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Hyatt House opens in Beaverton, Oregon

It is a joint venture between NewcrestImage and Canterbury Hotel Group

Hyatt House opens in Beaverton, Oregon

The Hyatt House In Beaverton, Oregon, is now open. It is a joint venture developed by NewcrestImage led by Mehul Patel as chairman and CEO and Canterbury Hotel Group led by Arvind Patel  as CEO.

The 125-room, 5-floor extended-stay Hyatt House by NewcrestImage is near Beaverton’s city hall, the 550-seat Patricia Reser Center for the Arts, the Tualatin Valley and Cooper Mountain Nature Park. Also close are corporate headquarters for Nike, Reser’s Fine Foods and optics manufacturer Leupold & Stevens.


Hotel amenities include a 635-sq. ft. meeting room, two indoor lounges and an outdoor patio and BBQ area. It is the first joint venture by NewcrestImage and Canterbury Hotel Group.

“The opening of this Hyatt House is powerful testimony that hoteliers continue to provide the best of hotel experiences even during challenging travel times,” Mehul said.  “We’ve created a property that is safe, comfortable, and special -- where travelers can rest easy after a tough day on the road.”

The hotel reflects the company’s optimism about the future, Arvind said.

“New vaccines are giving all of us realistic hope for a return to safety and a return to travel,” he said. “Our new property combines the comfort and style of home, with the convenience of a hotel, so guests can feel calm and cozy surrounded by the very best in creature comforts and in socially-distanced service.”

In June, NewcrestImage opened its first Canopy by Hilton upscale hotel in north Dallas. The Canopy is part of Frisco Station, a four-brand, 600-room “lifestyle hotel campus” developed by the company.

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US Extended-Stay Hotels Outperforms in Q3

Report: Extended-stay hotels outpace industry in Q3

Summary:

  • U.S. extended-stay hotels outperformed peers in Q3, The Highland Group reported.
  • Demand for extended-stay hotels rose 2.8 percent in the third quarter.
  • Economy extended-stay hotels outperformed in RevPar despite three years of declines.

U.S. EXTENDED-STAY HOTELS outperformed comparable hotel classes in the third quarter versus the same period in 2024, according to The Highland Group. Occupancy remained 11.4 points above comparable hotels and ADR declines were smaller.

The report, “US Extended-Stay Hotels: Third Quarter 2025”, found the largest gap in the economy segment, where RevPAR fell about one fifth as much as for all economy hotels. Extended-stay ADR declined 1.4 percent, marking the second consecutive quarterly decline not seen in 15 years outside the pandemic. RevPAR fell 3.1 percent, reflecting the higher share of economy rooms. Excluding luxury and upper-upscale segments, all-hotel RevPAR dropped 3.2 percent in the third quarter.

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