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New Orleans Museum of…

Jul 6 - Sep 7, 2015
Ten Years Gone brings together six artists whose work engages with the broad… more

Tai Chi/Chi Kung

Jul 6 - 6, 2015
NOMA, in collaboration with the East Jefferson Wellness Center offers wellness… more

LIVE BAND KARAOKE…

Jul 7 - 28, 2015
Rock out on stage with Mixed Nuts as your band! All ages and free each Tuesday… more

Lydia's Purple Cloth…

Jul 7 - 28, 2015
Quilting continues! We're excited to have more time to work on creations… more

Octavia Art Gallery -…

Jul 7 - 25, 2015
This summer, Octavia Art Gallery is pleased to present new works by Cuban based… more

Ogden Museum Book…

Jul 7 - 7, 2015
Join us at the Book Club for  Their Eyes Were Watching God by Zora Neale… more

Purchased Lives: New…

Jul 7 - 18, 2015
The Historic New Orleans Collection's newest exhibition, "Purchased… more

The Sweat Social…

Jul 7 - Dec 20, 2015
Designed for wellness travelers visiting New Orleans, the Sweat Social offers… more

Gambit’s 2015…

Jul 8 - 8, 2015
Gambit's 2015 Emerging Chefs Challenge recognizes the next generation of… more

2015 Francisco…

Jul 9 - 9, 2015
The Historic New Orleans Collection's 2015 Francisco Bouligny Lecture will… more

Langlois Girls Night…

Jul 9 - Sep 3, 2015
Bring your friends to Langlois on Thursdays or Fridays this summer for girls'… more

LIVE IMPROV WITH NOLA…

Jul 9 - 30, 2015
Improv Comedy with NOLA ComedySportz is great for all ages. The audience of a… more

San Fermin in Nueva…

Jul 9 - 12, 2015
The 9th Annual Running of the Bulls at San Fermin in Nueva Orleans (SFNO) is… more

Yappy Hour in the…

Jul 9 - 30, 2015
Join us for  Yappy Hour in the Courtyard at Rare Form, to benefit the… more

Friday Nights at NOMA

Jul 10 - 10, 2015
Every Friday evening, come to the museum for activities and entertainment.… more

Smoothie King Center…

Jul 10 - 11, 2015
Garth Brooks is bringing his World Tour with Trisha Yearwood to the Smoothie… more

Toast & Tiki Tails

Jul 10 - 10, 2015
Toasts & Tiki-Tails" will be held at the NO Fleas Market  during… more

Bastille Day Fete

Jul 11 - 11, 2015
Celebrate the French National Day in America's French City with live music,… more

Offsite Adoption,…

Jul 11 - 11, 2015
Offsite Adoption, sponsored by the Louisiana SPCA will be held at Jefferson… more

Saturday Farmers…

Jul 11 - Dec 26, 2015
We are excited to announce the Saturday Farmers Market at the French Market!… more

New Orleans Museum of…

Jul 6 - Sep 7, 2015
Ten Years Gone brings together six artists whose work engages with the broad… 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.