Carlisle Corporation announced in a press conference Monday morning that it had signed a management agreement with Global Hyatt Corporation to manage a 240-room Hyatt Regency Memphis Hotel and Spa at One Beale. The hotel will be located at the base of One Beale, the $175 million mixed-use tower slated to open in downtown Memphis in 2010.
“Global Hyatt will add a sophisticated level of service to residents and guests of this landmark project,” said Gene Carlisle, president of Carlisle Corporation. “We are proud to join with Hyatt and look forward to bringing this upscale product to the downtown market.”