Hyatt announces Hyatt Centric brand growth in the U.S.
Hyatt Hotels Corporation announced strong U.S. growth for its Hyatt Centric brand portfolio, including development plans to build Hyatt Centric hotels in downtown Memphis, Tenn., downtown Nashville, Tenn., and downtown Austin, Texas. The Hyatt Centric brand currently has 26 properties across 11 countries, including Chile, France, India, Japan, Spain and more. The 227-room Hyatt Centric Beale Street will be developed through a joint venture between affiliates of Hyatt and Carlisle Hotels, Inc. Hotel construction is slated to begin in the second quarter of 2019, with an anticipated opening date by the end of 2020. Local Memphis design house, HBG Design, has been engaged for the hotel project. Hyatt also announced a joint venture with C. B. Ragland of Nashville to develop Hyatt Centric Downtown Nashville, a 252-room new build with a restaurant, bar, amenity deck with a rooftop pool, 4,500 square feet of meeting and event space and 4,000 square feet of leasable retail space. Expected to open in Q2 2021, the hotel will be managed by Hyatt. These developments are in addition to recently announced Hyatt Centric hotels in Los Angeles' Koreatown neighborhood, near Rittenhouse Square in Philadelphia and near downtown Portland, Ore. Further expanding the Hyatt Centric brand's global footprint, these developments will join newly open hotels in Midtown Atlanta; Bangalore, India; Goa, India; Lima, Peru; Brickell, Miami; and Santiago, Chile.