Frontier Development & Hospitality Group and its joint venture partner Basis Investment Group have acquired the Cambria Washington DC.
The hotel comprises 182 rooms, a fitness centre, bar and lounge, meeting rooms and a rooftop terrace with.
The property joined Hyatt's portfolio as Hyatt Washington DC/Convention Center and following the completion of a renovation programme in summer 2025, it will convert to the Hyatt House brand.
What they said
Evens Charles, founder & managing principal of Frontier Development & Hospitality Group said: “We are thrilled to add this Hyatt hotel to our portfolio and look forward to rebranding it Hyatt House Washington DC, Downtown/Convention Center in 2025. This acquisition aligns perfectly with our core value-add strategy of investing in high-quality assets in prime locations with strong growth potential. We are confident that the conversion to the Hyatt House brand will unlock significant value for our investors and guests.”
Jim Tierney, SVP select service development at Hyatt added: “Hyatt remains committed to expanding the Hyatt House brand footprint in key markets where guests and World of Hyatt members want to be. Washington DC is an important market to Hyatt, with leisure and business visitors coming through to experience both short- and long-term stays.”