Greenspace
Senior Member
Proposed Hyatt developments:
- Union Bank Hotel PIPELINE
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Union Bank Hotel
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Kosy123
Active Member
That’s.. an unexpected but welcome surprise!
MacLac
Senior Member
I'm just trying to do the math. Surprises me that Hyatt - would take this on with what? Less than 2 dozen rooms? I don't know what brand they have that would quantify such a small hotel...do they have a boutique brand? I see that the Peg is getting a Hyatt Centric - they'll have more Hyatt's than we do......Nm - I went to their website....they don't have any brand that would encompass this hotel.
davcocom
Active Member
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Greenspace
Senior Member
99% of branded hotels are not owned by the hotel chain. They are franchises. Every hotel chain has a brand for every size and variety of hotel including one with only two dozen rooms.
In a secondary or tertiary market, a branded hotel is more likely to be successful.
In a secondary or tertiary market, a branded hotel is more likely to be successful.
IanO
Superstar
Not even franchises really; often just management and branding.
EdmTrekker
Senior Member
I suspect that this may be the case here if the Owner has other properties and investments. Do we know who the Owner is?
SimonCo
New Member
There's demolition signs on the walls. Are they demo'ing the building?
IanO
Superstar
I believe there is significant interior work (hotel to office) and redoing the east entrance/patio.
kcantor
Senior Member
^^
They'll be doing interior demolition (flooring, partitions, finishes etc.), not the building.
^^^
growlending.ca
They'll be doing interior demolition (flooring, partitions, finishes etc.), not the building.
^^^
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EdmTrekker
Senior Member
"As the last remaining pre-WWI bank building in Edmonton, we will be bringing the Union Bank building back to a financial institution. Our plans include converting the top two floors into our corporate offices, and completely renovating and upgrading the restaurant and the remaining 26 hotel rooms."
growlending.ca
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LibraLibro
New Member
I hope Frank Architecture is still in charge of designing the rooms, and hopefully the restaurant too. They have done such incredible work all over the province.
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Gronk!
Senior Member
Greenspace
Senior Member