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Hyatt Regency Greenwich – Image Credit Hyatt
Trinity Investments has sold a majority stake in the Hyatt Regency Greenwich to Certares Real Estate Management, following a $35 million renovation.
Trinity Investments has completed the sale of a majority interest in the Hyatt Regency Greenwich to Certares Real Estate Management. The transaction follows a $35 million renovation of the property, which Trinity acquired from Hyatt in October 2022. The sale marks a continued partnership between Trinity and Certares, who previously collaborated on the purchase of the EAST Miami hotel.
The Hyatt Regency Greenwich, located in Greenwich, Connecticut, now features 374 updated guest rooms and over 35,000 square feet of event space. Additional amenities include an indoor saltwater lap pool, a fitness center, and dining options such as Townsend Bar, Glenna’s Café and Market. The hotel also introduced Townsend Cinema, a 40-seat movie theater developed in collaboration with Monoplex.
The strategic partnership with Certares is intended to position the hotel for future growth. Certares, which has acquired 16 hotels in the past four years, views the Hyatt Regency Greenwich as a valuable addition to its portfolio. The firm focuses on lodging assets in markets with supply constraints and growing demand.
This sale is part of Trinity’s broader strategy, which includes over $250 million in hotel renovation projects across six properties completed in 2024.
