Park Hyatt Announces New Los Angeles Downtown Property


This post may contain affiliate links from our advertising partners, such as American Express. Read my Advertiser Disclosure policy here.

Hyatt announced they have plans to open a new Park Hyatt Hotel in downtown Los Angeles in early 2019, which will feature 184 guest rooms and suites.

la-1477349103-snap-photo

Per the Los Angeles Times,

The 184-room Park Hyatt hotel, with 34 suites, is set to open in early 2019 along with the rest of the mixed-use project.

In addition to the hotel, the three-tower development will include roughly 500 condos and nearly 170,000 square feet of retail space. There will also be a massive LED screen wrapping the west-facing side of the project overlooking Figueroa Street.

Hyatt, which previously had a Park Hyatt in Century City, did not reveal room rates for its Oceanwide property. But Reay said prices are likely to be on par with L.A. Live’s Ritz-Carlton, where rooms top $400 a night.

Oceanwide Plaza is one of several mega-projects underway from Chinese builders, including the Metropolis project down the block.

Since 2014, Chinese developers have been involved in at least seven of 18 land deals downtown in excess of $19 million, according to real estate firm Transwestern.

That includes the $104 million that developer Shenzhen Hazens paid in 2014 to purchase the 2.5-acre site, where it plans to build a W Hotel and condos.

Bottom Line

I’m thrilled that Park Hyatt will be returning to Los Angeles. Previously Hyatt had a Park Hyatt in the Century City area of Los Angeles, as well as the Hyatt Regency Century Plaza both which have since closed.

Currently the best option for Hyatt Gold Passport members is the Andaz West Hollywood, so it’s nice to hear that Hyatt will be expanding. I’d still like to see Hyatt continue to expand in the Los Angeles area with both their Hyatt Regency and Hyatt Centric brands.

What are your thoughts on the new Park Hyatt Los Angeles? Feel free to share below!

Editorial Note: Opinions, analyses, reviews or suggestions expressed on this site are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. This post was accurate at the time of posting, offer may be unavailable on this site at a later time. For details on current offers visit the card issuer’s site.

About Points, Miles & Martinis

Here at Points, Miles and Martinis, we love all things travel. We focus on topics relating to travel including destinations, airline, hotel, car rental and credit card reward programs. Our goal is to help people travel better. - See more at our About Us page.

Sign up for Email || Twitter || Facebook |Tips & Tricks
Hotel Offers || Airline Offers || Bank Offers || Cash Back Offers

Comments

  1. The old Park Hyatt in Century City isn’t closed as in for good…it was rebranded as an Intercontinental. I actually think it was a JW Marriott at one point as well…

Leave a Reply

Your email address will not be published. Required fields are marked *