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4-Traders Homepage  >  Equities  >  Nyse  >  Hyatt Hotels Corporation    H

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HYAT HOTE : Hyatt Summerfield Suites? Boulder/Broomfield Celebrates Grand Opening

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06/16/2010 | 05:15pm CEST

Hyatt Hotels & Resorts and Oxford Select Investors-Broomfield, LLC announced today the opening of Hyatt Summerfield Suites Boulder/Broomfield, marking the 34th Hyatt Summerfield Suites to open in the United States.

?Hyatt Summerfield Suites Boulder/Broomfield guarantees guests a relaxing, enjoyable and comfortable stay, whether it is for two days or two months,? said David Nilemo, general manager of Hyatt Summerfield Suites Boulder/Broomfield. ?The casual hospitality, modern atmosphere and practical amenities provide a personalized hotel experience, allowing travelers to feel the comforts of home, the convenience of a neighborhood and the feel of a real community.?

Hyatt Summerfield Suites Boulder/Broomfield offers:

  • 123 spacious guestrooms, all of which feature a 32-inch HDTV in the bedroom and living area and the plush Hyatt Grand Bed®
  • Complimentary Wi-Fi access throughout the hotel
  • Complimentary hot breakfast buffet seven days a week offering traditional favorites like eggs, waffles and French toast
  • Complimentary Summer Grilling Social every other Wednesday evening of the month through August?from 5:30-7:30 p.m. featuring menu items like grilled hamburger sliders, watermelon and goat cheese salad and summer breeze cake
  • Complimentary Evening Social every Monday – Thursday featuring complimentary beverages and hors d'oeuvres that change nightly, including a mashed potato bar, soup and fresh mixed field greens
  • A full kitchen in every guest suite where guests can prepare a fast, easy meal
  • More than 800 square feet of meeting space
  • Outdoor pool

Hyatt Summerfield Suites Boulder/Broomfield captures all of the excitement and natural beauty that Boulder has to offer. The hotel is centrally located to many of the area's popular attractions, including the Flatirons Crossing Mall complex, University of Colorado at Boulder, the Eagle Trace Golf Club and Elitch Gardens. The hotel is also just a short drive to the mountainous landscape of the Rocky Mountain National Park, the South Platte and the Indian Peaks Wilderness Park, which is home to hiking trails, lakes and waterfalls and seven peaks over 13,000 feet in elevation.

?The Boulder/Broomfield area is serene, peaceful and business-savvy, and we believe that the Hyatt Summerfield Suites Boulder/Broomfield will meet the needs of the diverse traveler mix that the city attracts,? said Scott Bergstein, vice president of operating businesses, Oxford Select Investors-Broomfield, LLC. ?Thanks to the Hyatt Summerfield Suites' offerings, we are confident that guests visiting the greater Boulder area will embrace and appreciate this new hotel.?

All Hyatt Summerfield Suites guest suites feature a contemporary design offering a full kitchen, living area and a separate bedroom. An oversized desk and ergonomic chair, vibrant artwork and warm lighting complete the comfortable, stylish atmosphere.

The public spaces provide the comfort and sociability of a neighborhood, including a lounge area with den-style seating for groups of all sizes. Here, guests will also find the enhanced complimentary full breakfast buffet, offered daily, as well as an Evening Social, which takes place nightly Monday through Thursday. The 24-hour Guest Market offers a variety of easy-to-prepare items or guests can take advantage of complimentary grocery shopping services.

Hyatt Summerfield Suites also takes everyday comforts to the next level by offering a Business Center with public computers and a printer, a state-of-the-art fitness center, a pool, complimentary grill for guest use and laundry services.

Hyatt Summerfield Suites Boulder/Broomfield is located just four miles from the Rocky Mountain Metropolitan Airport and 36 miles from the Denver International Airport.

About Hyatt Summerfield Suites

Hyatt Summerfield Suites are upscale, all-suite, residential-style hotels offering travelers spacious, contemporary studio, one- and two-bedroom suites ideal for any length of stay. Guests will find an atmosphere that provides the sociability of a neighborhood with features such as complimentary full breakfast buffet and evening socials, a guest market, laundry facilities and Internet café. There are currently 34 Hyatt Summerfield Suites hotels throughout the country. For information or to make a reservation, call 866 XS HYATT (866-974-9288) or visit www.HyattSummerfieldSuites.com. From the U.S. and Canada, reservations for Hyatt Hotels & Resorts worldwide may be obtained by calling 1-800-233-1234 or logging onto www.hyatt.com.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family in 45 countries strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The company's subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt Summerfield Suites? brand names and have locations under development on five continents. Hyatt Vacation Ownership, Inc., a Hyatt Hotels Corporation subsidiary, develops and operates vacation ownership properties under the Hyatt Vacation Club® brand. As of March 31, 2010, the company's worldwide portfolio consisted of 434 properties. For more information, please visit www.hyatt.com.

About Oxford Real Estate Advisors

Oxford Real Estate Advisors (OREA), established in 1995, is a Registered Investment Advisor with both the United States Securities and Exchange Commission and the Pennsylvania State Securities Commission. OREA currently acts as advisor to The Oxford Fund. OREA is affiliated with Oxford Development Company http://www.oxforddevelopment.com, Pennsylvania's largest privately-held commercial real estate firm with more than 48 years of real estate asset/property management, leasing & sales, operations, and investment advisory services experience.

About Oxford Development Company

Oxford Development Company is a western-Pennsylvania based, full-service real estate firm that provides its clients with excellent service and counsel in all matters relating to real property, including development, asset/property management, leasing & sales, operations, and investment advisory services. Over its 48-year history, Oxford has served private/public firms and government agencies in meeting their real estate needs, and currently manages and/or leases over 11 million square feet at 73 locations with over 300 tenants. Oxford is committed to making our built environment more sustainable, and has been involved with 4.1 million square feet of LEED certified projects throughout the country. Oxford's real estate portfolio includes office buildings, retail centers, sports facilities, convention and conference space, hotels, and multi-family residential. Visit us at www.oxforddevelopment.com.

Amy Patti
Hyatt Hotels & Resorts
(312) 780-5620
amy.patti@hyatt.com


© Business Wire 2010
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Financials ($)
Sales 2017 4 705 M
EBIT 2017 330 M
Net income 2017 151 M
Debt 2017 1 113 M
Yield 2017 -
P/E ratio 2017 43,50
P/E ratio 2018 35,75
EV / Sales 2017 1,72x
EV / Sales 2018 1,62x
Capitalization 6 991 M
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Mean consensus HOLD
Number of Analysts 21
Average target price 56,4 $
Spread / Average Target 5,4%
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Mark Samuel Hoplamazian President, Chief Executive Officer & Director
Thomas J. Pritzker Executive Chairman
H. Charles Floyd Global President-Operations
Patrick J. Grismer Chief Financial Officer & Executive Vice President
Rich Alan Friedman Independent Director
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