UNITE HERE has launched a domain for owners of hotels managed by Hyatt Hotels Corporation. HyattMismanaged.org examines Hyatt’s performance as hotel manager for its owners and gives a database of management agreements, leases, and other public records. Hyatt plans to expand the variety of hotels under its brand “primarily by going in new management and franchising agreements,” and recently announced its intention to sell six full-service hotels but maintain long-term management agreements. However, Hyatt has recently lost management of high-profile properties in disputes with owners and will be poised to lose more as management agreements expire. HyattMismanaged.org investigates Hyatt’s record as a manager for third-party hotel owners, and raises questions that current and prospective owners of Hyatt hotels should consider, including: How do Hyatt’s management fees and operating expenses compare...
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Hyatt Hotels Corporation announced that a Hyatt affiliate has entered right into a management agreement with an affiliate of Huayuan Property Co., Ltd for a Grand Hyatt hotel in Changsha, Hunan Province in central China. “Changsha has established itself as a huge hub for global business and entertainment, and we’re honored to have the option to bring the Grand Hyatt brand to this kind of great city,” said Mark Hoplamazian, president and chief executive officer of Hyatt Hotels Corporation on the agreement signing in Changsha earlier today. “Throughout our 40 years in China, we have got showed thousands of guests how our associates can meet and exceed their needs, and we glance forward to bringing Hyatt’s signature authentic hospitality to any such dynamic and historic city.” Grand Hyatt Changsha may...
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The Hyatt Place Manhattan/Midtown-South has opened its doors, marking the primary Hyatt Place property to debut in Ny city. The recent Midtown Manhattan location represents a move into downtown urban locations for the upscale select service brand, which has grown by nearly 18 percent up to now three years. The 185-room property features complimentary wifi access, 250 square feet of flexible, high-tech meeting/function space, an intimate Bakery Café featuring specialty coffees, premium beers, wines and cocktails and 24/7 Gallery Menu serving made-to-order entrees and appetizers. Guestrooms feature a 42-inch HDTV, the lush Hyatt Grand Bed and a seven-foot sofa. “New York is a big and exciting market that represents such a lot of opportunities for us as we glance for meaningful growth across our portfolio of brands,” said Rakesh Sarna,...
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