User:Morogris/HR

Hyatt Regency Lost Pines Resort and Spa

General [1] [2] [3] [4]

Awards, recognitions [5] [6]

General manager appointments [7] [8]

golf course [9]

2011 sale [10]

2014 ownership [11]

2021 acquisition [12] [13]

Pandemic, sales, taxes [14]

History

In November 2014, Hyatt acquired the remaining 92 percent stake in Hyatt Lost Pines through a $143 million deal, securing 100 percent ownership. In addition to the acquisition, Hyatt took on $65 million in debt. The transaction, amounting to approximately $450,000 per room for the resort's 491 total rooms, was characterized as a strategic move by Hyatt to invest in highly "sought-after" destinations such as Hyatt Lost Pines, bolstering the company's presence in the Greater Austin area. The Hyatt spokesperson emphasized the Hyatt Lost Pines' operational and financial success, positioning it as a valuable asset within their investment portfolio.[11]

Amenities and features

See also

References

  1. ^ Elbel, Mauri (24 May 2014). "Summer fun around Texas". Austin American-Statesman. Archived from the original on 26 December 2023.
  2. ^ Aguilar, Melissa (27 August 2016). "Test the waters of a new resort". The Houston Chronicle. Archived from the original on 27 December 2023.
  3. ^ Elbel, Mauri (19 July 2014). "Fun hits home in Bastrop". Austin American-Statesman. Archived from the original on 27 December 2023.
  4. ^ Anders, Helen (1 September 2012). "Summer splash: Texas resorts focus on water for family fun". Austin American-Statesman. Archived from the original on 2 January 2024.
  5. ^ Bradshaw, Robin (28 June 2022). "Best hotels with lazy rivers: Texas makes list, includes TX-shaped lazy river". Laredo Morning Times. Archived from the original on 29 March 2023.
  6. ^ Sevilla, Andy (14 June 2018). "Hyatt Regency in Bastrop County named 'best family-friendly hotel'". Austin American-Statesman. Archived from the original on 26 December 2023.
  7. ^ "Lost Pines Resort tabs new manager". The Bastrop Advertiser. 24 September 2016. Archived from the original on 2 January 2024 – via Austin American-Statesman.
  8. ^ "Keith Spinden Named General Manager for Hyatt Regency Lost Pines Resort & Spa". Hotel News Resource & Nevistas. 12 February 2020. Archived from the original on 13 February 2020.
  9. ^ Sevilla, Andy (26 December 2016). "Bastrop golf club earns international recognition". Austin American-Statesman. Archived from the original on 2 January 2024.
  10. ^ Novak, Shonda (16 September 2011). "Sale of Hyatt Regency Lost Pines Resort won't change operations, officials say". Austin American-Statesman. Archived from the original on 3 October 2022.
  11. ^ a b Dinges, Gary (9 November 2014). "Hyatt takes full ownership of Lost Pines Resort". Austin American-Statesman. Archived from the original on 2 January 2024.
  12. ^ "Hyatt Lost Pines resort near Austin purchased by California investment firm". Austin American-Statesman. 17 June 2021. Archived from the original on 17 August 2022.
  13. ^ "Ohana Real Estate Investors Acquires Hyatt Regency Lost Pines in Texas". Business Wire. 17 June 2021. Archived from the original on 19 June 2021.
  14. ^ Drummond, Cameron (14 April 2021). "Bastrop's hotel tax revenue expected to plunge $543,000 from initial budget target". Austin American-Statesman. Archived from the original on 8 November 2022.

Bibliography

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