Daryl Berger, left, and New Orleans Saints and Pelicans owner Gayle Benson are buying the Hyatt Regency New Orleans Hotel, pictured in the background next to Benson Tower. Benson announced the deal Thursday, April 4, 2019.
New Orleans Saints and Pelicans owner Gayle Benson and local developer Daryl Berger are teaming with a national hotel investment firm to purchase the Hyatt Regency, a deal that’s expected to close Friday (April 9).
The 1,193-room property will be under majority local ownership for the first time since its opening in 1976. Benson is acquiring her share of the hotel through her real estate company, GMB Properties, which announced the transaction Thursday night. This will be Benson’s first hotel acquisition.
“My late husband Tom believed in reinvesting in our community and that philosophy has made our city a better place. Our investment in the Hyatt will continue that legacy,” Gayle Benson said in a statement.
Berger’s hospitality investments include the Windsor Court, Omni Royal Orleans, Omni Riverfront, Westin Canal Place and the Shops at Jax Brewery. He and Roger Ogden developed the Loews Hotel, which they sold in 2013.
NOLA.COM
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