Hyatt Expands in New Orleans
Photo Credit: Exterior of the Mason Metier, a Hyatt hotel in New Orleans, LA. Hyatt Corporation
Skift Take
Hyatt Hotels Corporation announced the addition of Maison Metier and The Barnett in New Orleans to their portfolio, both expected to join Hyatt's independent collections in 2024 under new branding and management by HRI Hospitality.
The DJIA rose 16 points, Nasdaq was up 88, the S&P 500 rose 9 points, and the 10-year treasury yield was up .08 to 4.32%. Lodging stocks were modestly higher. VCSA was up 15%, but AHT fell back to 9% on the day.
STR reported US hotel data for the week ended June 22. US hotel RevPAR fell -2.3% for the week, with rates up only 0.1% year over year. Group RevPAR was down -5.4%. The soft results were due to the Juneteenth holiday falling midweek.
The Westin San Diego Bayview has completed a comprehensive $20 million renovation, including a significant transformation of its 436 guestrooms and suites. The hotel's more than 30,000 square feet of meeting spaces have also been revitalized. The property features onsite dining and a fitness center.
Marriott Bonvoy announced the opening of its new Moxy Hotel in downtown Springfield, Missouri. T
