Park Hyatt to be part of Los Angeles development

A Park Hyatt hotel is slated to open in 2019 as part of the Oceanwide Plaza project in downtown Los Angeles.

The 184-room hotel (including 34 suites) will be adjacent to both L.A. Live and the Staples Center.

China-based Oceanwide Holdings is developing the project, which will also include a 166,000-square-foot open-air retail and entertainment “galleria” and 504 luxury residences.

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