Park Hyatt Is Making A Return To Los Angeles

Park Hyatt Is Making A Return To Los Angeles

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All things considered, Hyatt’s footprint in Los Angeles is quite small. There used to be a Park Hyatt in Los Angeles, which eventually become the InterContinental Century City. Earlier this year the Hyatt Regency Century Plaza closed, as the building is undergoing a $2.5 billion overhaul. While the hotel will eventually reopen, it won’t be a Hyatt Regency anymore (with that kind of an investment, I’m guessing they’re opening a five star hotel).

Well, for those who like the Park Hyatt brand, there’s good news. A Park Hyatt is scheduled to open in downtown Los Angeles in early 2019.

The hotel will be part of a $1 billion mixed-use project called Oceanwide Plaza, which is being developed by Chinese conglomerate Oceanwide Holdings.

Per the Wall Street Journal:

The deal marks the latest step in Beijing-based Oceanwide’s first U.S. project, which is scheduled to open in early 2019 and includes 504 condominium units, a 166,000-square-foot galleria and a 700-foot-tall LED display.

park-hyatt-los-angeles

While not my favorite part of LA, downtown is certainly up and coming, and a much nicer area than it was a decade ago. Given that so much happens in LA outside of downtown, there aren’t actually that many luxury hotels in the immediate area. In terms of major luxury hotel chains, there’s the Ritz-Carlton and JW Marriott. In terms of trendy hotels there’s the Ace Hotel and The Standard, but aside from that downtown LA lacks cool hotels.

jw-marriott-los-angeles

Bottom line

While we’ll have to wait a couple of years for this property, I’m excited to see the Park Hyatt brand return to Los Angeles. There’s still a lot of room for growth for Hyatt in Los Angeles. As of now they just have a couple of airport hotels and then the Andaz West Hollywood, so it would be great to see some more mid-range hotels.

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  1. Mark Member

    I know plenty of people that are moving to DTLA now, and more that are considering it. The massive developments down by the Staples center is huge, and it's only continuing with projects like the Oceanwide Plaza.

    There are a few more iconic DTLA hotels, for example, The Westin Bonaventure and the Biltmore.

  2. stvr Guest

    Oh and I've had good luck with Hilton HHonors in DTLA

  3. stvr Guest

    They have a few good SPG options in DTLA. There was a Hyatt for a few months like two years ago... that ended in a lot of litigation

  4. Jeremy Guest

    DTLA is much underrated and many still refuse to believe LA has a centre
    Aside from the Staples Center and LA Live
    It's a cultural hub :
    There's the Music Center, including the wonderful Disney Concert Hall
    Don't forget LA can pride itself in having what's possibly the best orchestra in the world. Center Theatre Group, Redcat Theatre and LA Opera
    The Colburn School for Performing Arts , Broad Museum,...

    DTLA is much underrated and many still refuse to believe LA has a centre
    Aside from the Staples Center and LA Live
    It's a cultural hub :
    There's the Music Center, including the wonderful Disney Concert Hall
    Don't forget LA can pride itself in having what's possibly the best orchestra in the world. Center Theatre Group, Redcat Theatre and LA Opera
    The Colburn School for Performing Arts , Broad Museum, Museum of Contemporary Art, Grand Central Market, the Central Library, cathedral of our lady queen of angels, el pueblo state historic park
    Broadway has amazing historic theatres
    Plenty of places to eat, new retail from around the globe choosing to locate downtown. It is also the transport hub for LA
    It's pretty easy to walk around and there are lots of buses and rail options

  5. AdamH Gold

    There is the Omni which is a nice hotel in DTLA and the Intercontinental, which looks like an awesome building at least on the outside, should open in the next 1-2 years.

  6. BO Member

    "a 700-foot-tall LED display"

    I hope that is a 700-foot-long LED display. Judging by the rendering that is what it should be. Either way it is gaudy as hell.

  7. Garrett Guest

    hmm... that location doesn't really instill a lot of confidence in how it's going to turn out. That small section of LA kind of gives me a Vegas vibe...everything there feels a little bit like a watered down, less-good version of what it could be, or what it is in other places (Ritz-Carlton, JW, Fleming's, Katsuya). The only time I go over there is if I'm going to Staples or whatever they call the Nokia Theater these days.

  8. DCjoe Guest

    I think you might be off on the investment in the Hyatt Regency Century Plaza. While the entire project is apparently costing $2.5 billion, there's no way the rehab of the building is costing that much. I think most of the cost is likely attributed to the building of two 46 story residential towers on the site.

    http://www.latimes.com/business/la-fi-century-plaza-hotel-20151208-story.html

  9. bill Guest

    Believe the Ace Hotel is becoming a W, no?

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Mark Member

I know plenty of people that are moving to DTLA now, and more that are considering it. The massive developments down by the Staples center is huge, and it's only continuing with projects like the Oceanwide Plaza. There are a few more iconic DTLA hotels, for example, The Westin Bonaventure and the Biltmore.

0
stvr Guest

Oh and I've had good luck with Hilton HHonors in DTLA

0
stvr Guest

They have a few good SPG options in DTLA. There was a Hyatt for a few months like two years ago... that ended in a lot of litigation

0
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