Chesapeake Lodging Trust Acquires Hyatt Place in Midtown

CHANGE MARKET : LOS ANGELES

PEOPLE LIKE THIS ON FACEBOOK

Haute Living Los Angeles March/April 2012

Chesapeake Lodging Trust Acquires Hyatt Place in Midtown

by Haley Friedlich

Chesapeake Lodging, a self-advised lodging real estate investment trust (REIT) that focuses on up-scale hotels, is acquiring it’s second hotel in New York City, the Hyatt Place in Midtown South. The company will pay $76.5 million for the acquistion, $414,000 per room, as well as providing $6.5 million for financing to help complete the development of the hotel.

The Hyatt Place is a 25-story, 185-bedroom hotel. The room will be equipped with an HV C system, upgraded stylish bathrooms with glass-enclosed showers and granite vanity tops, a 42” high definiton flat panel TV and other luxury trimmings. There are also four suites on the top floor with private terraces.

Like Haute Living New York? Join our Facebook page or follow us on Twitter @HauteLivingNY. Want Haute Living New York delivered to your in box once a week? Sign up for our newsletter.

Jan 31, 2012 12:40 PM

Read 83 Times

Haute 100 New York Update: Andrew Farkas' C-III Capital Partners Acquires NAI Global

C-III Capital Partners, led by Haute 100 lister Andrew Farkas, completed its acquisition of NAI Global. The former firm, C-III Capital Partners, provides in the arenas of innovative real estate equity and debt solutions.

by Haley Friedlich, Feb 8, 2012 6:35 PM

Hyatt Regency Moscow To Open In 2015

The Hyatt Hotels Corporation and VTB Arena Park announced the project launch of Hyatt Regency Moscow, expected to open in 2015. This will be part of the Arena Park redevelopment, which includes Moscow’s famed Dynamo football stadium.

by Haley Friedlich, Mar 21, 2012 3:57 AM

Thailand's First Hyatt Scheduled To Open 2014 In Bangkok

Construction on Hyatt Hotels' first property in Thailand is already underway, and the opening is scheduled for 2014. The Hyatt Bangkok is located close to Central Chidlom, and its predicted that it'll serve as a landmark for high-end travelers and one of the top hotels in the city.

by Julia Jacobo, Feb 29, 2012 1:38 AM

Park Hyatt’s First Thailand Property to Open in Bangkok

Hyatt Hotels has just announced that they are building an architecturally stunning new Park Hyatt in the center of Bangkok’s business district. The new hotel will feature a twisting coil for the combined hotel and retail complex.

by Alison Cavatore, Feb 22, 2012 1:49 AM

Treatment to Try: The HydraFacial at Stillwater Spa

Seasonal changes can leave skin dry and dull, but the non-invasive HydraFacial offered at the Hyatt Regency Lake Tahoe's Stillwater Spa is designed to make a difference.

by Renee Brincks, Oct 15, 2011 4:01 AM

Haute Time: Swatch Group Acquires Simon Et Membrez

Swatch Group recently announced that it has purchased watch case manufacturer Simon Et Membrez for an undisclosed amount.

by Anna Dysinger, Apr 13, 2012 11:02 AM

Haute 100 Miami Update: Donald Trump Acquires his 11th Golf Resort

With an already legendary career and countless successful ventures under his belt, it doesn’t look like entrepreneur and Haute 100 Miami lister, Donald Trump, is slowing down.

by Regina Arriola, Apr 11, 2012 12:25 PM

Haute 100 San Francisco Update: Larry Ellison’s Oracle Acquires Taleo Corp.

Larry Ellison’s Oracle, a business hardware and software systems company, just made its second purchase in just three months. The firm acquired Taleo Corp, a human-resources software company, for $1.9 billion.

by Alexandra Delgado, Feb 9, 2012 8:27 AM

Grand Hyatt San Francisco Unveils Renovations

Views from the Grand Hyatt San Francisco's 30-plus floors are spectacular -- and now, thanks to a $70 million renovation project, the hotel's interior also turns heads.

by Renee Brincks, Nov 16, 2011 9:43 PM

Spend New Year's Eve at the Grand Hyatt Royal San Francisco

The countdown to NYE 2012 is on...Have you made your plans yet? The newly renovated upscale Grand Hyatt Ballroom will hold a swanky affair perfect for couples and large groups. For $110, guests will enjoy cocktails (premium open bar!), hor d'oeuvres, dessert, and dancing all night long. VIPs wi...

by Angella Sprauve, Dec 29, 2011 4:16 PM