The redesigned Hyatt Regency Irvine, formerly known as Hotel Irvine, will begin reopening this August.
The 516-room property will have its first batch of 175 guestrooms open for booking starting August 15 following a $50 million renovation led by Hyatt Hotels Corp. (NYSE: H).
This will be the first phase of its return to operations; the hotel’s upgrades will be completed by Spring 2024, according to officials.
The property is Irvine’s largest hotel by room count and was closed indefinitely by the Irvine Co. in 2020. Chicago-based Hyatt paid $135 million, or $250,000 per key, for the 14-story hotel in 2022.
The hotel’s updated 50,000 square feet of meeting space is expected to reopen in September as the remaining guestrooms and a club space will be available by December. A new restaurant will also debut next year.
Prior to its closure, the hotel counted 27,000 square feet of meeting space and two restaurant tenants, including Eats Kitchen & Bar and Red Bar & Lounge.