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Chesapeake Lodging Trust Acquires Hyatt Santa Barbara

Chesapeake Lodging Trust Acquires Hyatt Santa Barbara

ANNAPOLIS, Md.—Chesapeake Lodging Trust and Hyatt Hotels Corporation announced that Chesapeake 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 ...

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Hyatt Regency McCormick Place Completes Expansion and Renovation

Hyatt Regency McCormick Place Completes Expansion and Renovation

CHICAGO—Hyatt Regency McCormick Place announced that its multi-million dollar expansion and renovation is now complete. The hotel’s owner, Metropolitan Pier and Exposition Authority (MPEA), has invested $110 million in the total renovation of the hotel, providing a new guestroom tower ...

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Hyatt Place Seoul to Open in 2016

Hyatt Place Seoul to Open in 2016

CHICAGO—Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with KY Development Co., a Seoul based manufacturing and distribution company, for a Hyatt Place hotel in Seoul. The hotel will be the first Hyatt ...

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Hyatt Regency Newport Beach Hotel Completes Renovation

Hyatt Regency Newport Beach Hotel Completes Renovation

NEWPORT BEACH, Calif.—The Hyatt Regency Newport Beach announced the completion of its comprehensive $15 million renovation, which began in November 2012. The hotel received a complete upgrade that encompassed all aspects of the property. “With this complete renovation, the Hyatt ...

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Denver Area Hotel to be Converted to Hyatt Place

Denver Area Hotel to be Converted to Hyatt Place

CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a franchise agreement with affiliates of DiNapoli Capital Partners and Rockwood Capital for a hotel in the Cherry Creek-Glendale neighborhood of Denver. Following nearly $10 million in property-wide capital ...

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Hyatt Plans for Grand Hyatt Hotel in Changsha

CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with an affiliate of Huayuan Property Co. for a Grand Hyatt hotel in Changsha, Hunan Province in central China. “Changsha has established itself as a major ...

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