Craziness: Hyatt Regency sues Hyatt corporate because of a Hyatt House
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In an interesting piece I read today, a Hyatt Regency hotel is suing Hyatt corporate over the approval of a newly-constructed Hyatt House hotel that opened just a block away. The Hyatt Regency in Jersey City used to be the only game in town since its opening in 2002. It is an easy ferry ride or PATH train ride from Manhattan and situated right on the Hudson River.
The folks at the Hyatt Regency Jersey City apparently didn’t feel threatened by a Hyatt House franchise potentially in very close proximity to their location, as Mack-Cali, the Regency franchisee, signed an agreement allowing construction of the new hotel, something that is part of their contract with Hyatt. Now they are suing Hyatt on the grounds that Hyatt…
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