Developer Completes Park Hyatt Renovation
A Times Staff Writer
A $14-million renovation of the Park Hyatt Los Angeles hotel in Century City has been completed by owners Sumitomo Realty & Development.
The 17-story hotel on Avenue of the Stars opened in 1988 and holds a four-diamond rating from Mobil AAA. The renovation included upgrades to the 366 guest rooms and a lobby redesign by architect Culpepper, McAuliffe, Meaders Inc. of Atlanta.
Sumitomo put the hotel on the market in the late 1990s and may try to sell it again, said hotel consultant Alan Reay, president of Atlas Hospitality Group. Several Japanese hotel owners are quietly marketing their U.S. properties, he said, and the Hyatt is in a premier location.
A hotel representative said the property is not for sale.
