hyatt regency austin
Host Hotels & Resorts Acquires Hyatt Regency Austin for $161 Million
Host Hotels & Resorts | March 17, 2021
BETHESDA, Md. - March 17, 2021 - Host Hotels & Resorts, Inc., the nation’s largest lodging real estate investment trust (“REIT”), today announced that it has acquired the fee simple interest in the 448-room Hyatt Regency Austin in Austin, Texas for approximately $161 million in cash. The purchase price represents a 10.0% capitalization rate and an 8.8x EBITDA multiple based on 2019 actual results(1) and reflects a 20-25% discount to pre COVID-19 pricing based on comparable publicly-disclosed hotel sales.(2) Hyatt will continue to manage Hyatt Regency Austin under a long-term management agreement. James F. Risoleo, President and...
Hyatt Regency Austin Appoints Jeff Donahoe as General Manager
Hyatt Regency Austin | August 21, 2019
Austin, Texas (August 21, 2019) – Hyatt Regency Austin, located on the shores of Lady Bird Lake in downtown Austin, has named Jeff Donahoe as general manager. “I am thrilled to join the incredible team at Hyatt Regency Austin,” said Jeff Donahoe, general manager. “First and foremost, my goals are built on the foundation of Hyatt’s purpose of caring for people so they can be their best. This property is iconic to the downtown Austin skyline and has a history of performing very well. My goal is to ensure that the operation continues to perform at a high level while also addressing the changes in the city’s competitive environment...
Hyatt Regency Austin Appoints Jeff Ouradnik as Director of Sales and Marketing
Hyatt Regency Austin | January 15, 2019
Austin, Texas (January 15, 2019) – Hyatt Regency Austin, located on the shores of Lady Bird Lake in downtown Austin, has named Jeff Ouradnik as director of sales and marketing. Ouradnik joins the property from Hyatt Regency Lake Washington in the Seattle area. "We are thrilled to welcome Jeff to Hyatt Regency Austin," said Dan Johnson, general manager at Hyatt Regency Austin. "Jeff brings an extensive amount of experience, excitement and talent to his work and he has a true passion for creating the best possible workplace for his colleagues. He is going to be an invaluable asset to our team." Recognizing his 10-year anniversary wi...
Hyatt Regency Austin Welcomes Reese Hay as New Executive Chef
Hyatt Regency Austin | October 5, 2017
Austin, Texas (October 5, 2017) – Hyatt Regency Austin, located on the shores of Lady Bird Lake in downtown Austin, has announced Reese Hay as its new executive chef. Hay joins the hotel from Hyatt Regency Columbus in Ohio. "I'm very excited to join the Hyatt Regency Austin team," said Reese Hay, executive chef at Hyatt Regency Austin. "When you look at the history of this hotel, it has a great reputation and is well known for a having quality product and presentation. As most of my career has been spent in smaller boutique hotels or resorts, I look forward to working in such a large volume hotel that features high-end dining for ...
Dan Johnson Appointed General Manager of Hyatt Regency Austin
Hyatt Regency Austin | September 12, 2017
Austin, Texas (September 12, 2017) – Hyatt Regency Austin, located on the shores of Lady Bird Lake in downtown Austin, has announced Dan Johnson as its new general manager. He joins the property from Hyatt Regency Savannah in Georgia. "I am thrilled to join such a talented team here at Hyatt Regency Austin," said Dan Johnson, general manager. "My goal is to nurture this care-driven and purpose-led operation to the next level. Our culture of care is a reflection of our passion for creating memories for others. Our purpose is to make a difference in the lives of all we touch." As general manager, Johnson is tasked with leading the p...
Hyatt Regency Austin Names Adam Edelman as Director of Food and Beverage
Hyatt Regency Austin | March 7, 2017
Austin, Texas (March 7, 2017) – Hyatt Regency Austin, located on the shores of Lady Bird Lake in downtown Austin, has hired Adam Edelman as director of food and beverage. He joins the property from Hyatt Regency San Francisco where he was assistant director of operations. "We are very excited to announce Adam Edelman as director of food and beverage at Hyatt Regency Austin," said Michael Murphy, general manager of Hyatt Regency Austin. "With his extensive experience and passion for the industry, Adam is going to be a great addition to our team." As director of food and beverage, Edelman will oversee each of the hotel's restaurant ...
Hyatt Regency Austin Names Chris Howard as New Director of Sales and Marketing
Hyatt Regency Austin | October 26, 2016
Austin, Texas (October 26, 2016) – Hyatt Regency Austin, located on the shores of Lady Bird Lake in downtown Austin, has announced Chris Howard as its new director of sales and marketing. Howard joins the hotel from Hyatt Regency New Brunswick where he was the director of sales and marketing. "We are very excited to welcome Chris Howard to Hyatt Regency Austin," said Michael Murphy, general manager of Hyatt Regency Austin. "Chris has invaluable experience working with Hyatt properties throughout the country, and we know he will be a great addition to our team." As director of sales and marketing, Howard will oversee the hotel's ma...
Hyatt Regency Austin Appoints Kressa Olguin as New Marketing Manager
Hyatt Regency Austin | August 9, 2016
Austin, Texas (August 9, 2016) – Hyatt Regency Austin, located on the shores of Lady Bird Lake in downtown Austin, has hired Kressa Olguin as its new marketing manager. Olguin joins the property from Hyatt Regency Monterey Hotel and Spa where she was a group sales manager. "Hyatt Regency Austin is pleased to welcome Kressa as marketing manager," said Michael Murphy, general manager of Hyatt Regency Austin. "With her extensive experience within Hyatt and her expertise in marketing, communications, and social media, Kressa is going to be an invaluable asset to our team." As marketing manager, Olguin will oversee the hotel's marketin...
