Hyatt says KC convention hotel developers dumped them after asking for financial help

An executive with Hyatt says that earlier this year the developers of a convention hotel in Kansas City came asking for help raising money. Then the developers, he said, “surprised” Hyatt by abruptly dropping it from the project in favor of Loews Hotels & Co.

“They were not transparent with us,” said David Tarr, Hyatt’s senior vice president of real estate and development. “We were very surprised by learning that, after several years of using our name to promote the project, we were not going to be part of the project. That sort of thing doesn’t happen.”

Tarr said he learned that Hyatt was no longer the brand of the 800-room hotel by email on June 21. That was the same day that KC Hotel Developers LLC announced that Loews would take Hyatt’s place.

KC Hotel Developers, represented by Kansas City development attorney Mike Burke, did not discuss Tarr’s comments directly.

The long-awaited convention hotel — the first in Kansas City since 1985 — has been delayed by a number of problems since it was announced in 2015.

Read more: Kansas City Star

Tags:, , , , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students