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Trinity Investments Forms Strategic Partnership with Certares Through Majority Sale of Hyatt Regency Greenwich

Marks completion of $35 million renovation by Trinity and positions historic hotel for future growth

Trinity Investments (“Trinity”), a private real estate investment firm specializing in hotels and hospitality, has sold a majority interest in Hyatt Regency Greenwich to an affiliate of Certares Real Estate Management LLC (“Certares”), a leading global investment firm focused on the travel and hospitality industries. This marks another successful collaboration between Trinity and Certares, who partnered in 2021 to purchase the EAST Miami hotel, a property that has seen strong growth under their joint ownership.

Trinity acquired Hyatt Regency Greenwich from Hyatt in October 2022 and has since completed a $35 million renovation, reimagining the hotel as a suburban retreat in the heart of historic Greenwich. Drawing on Art Deco influences, the comprehensive revitalization elevated the guest experience and re-established Hyatt Regency Greenwich as a top choice for Connecticut and Westchester travelers.

Today, Hyatt Regency Greenwich features 374 newly refreshed guest rooms, over 35,000 square feet of event space, an indoor saltwater lap pool, a state-of-the-art fitness center, and multiple signature dining experiences, such as Townsend Bar and Glenna’s Café and Market. Under Trinity’s ownership, the hotel also introduced Townsend Cinema, a new 40-seat luxury movie theater developed in partnership with Monoplex.

“We’re extremely proud of the transformation our team has achieved at Hyatt Regency Greenwich, repositioning it as a standout property in the region,” said Sean Hehir, Managing Partner, President, and CEO of Trinity. “Through a targeted renovation, we’ve created a distinctive hospitality experience that speaks to the expectations of today’s traveler. Partnering with Certares allows us to build on that momentum and drive continued growth.”

“We’re excited to join forces with Trinity on Hyatt Regency Greenwich, a property that has been thoughtfully repositioned and primed for long-term success,” said Nolan Hecht, Senior Managing Director at Certares. “As our sixteenth hotel acquisition in the last four years, the hotel is a perfect addition to our portfolio, which comprises high-quality lodging assets in supply-constrained markets experiencing demand growth. As the premier hotel for social and corporate group meetings in Fairfield County or Westchester County, we see meaningful opportunity to capitalize on favorable market dynamics at this transformationally renovated hotel alongside our trusted partners at Trinity.”

This news follows Trinity’s completion of more than $250 million in hotel renovation projects across six assets in 2024.

About Trinity Investments

Trinity is a private real estate investment firm with a 29-year history of specializing in value-add opportunities. Based in Honolulu, Hawaii, with offices in Los Angeles, Miami and London, Trinity focuses on unique real estate investments in world-class markets. As of June 2025, Trinity has invested more than $10 billion in the United States, Mexico, Europe, and Japan by leveraging its deep institutional knowledge and longstanding local relationships. For additional information, please visit Trinity’s website at www.trinityinvestments.com. For updates on Trinity’s investment activity, follow Trinity on LinkedIn.

About Certares

Established in 2012, Certares is a global investment firm focused exclusively on the travel and hospitality industries, leveraging deep sector experience, proprietary transactions and hands-on partnership with management teams to drive growth. With approximately $7 billion of assets under management, including co-investments, as of December 31, 2024, Certares brings together a team with decades of both operational and investment experience in private equity, travel, tourism, hospitality and travel-related business and consumer services.

Since launching its real estate platform in early 2021, Certares has acquired 16 hotels (including Hyatt Regency Greenwich), comprising over 3,700 keys across the country. Hyatt Regency Greenwich is the platform’s second investment of 2025 following the acquisition of the Hilton New Orleans St. Charles Ave. For more information, please visit www.certares.com.

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