Hyatt Hotels Corporation (NYSE: H) announced yesterday that a Hyatt affiliate has entered into a management agreement with R.C. Hedreen Company for the operation of a Hyatt Regency hotel currently under development in Seattle, Wash. Expected to open in mid-2018, the premium, full service hotel will be located in Seattle’s Denny Triangle neighborhood at 8th and 9th Avenues between Stewart and Howell Streets in downtown Seattle.
“Developing a Hyatt Regency hotel in downtown Seattle is consistent with our company’s objective to grow strategically in gateway destinations where our guests want us to be, and to do so with great owners and developers like R.C. Hedreen Company,” said David Tarr, senior vice president of real estate and development, Hyatt. “We look forward to offering our guests and Hyatt’s loyal group of meeting and event planners an outstanding new lodging option in the heart of this dynamic city.”
The Hyatt Regency brand experience is designed around one objective: to connect today’s travelers to who and what matters most to them. Hyatt Regency Seattle is set to be the largest hotel in the Pacific Northwest, offering 1,260 smartly designed guestrooms, more than 100,000 square feet of flexible meeting and event facilities, multiple food and beverage outlets, and an expansive Regency Club lounge. The hotel will be located two blocks from the existing Washington State Convention Center and immediately adjacent to the proposed convention center expansion, making Hyatt Regency Seattle an ideal base for convention attendees.
“The construction and operation of Hyatt Regency Seattle is a major economic win for the entire Seattle area and Pacific Northwest region, creating jobs, revenue and a world-class hotel experience for travelers and meeting and event planners,” said Richard C. Hedreen, chairman, R.C. Hedreen Company. “We are excited to bring a Hyatt Regency hotel to Seattle, and believe the globally recognized brand will resonate with the growing base of business and leisure travelers visiting the city.”
Hyatt Regency Seattle will be located in the center of Seattle and proximate to Pike Place Market, the Space Needle and the Seattle Aquarium, as well as Seattle’s Capitol Hill and Lake Union neighborhoods, connecting guests to retail and dining, entertainment and nightlife venues.
R.C. Hedreen Company currently owns Grand Hyatt Seattle and Hyatt at Olive 8.
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