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Monday, May 29, 2023

Two Hyatt-Branded Hotels in Development Near LAX

Dual-branded Hyatt hotels are under development near Los Angeles International Airport at 5959 W. Century Blvd, according to the hotel company and CaRE Development/5959, an affiliate of Westside-based California Real Estate Regional Center.

CaRE Development/5959 entered into a franchise agreement with a Hyatt affiliate to develop the 272-room Hyatt Place LAX and the 129-room Hyatt House LAX, the first such dual-branded Hyatt hotels in Los Angeles. The properties are expected to open in 2020.

Hyatt House will offer apartment-style suites while Hyatt Place “will bring the brand’s intuitive design, casual atmosphere, spacious guestrooms with distinct sleeping and living areas,” according to a company statement.

Brandon Feighner, director at CBRE Group’s hotel consulting unit, discussed the project in an April 30 story titled “Tailwind Pushes LAX Hotels Ahead.”

LAX itself is undergoing a $14 billion renovation, which includes remodeling terminals, transportation improvements and a new concourse.

Real estate reporter Ciaran McEvoy can be reached at cmcevoy@labusinessjournal.com or (323) 556-8337.

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