Hyatt to take over management of Aviara Resort

Hyatt Hotels has been selected to take over management of the Aviara Resort in Carlsbad from Four Seasons Hotels, it was announced Tuesday.

Hyatt plans to brand and manage Aviara Resort as part of its luxury Park Hyatt group on June 21, when it will become the Park Hyatt Aviara Resort, according to the company.

“Hyatt is delighted to be invited to manage this beautiful Southern California resort,” said Steve Haggerty, head of real estate and development for Hyatt Hotels Corp.

“We look forward to a long and successful relationship with the property’s owners and expect a very smooth transition for Aviara guests as we introduce the personalized service and authentic hospitality for which Park Hyatt is known around the world,” he said.

The change in management comes in the wake of a dispute between BRCP HEF Hotel Tenant LLC, the owners of the resort, and Four Seasons Hotels Limited.

BRCP alleged financial mismanagement of the Aviara Resort, a charge Four Seasons disputed.

Ultimately, the matter ended up before an arbitration panel which found that Four Seasons did not breach its management agreement or its fiduciary duties to BRCP, but determined the two companies should part ways.

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Posted by on Apr 20, 2010. Filed under Archives. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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