ERG Enterprises Joins GMB Properties, the Berger Company, Fulcrum Hospitality in Acquiring Hyatt Regency New Orleans

ERG | November 22, 2019

Three New Orleans-based investment firms team on the largest hotel acquisition in Louisiana history NEW ORLEANS, Nov. 22, 2019 -- ERG Enterprises, a New Orleans-based investment company, announces its partnership in acquiring the Hyatt Regency New Orleans, a 1,193-room luxury hotel in downtown New Orleans. The sale represents the largest hotel acquisition in Louisiana history, and the first time the Hyatt Regency will fall under local majority ownership. For the purchase, ERG joins the local ownership team of Gayle Benson and her investment company GMB Properties and The Berger Co., owned by long-time local developer Darryl Ber...