Benzinga | Aug 2, 2021 02:57PM EDT

Hyatt Hotels Opens Thompson Savannah Property In Georgia

* Hyatt Hotels Corp (NYSE:H) has opened Thompson Savannah, the brand's first property in Georgia.

* Thompson Savannah is a joint venture developed by Regent Partners, Mariner Group, and Cadre.

* Set along the banks of the Savannah River, Thompson Savannah is located at the junction of the city's Historic District and its newest neighborhood, Eastern Wharf.

* The property has 193 guestrooms, including 21 suites.

* "This neighborhood strikes the perfect balance for visitors looking to experience all the magic that Savannah has to offer from both a historical and a modern lens," said Matt Graham, general manager of Thompson Savannah.

* Price action: H shares are trading lower by 2.64% at $77.79 on the last check Monday.