ARLINGTON, VA—Interstate Hotels & Resorts has continued its momentum within its Asia Investment group with three newly awarded management agreements: a dual-branded Hyatt House and Hyatt Place SeaTac, WA, developed by Seattle-based Lou Development; and a luxury resort in Southern California’s Temecula wine region, tentatively named Twelve Oaks Resort, developed by Standard Portfolios.
With these additions, Interstate’s Asia practice team continues to strengthen its dedicated resources providing hotel management services to its partners, with 46 hotels and more than 12,500 rooms, including signed hotels under development or construction.
Breaking ground in 2018, the 132-room Hyatt House and the 237-room Hyatt Place will begin construction near the Seattle Tacoma (Sea-Tac) International Airport with plans to open in 2019. Designed by Studio 19 Architects, both properties will share common amenities.
On the West Coast, Standard Portfolios is developing an expansive, 700-acre mixed-use project including a vineyard, resort, ample event space and residential living in the heart of California’s Temecula Valley Wine Country. Upon opening, Interstate will operate the 251-room luxury resort, restaurants and event space. The groundbreaking is scheduled for mid-2018, with the resort, an Autograph Collection, anticipated to open in 2020.