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Monterey (/ ˌ m ɒ n t ə ˈ r eɪ / ⓘ MON-tə-RAY; Spanish: Monterrey) is a city in Monterey County on the southern edge of Monterey Bay on the U.S. state of California's Central Coast. Founded on June 3, 1770, Monterey was the second permanent settlement (after San Diego ) established by the Spanish Empire in what is now California.
Hyatt Regency is a brand of hotels under the Hyatt banner. The brand contains 211 locations in 189 cities over 40 countries, [ 1 ] [ 2 ] and is one of the company's 14 hotel brands overall. [ 2 ] It tends to cater to business travelers.
In 2005, the Hyatt Regency was renamed the Sheraton Los Angeles Downtown. Bally Total Fitness (which occupied the Oshman's space) closed and re-opened as LA Fitness in 2012. In 2013, Macy's Plaza was acquired by Ratkovich, who announced plans to remodel the imposing and aging "monolithic" red brick fortress-like building, with a more open plan.
Alongside the Hyatt Regency brand, the company introduced the Grand Hyatt brand in 1980, with the opening of the Grand Hyatt New York (now Hyatt Grand Central). [8] That same year, the boutique Park Hyatt brand was also introduced. [8] The Pritzkers took Hyatt International private as well, in 1982. [10]
Hyatt Regency San Francisco is a hotel located at the foot of Market Street and The Embarcadero in the financial district of San Francisco, California. The hotel is a part of the Embarcadero Center development by Trammell Crow , David Rockefeller , and John Portman .
Sunstone Hotel Investors Inc. bought the Hyatt Regency Century Plaza in 2005 for US$293 million and then spent $22 million upgrading the guest rooms and common areas. On June 1, 2008, Sunstone sold the Hyatt Regency Century Plaza to Next Century Associates for $366.5 million, $505,000 per room, one of the highest paid for a hotel in California. [3]
In 2010, a majority stake of Joie de Vivre was purchased by Geolo Capital, the private equity firm founded by Hyatt Hotels heir John Pritzker.A $150 million fund to acquire additional hotels was established as part of the deal, with plans to acquire $300 million to $500 million in hotels over a three-to-five-year period. [3]
In 2012, the first Hilton Garden Inn outside of North America was opened in Netherlands—the Hilton Garden Inn Leiden.It is located on the Old Rhine River, featuring 173 guestrooms and providing all of the brand's signature features.
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