
Trinity Investments, a private real estate investment firm specializing in hotels and hospitality, has sold a majority interest in Hyatt Regency Greenwich to an affiliate of Certares Real Estate Management LLC. Terems were not disclosed. Trinity and Certares partnered in 2021 to purchase the EAST Miami hotel, a property that has seen strong growth under their joint ownership.
Trinity acquired Hyatt Regency Greenwich in Greenwich, CT from Hyatt in October 2022 and has since completed a $35-million renovation, reestablishing Hyatt Regency Greenwich as a top choice for Connecticut and Westchester travelers. The property features 374 guest rooms and more than 35,000 square feet of event space.
“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, and CEO of Trinity. “Partnering with Certares allows us to build on that momentum and drive continued growth.”
The post Trinity Sells Majority Interest in Hyatt Regency Greenwich to Certares Affiliate appeared first on Connect CRE.