Trinity Investments has sold a majority interest in Hyatt Regency Greenwich to an affiliate of Certares Real Estate Management LLC.
Trinity acquired Hyatt Regency Greenwich from Hyatt in October 2022 and has since completed a $35 million renovation, reimagining the hotel as a suburban retreat. Today, the hotel features 374 newly refreshed guestrooms, more than 35,000 sq. ft. of event space, an indoor saltwater lap pool, a fitness center and multiple signature dining experiences, such as Townsend Bar and Glenna’s Café and Market. Under Trinity’s ownership, the hotel also introduced Townsend Cinema, a new 40-seat luxury movie theater developed in partnership with Monoplex.
“We’re extremely proud of the transformation our team has achieved at Hyatt Regency Greenwich, repositioning it as a standout property in the region,” said Sean Hehir, managing partner/president/CEO, Trinity. “Through a targeted renovation, we’ve created a distinctive hospitality experience that speaks to the expectations of today’s traveler. Partnering with Certares allows us to build on that momentum and drive continued growth.”
Nolan Hecht, senior managing director, Certares, added, “We’re excited to join forces with Trinity on Hyatt Regency Greenwich, a property that has been thoughtfully repositioned and primed for long-term success. As our 16th hotel acquisition in the last four years, the hotel is a perfect addition to our portfolio, which comprises high-quality lodging assets in supply-constrained markets experiencing demand growth. As the premier hotel for social and corporate group meetings in Fairfield County or Westchester County, we see meaningful opportunity to capitalize on favorable market dynamics at this transformationally renovated hotel alongside our trusted partners at Trinity.”
