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US: Hyatt Hotels Corporation and Hall Structured Finance have introduced a financing program to support the development of Hyatt Studios properties in the United States.
The Hyatt Studios Structured Loan Program will offer financing options to developers specifically for new build Hyatt Studios projects.
The programme is designed to enhance access to capital, facilitate construction starts and accelerate project timelines, the companies said.
Mark Klipsch, president of Hall Structured Finance, said: “We are proud to collaborate with Hyatt to support the continued growth of the Hyatt Studios brand that is purpose-built for today’s extended-stay demand. In a challenging financing environment, we believe this will accelerate the financing of high-quality, new-build projects. We look forward to leveraging our hospitality lending expertise to help developers bring new Hyatt projects to market and support the Hyatt Studios brand’s continued expansion.”
Dan Hansen, global head of growth strategy and operations at Hyatt, added: “We continue to see strong interest in the Hyatt Studios brand from developers across the country, and we know that securing the right capital can play a significant role in turning a project from concept to reality. By creating additional financing opportunities for qualified projects, we can help owners move forward with greater confidence and speed to bring Hyatt Studios locations to more markets across the United States.”
Hyatt Studios was created in 2023 as Hyatt’s upper-midscale extended-stay brand.
Highlights:
- Hyatt Hotels Corporation and Hall Structured Finance have launched a dedicated financing programme to support new Hyatt Studios hotel developments across the United States.
- The Hyatt Studios Structured Loan Program is designed to improve access to capital, support construction starts and accelerate hotel development timelines.
- Through the new financing initiative, qualified Hyatt Studios projects may benefit from funding solutions tailored to support new-build hotel construction.
- Hall Structured Finance will provide hospitality-focused lending expertise as Hyatt continues expanding its Hyatt Studios brand into additional US markets.
