{"id":1004109544,"date":"2014-12-17T14:07:06","date_gmt":"2014-12-17T22:07:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004109544"},"modified":"2022-12-03T08:49:03","modified_gmt":"2022-12-03T16:49:03","slug":"international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\/","title":{"rendered":"INTERNATIONAL: Hyatt Sells Hotel in Vancouver, Builds New Lodging in Naha"},"content":{"rendered":"<p><i>By Balazs Szekely, Associate Editor<a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/12\/Hyatt-Sells-Regency-Hotel-in-Canada-Builds-New-One-in-Japan.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004109614\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\/hyatt-sells-regency-hotel-in-canada-builds-new-one-in-japan\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/12\/Hyatt-Sells-Regency-Hotel-in-Canada-Builds-New-One-in-Japan.jpg\" data-orig-size=\"800,549\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Hyatt Sells Regency Hotel in Canada Builds New One in Japan\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/12\/Hyatt-Sells-Regency-Hotel-in-Canada-Builds-New-One-in-Japan.jpg?w=800\" class=\"alignright size-medium wp-image-1004109614\" alt=\"Hyatt Sells Regency Hotel in Canada Builds New One in Japan\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/12\/Hyatt-Sells-Regency-Hotel-in-Canada-Builds-New-One-in-Japan.jpg\" width=\"300\" height=\"205\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/12\/Hyatt-Sells-Regency-Hotel-in-Canada-Builds-New-One-in-Japan.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/12\/Hyatt-Sells-Regency-Hotel-in-Canada-Builds-New-One-in-Japan.jpg?resize=300,206 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/12\/Hyatt-Sells-Regency-Hotel-in-Canada-Builds-New-One-in-Japan.jpg?resize=768,527 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/i><\/p>\n<p>Hyatt Hotels Corp. is selling the Hyatt Regency Vancouver and plans to develop a new Regency branded hotel in Naha, Japan.<\/p>\n<p>The 644-key hotel in Vancouver was sold to an affiliate of InnVest for approximately $123 million, around $190,000 per key. Centrally located at Burrard Street and West Georgia Street in downtown Vancouver, the hotel features more than 45,000 square feet of meeting and event space, a Starbucks\u00ae, Grain Tasting Bar which offers regional wine and craft beer and Mosaic Bar and Grill, which features locally sourced produce, sustainable seafood and signature cocktails. The facility continues to operate as a Hyatt Regency hotel.<\/p>\n<p>&#8220;By continuing to execute on our asset recycling strategy, we are able to strategically plan for growth in locations where Hyatt brands are underrepresented while retaining our brand presence in key cities around the world,&#8221; Stephen Haggerty, Global Head of Capital Strategy, Franchising and Select Service for Hyatt said in a news release.<\/p>\n<p>The other hotel is being built in Naha \u2013 the political, economic and education center of Okinawa, Japan \u2013 under a Hyatt affiliate\u2019s franchise agreement with PHR Okinawa Hotel Management Ltd., a subsidiary of Ken Corp., Ltd. The hotel will feature 294 keys, four food and beverage outlets, a meeting space, a fitness center and an outdoor swimming pool. Within walking distance to Kokusai-dori, the city&#8217;s main tourism and entertainment district, it will also offer quick access to Naha International Airport which is less than three miles away from the site. Hyatt Regency Naha is expected to open before the end of next year and it will be the first member of the Hyatt brand on the island of Okinawa.<\/p>\n<p>Headquartered in Chicago, the global hospitality company has numerous subsidiaries that develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties. Hyatt&#8217;s worldwide portfolio consists of more than 570 properties in 48 countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyatt Hotels Corp. is selling the 644-key Hyatt Regency Vancouver and plans to develop a new Regency branded hotel in Naha, Japan. <\/p>\n","protected":false},"author":952,"featured_media":1004109614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21751,16,21783,21742],"tags":[],"class_list":["post-1004109544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotel","category-international","category-investment","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>INTERNATIONAL: Hyatt Sells Hotel in Vancouver, Builds New Lodging in Naha - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INTERNATIONAL: Hyatt Sells Hotel in Vancouver, Builds New Lodging in Naha\" \/>\n<meta property=\"og:description\" content=\"Hyatt Hotels Corp. is selling the 644-key Hyatt Regency Vancouver and plans to develop a new Regency branded hotel in Naha, Japan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-17T22:07:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-03T16:49:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/12\/Hyatt-Sells-Regency-Hotel-in-Canada-Builds-New-One-in-Japan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\\\/\"},\"author\":{\"name\":\"Anna Spiewak\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"headline\":\"INTERNATIONAL: Hyatt Sells Hotel in Vancouver, Builds New Lodging in Naha\",\"datePublished\":\"2014-12-17T22:07:06+00:00\",\"dateModified\":\"2022-12-03T16:49:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\\\/\"},\"wordCount\":328,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/12\\\/Hyatt-Sells-Regency-Hotel-in-Canada-Builds-New-One-in-Japan.jpg\",\"articleSection\":[\"Hotel\",\"International\",\"Investment\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hyatt-sells-hyatt-regency-vancouver-builds-new-hotel-in-naha\\\/\",\"name\":\"INTERNATIONAL: Hyatt Sells Hotel in Vancouver, Builds New Lodging in Naha - 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