Meeting News - September 21, 2009 - (Page 52)
South Regional The severely wounded economy and ongoing job losses continue to inhibit leisure and business travel, but the lackluster conditions are not stopping Hyatt Hotels & Resorts from planning a new 214-room Hyatt Place within the 190-acre mixed-use Lake Pointe Town Center in Sugar Land, Texas, about 20 miles southwest of Houston. Hyatt Place will occupy a nearly four-acre waterfront parcel at Lake Pointe, a Planned Community Developers Ltd. project that sits at the intersection of Highway 6 and U.S. 59. Hyatt Hotels & Resorts of Chicago is developing the 135,000-sq.-ft. hotel in a joint venture partnership with Woodbine Development Corp. The Hyatt Place brand, introduced three By Barbra Murray Commercial Property News Hyatt Plans New Suburban Houston Select-Service Hotel years ago, is an upscale select-service brand vices—however, it is no exception when it designed to attract the modern traveler. The comes to experiencing the ills of the economic new Sugar Land propdownturn. Still, Hyatt erty will be the second has its reasons for hotel in the Greater kicking off plans to Houston area to carry build Sugar Land’s the Hyatt Place flag. new Hyatt Place. In the hospitality “Downturns are just arena, Houston may that, downturns, inferbe faring better than ring that upturns will many other major eventually follow,” —Woodbine Development CFO Greg Mowatt metropolitan cities— Greg Mowatt, CFO of its average occupancy rate is 60.8 percent, Woodbine Development, told MeetingNews compared to 53.3 percent for the United sister publication Commercial Property News. States, according to a mid-year report by Mar- “Fortunately, downturns have always led to cus & Millichap Real Estate Investment Serupticks in the economic cycle, and the best this project should ride the upturn in the cycle. “With a 2011 completion date, ” 52 MeetingNews September 21, 2009 www.meetingnews.com
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Table of Contents for the Digital Edition of Meeting News - September 21, 2009
Meeting News - September 21, 2009
Contents
Pricing Forecast
Newsmaker
Meetings Spotlight
Event Profile
Meeting News - September 21, 2009
Meeting News - September 21, 2009 - Meeting News - September 21, 2009
(Page Cover1)
Meeting News - September 21, 2009 - Meeting News - September 21, 2009
(Page Cover2)
Meeting News - September 21, 2009 - Contents (Page 1)
Meeting News - September 21, 2009 - Pricing Forecast (Page 2)
Meeting News - September 21, 2009 - Pricing Forecast (Page 3)
Meeting News - September 21, 2009 - Pricing Forecast (Page 4)
Meeting News - September 21, 2009 - Pricing Forecast (Page 5)
Meeting News - September 21, 2009 - Newsmaker (Page 6)
Meeting News - September 21, 2009 - Newsmaker (Page 7)
Meeting News - September 21, 2009 - Newsmaker (Page 8)
Meeting News - September 21, 2009 - Newsmaker (Page 9)
Meeting News - September 21, 2009 - Meetings Spotlight (Page 10)
Meeting News - September 21, 2009 - Meetings Spotlight (Page 11)
Meeting News - September 21, 2009 - Meetings Spotlight (Page 12)
Meeting News - September 21, 2009 - Event Profile (Page 13)
Meeting News - September 21, 2009 - Event Profile (Page 14)
Meeting News - September 21, 2009 - Event Profile (Page 15)
Meeting News - September 21, 2009 - Event Profile (Page 16)
Meeting News - September 21, 2009 - Event Profile (Page 17)
Meeting News - September 21, 2009 - Event Profile (Page 18)
Meeting News - September 21, 2009 - Event Profile (Page 19)
Meeting News - September 21, 2009 - Event Profile (Page 20)
Meeting News - September 21, 2009 - Event Profile (Page 21)
Meeting News - September 21, 2009 - Event Profile (Page 22)
Meeting News - September 21, 2009 - Event Profile (Page 23)
Meeting News - September 21, 2009 - Event Profile (Page 24)
Meeting News - September 21, 2009 - Event Profile (Page 24a)
Meeting News - September 21, 2009 - Event Profile (Page 24b)
Meeting News - September 21, 2009 - Event Profile (Page 24c)
Meeting News - September 21, 2009 - Event Profile (Page 24d)
Meeting News - September 21, 2009 - Event Profile (Page 25)
Meeting News - September 21, 2009 - Event Profile (Page 26)
Meeting News - September 21, 2009 - Event Profile (Page 27)
Meeting News - September 21, 2009 - Event Profile (Page 28)
Meeting News - September 21, 2009 - Event Profile (Page 29)
Meeting News - September 21, 2009 - Event Profile (Page 30)
Meeting News - September 21, 2009 - Event Profile (Page 31)
Meeting News - September 21, 2009 - Event Profile (Page 32)
Meeting News - September 21, 2009 - Event Profile (Page 33)
Meeting News - September 21, 2009 - Event Profile (Page 34)
Meeting News - September 21, 2009 - Event Profile (Page 35)
Meeting News - September 21, 2009 - Event Profile (Page 36)
Meeting News - September 21, 2009 - Event Profile (Page 37)
Meeting News - September 21, 2009 - Event Profile (Page 38)
Meeting News - September 21, 2009 - Event Profile (Page 39)
Meeting News - September 21, 2009 - Event Profile (Page 40)
Meeting News - September 21, 2009 - Event Profile (Page 41)
Meeting News - September 21, 2009 - Event Profile (Page 42)
Meeting News - September 21, 2009 - Event Profile (Page 43)
Meeting News - September 21, 2009 - Event Profile (Page 44)
Meeting News - September 21, 2009 - Event Profile (Page 45)
Meeting News - September 21, 2009 - Event Profile (Page 46)
Meeting News - September 21, 2009 - Event Profile (Page 47)
Meeting News - September 21, 2009 - Event Profile (Page 48)
Meeting News - September 21, 2009 - Event Profile (Page 49)
Meeting News - September 21, 2009 - Event Profile (Page 50)
Meeting News - September 21, 2009 - Event Profile (Page 51)
Meeting News - September 21, 2009 - Event Profile (Page 52)
Meeting News - September 21, 2009 - Event Profile (Page 53)
Meeting News - September 21, 2009 - Event Profile (Page 54)
Meeting News - September 21, 2009 - Event Profile (Page 55)
Meeting News - September 21, 2009 - Event Profile (Page 56)
Meeting News - September 21, 2009 - Event Profile (Page 57)
Meeting News - September 21, 2009 - Event Profile (Page 58)
Meeting News - September 21, 2009 - Event Profile (Page 59)
Meeting News - September 21, 2009 - Event Profile (Page 60)
Meeting News - September 21, 2009 - Event Profile (Page 61)
Meeting News - September 21, 2009 - Event Profile (Page 62)
Meeting News - September 21, 2009 - Event Profile (Page 63)
Meeting News - September 21, 2009 - Event Profile (Page 64)
Meeting News - September 21, 2009 - Event Profile (Page Cover3)
Meeting News - September 21, 2009 - Event Profile (Page Cover4)
Meeting News - September 21, 2009 - Event Profile (Page A)
Meeting News - September 21, 2009 - Event Profile (Page B)
Meeting News - September 21, 2009 - Event Profile (Page HICover1)
Meeting News - September 21, 2009 - Event Profile (Page HICover2)
Meeting News - September 21, 2009 - Event Profile (Page HI1)
Meeting News - September 21, 2009 - Event Profile (Page HI2)
Meeting News - September 21, 2009 - Event Profile (Page HI3)
Meeting News - September 21, 2009 - Event Profile (Page HI4)
Meeting News - September 21, 2009 - Event Profile (Page HI5)
Meeting News - September 21, 2009 - Event Profile (Page HI6)
Meeting News - September 21, 2009 - Event Profile (Page HI7)
Meeting News - September 21, 2009 - Event Profile (Page HI8)
Meeting News - September 21, 2009 - Event Profile (Page HI9)
Meeting News - September 21, 2009 - Event Profile (Page HI10)
Meeting News - September 21, 2009 - Event Profile (Page HI11)
Meeting News - September 21, 2009 - Event Profile (Page HI12)
Meeting News - September 21, 2009 - Event Profile (Page HI13)
Meeting News - September 21, 2009 - Event Profile (Page HI14)
Meeting News - September 21, 2009 - Event Profile (Page HI15)
Meeting News - September 21, 2009 - Event Profile (Page HI16)
Meeting News - September 21, 2009 - Event Profile (Page HICover3)
Meeting News - September 21, 2009 - Event Profile (Page HICover4)
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