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Hyatt Hotels Expands in New Orleans with Maison Métier and The Barnett Joining Hyatt’s Portfolio of Affiliated Hotels.
Hyatt | June 25, 2024
Maison Métier and The Barnett plan to join the World of Hyatt loyalty program this year, offering guests and members more stay options and access to the city’s distinct culture CHICAGO (June 25, 2024) – Hyatt Hotels Corporation (NYSE: H) today announced the expansion of Hyatt’s brand presence in New Orleans with Maison Métier (formerly Maison de la Luz) and The Barnett (formerly Ace Hotel New Orleans), which have joined the Hyatt portfolio as affiliated hotels. The hotels are expected to join Hyatt’s Independent Collection of brands and participate in the World of Hyatt loyalty program this year. The two properties are o...
Hard Rock Completes Acquisition of The Mirage Hotel & Casino From MGM for $1.075B
December 20, 2022
LAS VEGAS, Dec. 20, 2022 -- Hard Rock International (HRI) on Friday received regulatory approval from the Nevada Gaming Commission for its acquisition of The Mirage Hotel & Casino from MGM Resorts International. HRI assumed operations control of the property as of 6 a.m. Monday, December 19. Under terms of the transaction, HRI paid $1.075 billion in cash for the operating assets of The Mirage Hotel & Casino. HRI entered into a long-term lease agreement with VICI Properties Inc. for the real estate property of The Mirage. The 3,044-room casino resort will continue to operate as The Mirage Hotel & Ca...
HRI Lodging Assumes Management of Aloft Santa Clara in San Jose, California
HRI Lodging | June 3, 2021
NEW ORLEANS, June 3, 2021 – HRI Lodging, LLC, a leading third-party management company, will assume management of the Aloft Santa Clara in San Jose, California. The 175-room property, located in the bustling technology hub of California’s Silicon Valley, features an outdoor splash pool, a 24-hour re-charge gym, re:fuel at Aloft, a one-stop gourmet grab-and-go food and beverage area, 2,800 sq. ft. of flexible meeting space plus an outdoor deck, and the brand’s signature W XYZ bar. Guestrooms are tech-forward and enhanced by oversized spa showers and bright décor. The hotel is conveniently located in Alviso within the America ...
Hard Rock International (HRI) Acquires Full Intellectual Property Rights to Hard Rock Hotel & Casino® in Las Vegas in Deal With Juniper Capital
Hard Rock | May 13, 2020
HOLLYWOOD, Fla., May 13, 2020 - Hard Rock International (HRI) announced today that the world-renowned entertainment and hospitality brand has purchased all rights to the Hard Rock® brand and related trademarks in Las Vegas from Houston-based private equity firm, Juniper Capital, which purchased the Hard Rock Hotel & Casino® Las Vegas in 2018 from Brookfield Asset Management. The transaction allows HRI exclusive full rights to memorabilia, signage and merchandise, along with intellectual property rights for affiliated restaurant and entertainment trademarks and website domain names. Effective immediately, HRI and its affiliates will no...
Developed by HRI Properties, Homewood Suites by Hilton New Orleans French Quarter Celebrates Grand Opening
HRI Properties | May 23, 2017
NEW ORLEANS (May 23, 2017) – The new Homewood Suites by Hilton New Orleans French Quarter, located at 317 North Rampart Street, hosted its grand opening celebration earlier this month, introducing a bright, spacious and upscale, all-suite, extended-stay hotel to the New Orleans tourism landscape. The opening was marked by the attendance of New Orleans Mayor, Mitch Landrieu and Global Head of Homewood Suites and Home2 Suites by Hilton Adrian Kurre, as well as executives of HRI Properties (HRI) and HRI Lodging (HRIL), Hilton Hotels & Resorts, the Industrial Development Board and Wells Fargo Bank. Palmisano Group was the general ...
HRI and Rockbridge Acquire Country Inn & Suites New Orleans French Quarter
Rockbridge | December 5, 2016
NEW ORLEANS – December 5, 2016 – HRI Properties, LLC (HRI) and investment firm Rockbridge announced today through a joint venture, the acquisition of the Country Inn & Suites New Orleans French Quarter, located at 315 Magazine Street, near the city's central business district. The joint venture, the first between the firms, will be led by Rockbridge. HRI Lodging, LLC (HRIL), a subsidiary of HRI, will manage the 155-room hotel which will undergo major renovations and repositioning beginning second quarter of 2017 and will be completed by late 2017. "We have an opportunity to create a unique and special property in a first...
HRI Properties Acquires 229-Suite DoubleTree by Hilton Hotel Minneapolis; Renovation Planned
HRI Properties, LLC | August 4, 2016
MINNEAPOLIS and NEW ORLEANS, La – August 4, 2016 – HRI Properties, LLC (HRI) announced today it has acquired DoubleTree Suites by Hilton Hotel Minneapolis. The hotel is located at 1101 LaSalle Avenue, six blocks from HRI's owned and managed Embassy Suites by Hilton Minneapolis Downtown opening September 2016. HRI Lodging, LLC (HRIL), a subsidiary of HRI will manage the new property. "DoubleTree Suites by Hilton Hotel Minneapolis is an excellent fit for our portfolio," said Gary Gutierrez, HRIL President and HRI COO. "We are poised for success in the downtown Minneapolis market holding a majority of the all-suite product in t...