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COOLinary New Orleans…

Aug 25 - 31, 2016
It is going to be a delicious summer!  During the month of August, enjoy… more

Creole Italian…

Aug 25 - Oct 27, 2016
The Southern Food and Beverage Museum is pleased to announce its latest edition… more

David Hansen's Garden…

Aug 25, 2016
Since 2006, Hansen's Garden District Jazz Trio has performed every night at… more

End of the Rainbow…

Aug 25 - Sep 26, 2016
Come join for the exhibition of  End of the Rainbow, which is an extension… more

Entergy Giant Screen…

Aug 25 - Sep 6, 2016
When Dory said "just keep swimming" in 2003's Oscar®-winning film… more

Heart of the House

Aug 25, 2016 - Jan 08, 2026
In The Voodoo Garden, All Ages. Heart of the House puts the spotlight on House… more

New Orleans Museum…

Aug 25 - 31, 2016
New Orleans Museum Month, now in its third year, is a collaboration between… more

Ogden Museum Presents…

Aug 25 - Sep 18, 2016
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The Contemporary Arts…

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Artists and founders Dawn DeDeaux, Jeanne Nathan, and Robert Tannen join… more

The Southern Food and…

Aug 25 - 25, 2016
In this new weekly program, guests will learn about the origin of Creole… more

Thursdays at Twilight…

Aug 25 - 25, 2016
The weekly Thursdays at Twilight series showcases some of the finest musicians… more

Tujague's Presents…

Aug 25 - 25, 2016
In celebration of Tujague's 160th Anniversary, the French Quarter dining… more

Tujague's Presents…

Aug 25 - 25, 2016
In celebration of Tujague's 160th Anniversary, the French Quarter dining… more

United States Marine…

Aug 25 - 28, 2016
Join us for Vietnam Wall in City Park. Veterans and active duty members of… more

29th Annual Fall…

Aug 26 - 28, 2016
This year’s show will feature exhibitors who have the latest products in… more

House of Blues…

Aug 26 - Dec 30, 2016
Every Friday join us in the Voodoo Garden for live music, beer and drink… more

New Orleans Museum of…

Aug 26 - 26, 2016
In conjunction with NOMA's special exhibition The Essence of Things:Design and… more

New Orleans Saints vs…

Aug 26 - 26, 2016
The New Orleans Saints kickoff their first preseason home game in the… more

Stoned vs Drunk vs…

Aug 26 - 26, 2016
Join us at the New Movement for a stand -up comedy challenge. Also, enjoy… more

The Franchise

Aug 26 - Dec 30, 2016
The best of the cream of the crop. A showcase of the heavyweights. The… more

COOLinary New Orleans…

Aug 25 - 31, 2016
It is going to be a delicious summer!  During the month of August, enjoy… more

Hotel New Orleans will Reflag as First Hyatt Place in New Orleans

FOR IMMEDIATE RELEASE
Media Contact:

Sarah Gagnon
VP of Sales, HRI Lodging
(504) 585-1902
(504) 812-6393 (cell)
sgagnon@hriproperties.com

Tom Long
Thomas Long Corporate Communications
504-283-8522
504-669-3030 (cell)
tom@thomaslong.net

HOTEL NEW ORLEANS, WILL REFLAG AS FIRST HYATT PLACE IN NEW ORLEANS
New owner will launch major renovation this summer

New Orleans, LA (July 15, 2011)— Hotel New Orleans Holdings, LLC a joint venture between affiliates of HRI Properties and Interwest Capital Corporation, has purchased the Hotel New Orleans located across the street from the Ernest N. Morial New Orleans Convention Center and under a franchise agreement with an affiliate of Hyatt Hotels Corporation, will rename the property Hyatt Place New Orleans Convention Center, announced Gary Gutierrez, president of HRI Lodging, Inc. FBR Capital Markets acted as exclusive advisor to HRI Properties on the transaction.

The eight-story, 170-room hotel will undergo an extensive renovation starting in the third quarter of 2011 and is expected to be re-branded as Hyatt Place in the first quarter of 2012 following the completion of the renovation and repositioning of the property, said Gutierrez.

Hotel New Orleans will be managed by HRI Lodging, which currently manages the Chateau Bourbon, A Wyndham Hotel in the French Quarter and Hilton Garden Inn French Quarter/CBD in New Orleans, as well as hotels in Shreveport, LA; Jackson, MS and Richmond, VA. Until the conversion is completed, information about the property is at www.thehotelnewoleans.com.

“We are excited about our affiliation with the joint venture as we transform the city’s first Hyatt Place into the one of the most desirable properties in New Orleans,” said Gutierrez. “The hotel’s strategic location directly across the street from the New Orleans Convention Center makes this property the most attractive option in the area for corporate meetings, executive accommodations and cruise ship visitors,” he added.

The hotel features a soaring six-story atrium, lobby level lounge and restaurant, a fitness center, a business center and valet parking.

"The number of Hyatt Place locations in the U.S. continues to grow, with 161 hotels open today,” said Chris Ivy, senior vice president, real estate and development for Hyatt Hotels and Resorts, “and more than 30 new properties under development in the U.S., Costa Rica, India, the Netherlands, Panama and Saudi Arabia.”

Launched in 2006, Hyatt Place brings to the upscale select-service hotel category the authentic hospitality for which Hyatt is known. Inspired by multitasking travellers’ 24/7 lifestyle, Hyatt Place combines stylish design and practical amenities with forward-thinking technology and purposeful service. Hyatt Place hotels feature complimentary Wi-Fi access, complimentary continental breakfast, a StayFit@Hyatt fitness center, a coffee and wine bar serving specialty coffees and premium wine and beer, and a Grab ’n Go case stocked with freshly made sandwiches and salads. Guest Kitchens offer made-to-order breakfast, lunch and dinner entrées around the clock. Specially trained gallery hosts offer assistance with everything from directions to check-in to a freshly made meal.

The hotel opened in 1996 on the site of the Vatican Pavilion of the 1984 World’s Fair that transformed the New Orleans riverfront and created the Warehouse District, which HRI Properties pioneered as a residential neighborhood.

About HRI Properties
Based in New Orleans, HRI Properties (HRI) is a full-service real estate development company and a national leader in the adaptive reuse of historic structures. HRI’s mission is revitalizing cities by creating diverse, vibrant, sustainable communities. For more information, go to www.hriproperties.com.

HRI Lodging owns and operates hotel properties in New Orleans, LA; Shreveport, LA; Jackson, MS and Richmond, VA. HRI hotels include restoration of the D.H. Holmes department store in New Orleans into the Chateau Bourbon Hotel; the King Edward Hotel in Jackson and the Miller & Rhoads department store in Richmond, both of which fly the Hilton Garden Inn flag. For more information, go to www.hrilodging.com.

About Interwest Capital Corporation
Interwest Capital Corporation is a La Jolla, CA based financial services firm that specializes in the acquisition of performing and non-performing commercial real estate loans and loan portfolios as well as direct opportunistic real estate investments.