hyatt regency portland at the oregon convention center
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...
