Hyatt Hotels Corp. has entered into a management agreement with Waypoint NOLA for a 194-room Hyatt House hotel in New Orleans. The project, an adaptive re-use of an existing 24-story office building, is expected to open in 2015.
Additionally, a second-floor sky bridge will connect the building to the Hyatt Regency New Orleans, which reopened in 2011 following a $275-million redesign and revitalization.
"It has been inspirational to witness Hyatt Regency New Orleans flourish into an integral component of the city's hospitality and tourism industries," said Christopher Robertson, owner and developer of Waypoint NOLA. "Encouraged by this outstanding success, I am pleased to introduce the HYATT house brand to this thriving market. We envision multiple impacts for this property including supporting the expanding group sales efforts at Hyatt Regency New Orleans, providing New Orleans with diversity in room product, accommodating extended stay hotels for the city's advancing medical district, and increasing accessibility to the vibrant sports and entertainment district."
"We are delighted to be working with Chris Robertson on this project. This opportunity allows us to grow our relationship with a valued Hyatt owner, and to contribute to the ongoing economic success of New Orleans," said Jason Gregorek, vice president, real estate and development for Hyatt. "This hotel will play an integral role in continuing to attract visitors to the city, and we look forward to introducing the HYATT house brand to New Orleans."