Hotel New Orleans to Become Hyatt Place

 Hotel New Orleans Holdings LLC, a joint venture between affiliates of HRI Properties and Interwest Capital Corp., recently purchased the Hotel New Orleans, which is in the midst of a renovation and rebranding that will be completed in 2012. The 170-room hotel, across from the 1.1 million-square-foot Ernest N. Morial Convention Center, will become the Hyatt Place New Orleans Convention Center and will remain open during renovations. The property features a restaurant, a fitness center and 1,250 square feet of meeting space.