Manchester Grand Hyatt San Diego Under New Ownership

2011-09-13
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  • Hyatt Announces plans for a renovation of guestrooms, meeting facilities, lounges, restaurants and public space.

    A designer is currently being selected, with work tentatively scheduled to begin in spring 2012, according to the hotel's new owner, a subsidiary of Host Hotels & Resorts, Inc. (NYSE: HST), which purchased the 1,625-room property in March 2011 for $570 million.

    The original tower of Manchester Grand Hyatt San Diego opened in 1992, and the second tower was launched in 2003. Following the renovation, guestrooms will have a contemporary, upscale design with a San Diego look and feel.

    "The renovation will enhance the exceptional service and amenities that guests of the hotel have come to expect," said John Schafer, vice president, managing director, Manchester Grand Hyatt San Diego. "We are very appreciative of our owner's commitment to Hyatt and are thrilled to have a long term agreement to manage the hotel."

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    "Host is excited about our growing role in San Diego's dynamic tourism industry," said Minaz Abji, executive vice president of asset management with Host Hotels & Resorts, Inc. "We are very optimistic about the region's continued success and pleased to be working with Hyatt in serving the area."

    "Having Host own and Hyatt operate one of San Diego's premier convention hotels is good for the city," noted San Diego Mayor Jerry Sanders. "The success of these hospitality-industry icons speaks for itself. Both organizations have outstanding reputations and are important partners in the citywide effort to sustain and grow San Diego's vital tourism industry."

    This announcement of plans to invigorate the downtown Hyatt coincides with several recent, positive actions that cumulatively will play a vital role in the future of San Diego's tourism industry, including the current $1 billion airport expansion and the planned $29.6 million North Embarcadero improvement project.

    With this relationship, both Hyatt and Host continue to increase their presence in San Diego. Since 2010, Hyatt has added Park Hyatt Aviara Resort, Andaz San Diego and Hyatt Summerfield Suites San Diego/Carlsbad to its roster of longtime San Diego properties: Hyatt Regency Mission Bay Spa and Marina, Hyatt Regency La Jolla and Manchester Grand Hyatt. Host's acquisition of Manchester Grand Hyatt brings the number of San Diego area hotel rooms it owns to over 4,600.

    Located on the Gaslamp Quarter's waterfront, Manchester Grand Hyatt San Diego overlooks San Diego Bay and many rooms offer spectacular views of the Pacific Ocean too. This urban resort defines San Diego's skyline and is comprised of two stylish towers, the 33-story Seaport Tower and the 40-story Harbor Tower, the latter of which is 497-feet tall, making it the tallest building on the west coast waterfront. Connecting the two towers is a four-story building that boasts a rooftop pool with a 25,000 square-foot deck. The stylish Hyatt includes 95 one-and-two-bedroom suites, Kin Spa with a full-service salon and an adults-only pool at adjacent Kin Oasis, tennis courts, bay-view pool and deck, a fitness center and several award-winning restaurants and lounges -- most all overlooking the bay. It is adjacent to Seaport Village, near Horton Plaza and convenient to San Diego International Airport, San Diego Zoo and Sea World.

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