Service Properties Trust, Hyatt extend termination date of management agreement

Service Properties Trust (SVC) has reached an agreement with a subsidiary of Hyatt Hotels Corporation to extend the termination date of the management agreement for 22 Hyatt Place hotels from April 8-May 22. SVC and Hyatt remain in discussions regarding possible changes to the management agreement, which may enable some or all of the hotels to remain Hyatt Place hotels managed by Hyatt.

The 22 hotels are:

  • Hyatt Place Tempe Phoenix Airport
  • Hyatt Place Tucson Airport (Arizona)
  • Hyatt Place Colorado Springs Garden of Gods (Colorado)
  • Hyatt Place Orlando Airport Northwest (Florida)
  • Hyatt Place Atlanta Airport South
  • Hyatt Place Atlanta Duluth Gwinnett Mall (Minnesota)
  • Hyatt Place Atlanta Cobb Galleria
  • Hyatt Place Fort Wayne (Indiana)
  • Hyatt Place Indianapolis Airport
  • Hyatt Place Kansas City Overland Park Convention Center (Kansas)
  • Hyatt Place Detroit Utica
  • Hyatt Place Kansas City Airport (Missouri)
  • Hyatt Place Charlotte Airport Lake Pointe (North Carolina)
  • Hyatt Place Mount Laurel (New Jersey)
  • Hyatt Place Columbus Dublin (Ohio)
  • Hyatt Place Nashville Northeast (Tennessee)
  • Hyatt Place Austin North Central (Texas)
  • Hyatt Place Dallas North
  • Hyatt Place El Paso Airport (Texas)
  • Hyatt Place San Antonio Riverwalk
  • Hyatt Place Chantilly Dulles Airport South (Virginia)
  • Hyatt Place Sterling Dulles Airport North (Virginia)

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