This week, Hyatt Hotels Corp. and AC Ocean Walk have publicly announced that the property will join the "The Unbound Collection" by Hyatt brand, a collection of new hotel properties.
AC Ocean Walk, a group led by Colorado-based investor Bruce Deifik, bought the former Revel Hotel and Casino property from Glenn Straub for $200 million on Jan. 4. The 710-feet-tall property at 500 Boardwalk is scheduled to open this summer under the name Ocean Resort Casino.
“Hyatt has an incredible 60-plus-year legacy in the industry, and its loyal global customer base will have access to an authentic way to experience all that makes Atlantic City attractive and popular,” Deifik, chairman of AC Ocean Walk, said in a statement. “We are thrilled and proud to be joining The Unbound Collection by Hyatt portfolio as we prepare for the resort’s opening this summer.”
The property is expected to include 1,399 hotel rooms in addition to a casino, five swimming pools, indoor meeting and convention space and outdoor event space, according to the release.
The property is also expected to include restaurant groups such as the Garces Group and LDV Hospitality, entertainment from day and nightclubs and a sports bar, as well as Exhale, a Hyatt fitness and spa brand with 32 treatment rooms and retail space, the release said.
Dozens of job listings are posted on the Ocean Resort Casino’s website.
“We are excited to be affiliating Ocean Resort Casino with The Unbound Collection by Hyatt brand, and to be introducing Hyatt to Atlantic City, one of the nation’s most visited resort and casino destinations,” David Tarr, senior vice president of development for Hyatt, said in a statement.