recently as The Ritz-Carlton Golf & Spa Resort, Rose Hall, Jamaica (the "Resort"). The Company is planning to commence a major enhancement and expansion project later this month, which is expected to be completed spring 2014. The Resort will be re-launched as Hyatt...

Andaz Maui at Wailea Resort & Spa Opens as First Andaz at a Destination Resort & 10th for Brand

Andaz Maui at Wailea Resort & Spa | September 3, 2013

MAUI, HAWAII (September 3, 2013) – Following an authentic Hawaiian blessing ceremony presided over by cultural practitioner Kahuna Nui Kapono'ai Molitau, Andaz Maui at Wailea Resort & Spa has officially opened its doors and is welcoming guests to experience its impressive design, amenities, approachable service, and beachfront destination. The opening of Andaz Maui at Wailea marks the 10th hotel to join the Andaz brand and is the first Andaz hotel located in a resort destination. As with all Andaz properties, the hotel will create inspiring experiences through culturally rich offerings that help guests feel more like locals. "We a...

Hyatt to Acquire Florida’s 1,641-room Peabody Orlando Hotel for $717 Million

Hyatt Hotels Corporation | August 28, 2013

To be Rebranded as Hyatt Regency Orlando Convention Center Upon October 1st Transaction Closing CHICAGO - August 28, 2013 - Hyatt Hotels Corporation (NYSE: H) today announced that a wholly owned Hyatt subsidiary plans to purchase the 1,641-room Peabody Orlando hotel for $717 million from UST Hotel Joint Venture, Ltd., comprised of affiliates of Belz Enterprises and Estein & Associates USA, Ltd. The transaction is expected to close on October 1, 2013, and the hotel will be rebranded as Hyatt Regency Orlando Convention Center upon closing. "This transaction brings us a very high-quality hotel in one of the most popular cities in the w...

The 419-room Hyatt Chicago Magnificent Mile Completes $25 Million Transformation

Hyatt Chicago Magnificent Mile | August 19, 2013

Level 2 Restaurant Opens as Part of Complete Renovation CHICAGO, IL (August 19, 2013) - Hyatt Chicago Magnificent Mile today announced the completion of the hotel's comprehensive, $25 million renovation. The hotel's 419 guest rooms, meeting and banquet space, lobby, indoor pool and fitness center have all received a dramatic refurbishment in customer convenience, design and furnishings. As part of this transformation, the hotel introduces a new, signature restaurant, Level 2, featuring contemporary American cuisine. Located at 633 North Saint Clair Street, the transformed Hyatt Chicago Magnificent Mile is now as stunning as it is conven...

The 257-room Hyatt Chicago The Loop to Open in Chicago’s Central Business District in 2015

Hyatt | July 31, 2013

CHICAGO (July 31, 2013) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with Integrated Clark Monroe, LLC for Hyatt Chicago The Loop, a hotel to be located at 100 West Monroe Street in Chicago's central business district. The project will be developed by Integrated Clark Monroe, which is led by John T. Murphy. Construction is expected to commence in late 2013, and Hyatt Chicago The Loop is slated to open in 2015. "Chicago is a world-class city and key business and leisure destination, and while we have Hyatt-branded hotels throughout the city, Hyatt Chicago The Loop wi...

The 353-room Grand Hyatt Shenyang Opens in Northeast China

Grand Hyatt Hotels | July 29, 2013

CHICAGO (July 29, 2013) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Grand Hyatt Shenyang, the first Hyatt-branded hotel in Northeast China that will provide a new level of upscale sophistication to business and leisure travelers in Shenyang, the capital of Liaoning Province. The hotel's style will mirror the city of Shenyang, the largest city in Northeast China, melding ancient culture with vibrant modernity. "The opening of Grand Hyatt Shenyang expands our brand presence in China and supports our development strategy of building in key gateway cities and markets where our guests are traveling," said Christopher...

Hyatt Affiliate and Kamala Bay Ventures to Open Hyatt Regency Phuket Resort in Thailand in Late 2013

Kamala Bay Ventures | July 26, 2013

CHICAGO (July 26, 2013) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Kamala Bay Ventures Co., Ltd. for a Hyatt Regency hotel in Phuket, Thailand. The hotel will be the first Hyatt-branded resort to open in Phuket, one of Southeast Asia's premier resort destinations. Expected to open in late 2013, Hyatt Regency Phuket Resort will join two existing Hyatt-branded hotels in Thailand, including Grand Hyatt Erawan Bangkok and Hyatt Regency Hua Hin. "We are excited to bring the Hyatt Regency brand to one of the region's most sought after resort destinations," said Ra...

Hyatt Plans to Enter the All-Inclusive Resort Segment in Partnership with Playa Hotels & Resorts

Hyatt Hotels Corporation | July 19, 2013

CHICAGO (July 19, 2013) – Hyatt Hotels Corporation (NYSE: H) today announced that a wholly owned Hyatt subsidiary plans to enter the all-inclusive segment in partnership with Playa Hotels & Resorts B.V. ("Playa"). Playa was created with the goal of becoming a leading owner, operator and developer of all-inclusive resorts. Hyatt expects to invest a total of $325 million, consisting of $100 million for an approximate 20 percent ownership stake in Playa and $225 million for convertible preferred stock in Playa. Playa's hotel portfolio will include 13 resorts totaling approximately 5,800 rooms across the Dominican Republic, Mexico and Ja...

Hyatt Hotels and Noble Investment Group Open the 194-room Hyatt Atlanta Midtown in Georgia

Hyatt | July 18, 2013

ATLANTA (July 18, 2013) – Hyatt Hotels Corporation (NYSE: H) and Noble Investment Group ("Noble") today announced the opening of Hyatt Atlanta Midtown in Atlanta. The 194-room hotel is prominently located on the corner of Peachtree Street and 10th Street in the heart of the urban Midtown Mile, Atlanta's celebrated commercial, retail and cultural walking district. Hyatt Atlanta Midtown is adjacent to Class A office tower 999 Peachtree and directly across the Atlanta Federal Reserve Bank. The hotel is proximate to Georgia Tech University, Emory University Hospital Midtown and the corporate headquarters for The Coca-Cola Company, Equifax...

Nassy Saidian Named General Manager for Pennsylvania’s 172-room Hyatt at The Bellevue Philadelphia

Hyatt at The Bellevue | July 12, 2013

PHILADELPHIA, PA (July 12, 2013) - Hyatt at The Bellevue Philadelphia has announced the appointment of Nassy Saidian as General Manager, effective immediately. Nassy has a long history with Hyatt Hotels Corporation, which spans 30 years in North America. Most recently, Nassy was General Manager of Hyatt Regency Rochester, a position he held since 2007. Prior to the Rochester post, Saidian was Executive Assistant Manager at Hyatt Regency Dallas, Hyatt Regency Crown Center Kansas City, Hyatt Regency Cambridge Massachusetts and Hyatt Regency Coral Cables Florida. Nassy's long history at Hyatt includes earlier roles at Hyatt Regency Chicago...

SiteMinder Named a Global Channel Manager Vendor for Hyatt Hotels & Resorts

SiteMinder | July 2, 2013

July 2, 2013 -- Global online distributor, SiteMinder, has today been named one of the preferred channel manager vendors for global hotel chain, Hyatt Hotels & Resorts. SiteMinder is set to assist in effectively managing the online distribution of Hyatt's distinct brand portfolio. "The newly established relationship with a globally recognised hotel group, Hyatt, is a vote of confidence in SiteMinder's ability to bolster the group's online visibility. A milestone achievement, we now look forward to forging a stronger relationship with Hyatt – one that is mutually beneficial and drives business results," said David Williams, Executive ...

UNITE HERE and Hyatt Reach National Agreement Resolving Longstanding Disputes

UNITE HERE | July 2, 2013

Pact Provides Contracts and Process for Workers to Join Union, Ends Global Hyatt Boycott CHICAGO (July 2, 2013) — Today Hyatt Hotels Corporation and UNITE HERE, the union of hospitality workers in the U.S. and Canada, announced a national agreement that resolves longstanding disputes between the two organizations. The agreement creates a framework for the company and the union to work together moving forward. Both UNITE HERE and Hyatt hailed the pact as a positive step. The agreement will go into effect upon the settlement and ratification of union contracts by Hyatt associates in San Francisco, Honolulu, Los Angeles, and Chicago. Pe...

Chesapeake Lodging Trust Acquires California’s 171-room Hyatt Santa Barbara for $305,000 per key

Chesapeake Lodging Trust | June 28, 2013

ANNAPOLIS, Md. (June 28, 2013) – Chesapeake Lodging Trust (NYSE: CHSP) (the "Trust") and Hyatt Hotels Corporation (NYSE: H) ("Hyatt") announced today that the Trust has acquired the fee simple interest in the Hyatt Santa Barbara and two adjoining properties totaling 200 rooms from a Hyatt affiliate for $61.0 million, or approximately $305,000 per key. The Trust entered into a management agreement with HEI Hotels and Resorts to operate the hotel under a franchise agreement with a Hyatt affiliate. "We are very excited to acquire the recently renovated Hyatt Santa Barbara while we continue to grow our relationship with Hyatt," stated Jam...

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