Concord Hospitality Kicks Off Construction of NJ Hyatt House
Friday August 8th, 2014 - 11:42AM BG
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JERSEY CITY, NJ—Officials with Hyatt Hotels and Concord Hospitality, along with Jersey City Mayor Steven Fulop, on August 11 will mark the start of construction of the $90 million Hyatt House Hotel at 1 Exchange Place here by signing an 800-pound support beam that will become part of the foundation.
The 258-room hotel, the sixth in the city, will be an adaptive reuse of the first bank building in the state, the former First National Bank of Jersey City, which has stood at the corner of Exchange Place and Hudson St. since 1922.
Tags: Hyatt House • Concord Hospitality • Hyatt Hotels • Jersey City • NJ • Hospitality • Brands • Construction/Renovation •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.