Global private equity firm Lone Star Funds has completed a $55m renovation project across Hyatt Place and Hyatt House properties managed by Aimbridge Hospitality.

Hotel management company Aimbridge is Lone Star’s joint venture partner and manages its properties of Hyatt portfolio.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

As part of the renovation project, a total of 38 hotels in North America were refurbished, which included renewed indoor and outdoor guest areas.

Lone Star North America acquisitions senior managing director Hugh Ward III said: “We are proud of the extensive renovations made on time and on budget at nearly 40 of our select-service hotels in our portfolio, and the feedback from our guests has been overwhelmingly positive.

“We are extremely appreciative of the tireless efforts of Aimbridge Hospitality, our joint venture partner and manager, and Hudson Advisors, our servicer working in conjunction with the talented team at Hyatt to accomplish this impressive project.

See Also:

“The Hyatt Place and Hyatt House select service hotels within our portfolio are now well positioned to capture increased market share while providing an exceptional guest experience consistent with the Hyatt brand.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The room renovations undertaken at the Hyatt Place properties included new sofa-sleeper sectionals, new carpeting, bedding, window furnishings, and updated bathrooms with stand-alone showers.

In addition, upgrades were made to the public space with new furniture, technology, a breakfast and bar area offering coffee to cocktails, and the addition of a 24/7 guest market.

According to Lone Star, renovations at the Hyatt House hotels included the addition of the brand’s H Bar, featuring the Sip + Snack menu, a menu including Bar Bites + Shareables, soups and sandwiches, besides beer and wine.

The hotels’ outdoor areas, outdoor commons were also modernised with BBQs and fire pits.