Crescent Hotels & Resorts adds Two NYC Hyatt Hotels to Management Portfolio
The Hyatt Herald Square New York and the Hyatt Place New York/Midtown South are now being managed by Crescent Hotels & Resorts. Crescent Hotels & Resorts is an award winning, nationally recognized operator of major hotels and resorts throughout the United States & Canada.
The Hyatt Herald Square New York is a stylish hotel in Midtown Manhattan, on 31st Street between Broadway and 5th Avenue. The Hyatt Place New York/Midtown South is just a few blocks north, on 36th Street between Broadway and 5th Avenue.
Both Hyatt hotels are pet-friendly, feature on-site restaurants and markets with Grab & Go items, and offer a 24/7 gym and 24/7 business center. The Hyatt Herald Square New York also offers valet parking, complimentary wifi and a rooftop lounge.
"Crescent has extensive operating experience in New York City," said Michael George, Chief Executive Officer of Crescent Hotels & Resorts. "As an experienced Hyatt operator, Crescent will maximize upon the potential of these great hotels."
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
