 |
| Hyatt Place Pittsburgh North Shore Hotel, Pittsburgh, PA |
PALM BEACH, FlL, July 29, 2013—Officials with Island
Hospitality, one of the nation’s largest hotel management companies, today
announced that it has been engaged by Chatham Lodging Trust (NYSE:CLDT) to
operate the 178-room Hyatt Place® Pittsburgh/North Shore in Pittsburgh,
Pa.
 |
| Tim Walker |
This engagement marks Island’s sixth Hyatt-branded hotel,
(it currently manages five Hyatt House properties) and its entry into the
growing Pittsburgh market.
The hotel was acquired earlier this year by Chatham Lodging
Trust, a hotel real estate investment trust (REIT) focused on investing in
upscale extended-stay hotels and premium branded select-service hotels.
“Island has enjoyed a long and successful partnership with
Hyatt and their Hyatt Place brand recently was awarded J.D. Power’s highest
ranking for guest satisfaction among upscale hotel brands,” said Tim Walker,
president of Island Hospitality.
“The Pittsburgh Hyatt Place adds this well regarded, premium
brand to our growing portfolio of 77 U.S. hotels and resorts, and 15 different
brands. The hotel is practically new
and the Pittsburgh market is rife with tremendous business and leisure demand
generators.
“We are confident that we can take advantage of the
property’s upside potential.”
For a complete
copy of the company’s news release, please contact:
Lauralee Dobbins
Daly Gray, Inc.
703-435-6293
No comments:
Post a Comment