An affiliate of Everwood Capital Partners has acquired the 241-suite Hyatt Regency Green Bay and adjacent KI Convention Center in Green Bay, Wisconsin. An affiliate of Hyatt Hotels Corporation purchased the properties.
Under the new ownership, the hotel is set to undergo a comprehensive renovation. The operations are now overseen by Scarlett Hotel Group.
“This stunning property, nestled near the picturesque shores of Green Bay and in close proximity to iconic landmarks such as Lambeau Field and the Riverwalk, presents an exciting opportunity for us,” said Robbie Thomashow, VP, acquisitions, Everwood. “We are committed to revitalizing this venue to create unforgettable experiences for local events, including meetings and weddings, and to cater to the diverse needs of our guests utilizing the expansive 100,000 sq. ft. of adaptable meeting space. We are especially thrilled to be hosting next year’s NFL Draft, among other prestigious events.”
The acquisition of Hyatt Regency Green Bay and KI Convention Center marks Everwood’s latest venture following the merger with Scarlett Hotel Group earlier this year.
“We are thrilled for Hyatt Regency Green Bay’s next chapter as Everwood and Scarlett Hotel Group are committed to continue providing exceptional experiences to guests, customers and World of Hyatt members,” said Paul Daly, global head of franchise & owner relations, Hyatt. “Hyatt’s owner-centric approach positions us as a franchisor of choice, and we are excited to continue to work closely with the hotel’s new ownership and management. We are confident they will uphold the Hyatt Regency brand’s legacy of excellence.”
Amenities include 100,000 total sq. ft. of meeting/event space at both the hotel and the convention center, with the largest space accommodating 2,700 guests and an on-site 24/7 market plus restaurant and catering services.