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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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Peachtree Group Surpasses $2 B in U.S. Hotel Developments

Peachtree hits $2B in nationwide hotel developments

Summary:

  • Peachtree’s hotel development portfolio exceeds $2 billion nationwide.
  • Its largest project this year, Embassy Suites Gulf Shores, has 257 suites.
  • It has 11 hotels open, four under construction, three planned in Opportunity Zones.

PEACHTREE GROUP’S HOTEL development portfolio exceeded $2 billion nationwide despite high interest rates, rising construction costs and tighter credit conditions. Its largest project this year, the eight-story Embassy Suites by Hilton Gulf Shores Beach Resort in Alabama, includes 257 suites overlooking the Gulf Coast.

In Dallas, construction teams topped out the dual-branded AC and Moxy by Marriott Uptown, Peachtree’s tallest hotel at 19 stories in the city’s Uptown submarket, Peachtree said in a statement. The project, set to open in summer 2026, will add 264 rooms.

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