Fall 2015 Opening Planned for 194-key Hyatt House New Orleans/Downtown, an Adaptive Reuse Project

. August 19, 2015

NEW ORLEANS, LA. August 19, 2015 - Hyatt House New Orleans/Downtown is set to debut fall of 2015. Conveniently located in downtown New Orleans, Hyatt House New Orleans/Downtown will provide guests the service and convenience of hotel living with the casual comforts of home.

"New Orleans has flourished over the past 10 years with current visitor numbers exceeding those before Hurricane Katrina," said Jane Tebbe Shute, general manager, Hyatt House New Orleans/Downtown. "In addition to the city's popularity in the tourism industry, New Orleans' advancing medical district is bringing exciting new developments to the local market. We are excited to introduce those visiting New Orleans to the unique guest experience offered by the Hyatt House brand."

An adaptive reuse of an existing 24-story office building, the 194-room hotel will occupy seven floors within the building and connect to the adjacent Hyatt Regency New Orleans through a second-floor sky bridge. The hotel's location at Poydras Street and Loyola Avenue provides ideal accessibility to the Central Business District, Arts, Sports & Entertainment Districts, and new BioDistrict, as well as popular attractions such as the Mercedes-Benz Superdome, Ernest N. Morial Convention Center, French Quarter, and Mississippi Riverfront.

Hyatt House New Orleans/Downtown will offer: •194-residentially inspired upscale den guestrooms and studio and one-bedroom Kitchen Suites, which feature real kitchens, living spaces and bedrooms •Free Wi-Fi access and remote printing throughout the hotel •Complimentary Morning Spread, a full hot breakfast served daily for guests, a build-your-own Omelet Bar and other rotating savory options like yogurts, fresh fruit and more •H BAR featuring the Sip+Savor Menu, a delicious menu of home-cooked comforts and full bar •636 square feet of flexible, high-tech meeting/function space for business or social gatherings for up to 60 people •Range of public spaces, including a Guest Market, 24-hour Workout Room, guest laundry facilities and social seating throughout the lobby •A Very Important Resident (VIR) program, including complimentary grocery shopping, and other personalized perks, for guests with 30 plus consecutive nights •Borrows program for forgotten items

"The addition of Hyatt House New Orleans/Downtown will not only expand the diversity of room product in the city but also support the continued success of group sales efforts at Hyatt Regency New Orleans with the burgeoning BioDistrict nearby," said Michael Smith, general manager, Hyatt Regency New Orleans. "We are looking forward to working closely with Hyatt House New Orleans/Downtown and welcoming visitors with this exciting new offering."

Hyatt Regency New Orleans was at the heart of the Hurricane Katrina disaster in 2005, serving as a "shelter of last resort" for those unable to evacuate New Orleans and ground zero for many media entities across the country. The hotel reopened in 2011 following a $285 million redesign and renovation. With 1,193 guestrooms, nine innovative culinary options, and 200,000 square feet of meeting space, Hyatt Regency New Orleans is one of the premier hotel destinations in the Crescent City.

HYATT HOUSE NEW ORLEANS/DOWNTOWN LEADERSHIP

Hyatt House New Orleans/Downtown will be under the leadership of General Manager Jane Tebbe Shute and Director of Sales & Marketing at Hyatt Regency New Orleans, Melissa Masitto. In her role, Tebbe Shute will be directly responsible for managing the day-to-day operations of the hotel, including overseeing the hotel's more than 50 associates and ensuring guests encounter the purposeful service for which the Hyatt House brand is known. Tebbe Shute will be joined by Melissa Masitto, Director of Sales & Marketing, who is responsible for providing sales service and support to travelers and meeting planners frequenting the New Orleans area.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, the rate and pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; if our third-party owners, franchisees or development partners are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

About Hyatt House

Hyatt House, a brand of Hyatt Hotels Corporation, launched in 2012 and offers more than 60 locations throughout the United States. Inspired by extensive research of guest experiences, Hyatt House hotels are designed to welcome residents rather than guests and offer services, amenities, upscale spaces and a casual, comfortable environment that reminds guests of home. Residentially inspired studios and one-bedroom Kitchen Suites feature contemporary full kitchens, living space with flat panel HDTVs and bedrooms with a plush bed. Complimentary Wi-Fi is available throughout the hotel. The Morning Spread, a complimentary full hot breakfast for guests featuring a made-to-order Omelet Bar, is served daily and the H BAR features the Sip+Savor menu and full bar. Public spaces include a 24-hour Workout Room, House Market and laundry facilities. A friendly House Host is available to check-in guests, provide directions or help with other needs to help guests feel at home. To learn more about Hyatt House or to book a reservation, visit www.hyatthouse.com or call 866-XS-HYATT (866-974-9288).

About Hyatt Regency New Orleans

Located just steps away from the Mercedes-Benz Superdome in the heart of downtown New Orleans, Hyatt Regency New Orleans is a AAA four-diamond hotel and preferred destination for travelers, boasting 1,193 guestrooms, including 95 suites and four presidential suites. The hotel offers nine innovative culinary options including 8 Block Kitchen & Bar, Vitascope Hall, Bywater Grill, and Borgne, the latest restaurant by award-winning Chef John Besh. With 200,000 sq. ft. of meeting space, top quality finishes, and breathtaking city views, Hyatt Regency New Orleans is a premier hotel destination in the Big Easy. For more information or to book a reservation, visit www.neworleans.hyatt.com or call 504.561.1234.

Contact:
Vivian Chao
Magrino Agency
[email protected]
212.957.3005

Chelsea Brown
[email protected]
212.957.3005

Business Contact:

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