hyatt regency portland
Xenia Hotels & Resorts Acquires Hyatt Regency Portland at The Oregon Convention Center for $190 Million
Xenia Hotels & Resorts, Inc. | December 19, 2019
ORLANDO, Fla., Dec. 19, 2019 -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has acquired the newly developed 600-room Hyatt Regency Portland at the Oregon Convention Center located in Portland, Oregon for a purchase price of $190 million, or approximately $317,000 per key. The purchase price includes the complete development cost of the hotel, as well as pre-opening and startup costs, working capital, and all supplies to ensure the hotel was fully operational upon opening. The acquisition was funded with cash available on the Company's balance sheet and its senior unsecured credit facility. Â...
Hyatt Regency Portland at the Oregon Convention Center Opens as City’s First Convention Center Hotel
Hyatt Regency Portland at the Oregon Convention Center | December 19, 2019
PORTLAND, Ore. (December 19, 2019) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Hyatt Regency Portland at the Oregon Convention Center, marking the opening of the city’s first convention center hotel. The hotel is located in the heart of Portland, just steps from the newly renovated Oregon Convention Center, local sport and concert arena Moda Center, and high-end eateries and breweries in the burgeoning Lloyd neighborhood. Portland’s MAX Light Rail is directly outside the hotel, offering easy transportation to downtown Portland, the quirky Eastside, and Portland International Airport (PDX). Hyatt Regency Port...
Key Executives Appointed for New Hyatt Regency and Hyatt Centric Hotels Opening in Portland, Oregon
Hyatt Regency Portland at the Oregon Convention Center | November 13, 2019
PORTLAND, Ore. (November 13, 2019) – Ahead of the winter openings of Hyatt Regency Portland at the Oregon Convention Center and Hyatt Centric Downtown Portland, the hotels announce executive appointments for their leadership teams. Hospitality veteran Shane Nicolopoulos has been appointed general manager of Hyatt Regency Portland at the Oregon Convention Center, slated to open December 19, 2019. In his new role, Nicolopoulos will oversee all property and opening operations for the hotel including 600 well-appointed guestrooms, an estimated 300 colleagues, and all food and beverage operations. Nicolopoulos has grown his 20-year hospitalit...
Metro, Mortenson and Hyatt Break Ground on 600-Room Hyatt Regency Portland at the Oregon Convention Center
Hyatt Regency | August 7, 2017
PORTLAND, Ore. (August 7, 2017) – Metro, Mortenson and Hyatt today broke ground on the long-awaited 600-room Hyatt Regency Portland in the city's Lloyd District. Slated for completion in 2019, the $220 million project is expected to draw new events and hundreds of thousands of new visitors to the region, while magnifying the Oregon Convention Center's role as an economic engine. The Hyatt Regency brand experience is designed around one objective: to connect today's travelers to who and what matters most to them. Located north of the existing Oregon Convention Center, the 14-story Hyatt Regency Portland will include 32,000 square f...
