Austin's The Driskill Will Now Become A Hyatt Hotel
As many people already know, Austin, TX is currently in the midst of the South By Southwest festival, in which music venues, event spaces, and, yes, hotels, are overrun with artists, musicians, filmmakers, tech start-up hopefuls, and pretty much anyone with a bent towards modern-day media culture.
Which makes this a pretty good time for Hyatt to announce their recent acquisition of the city's historic Driskill Hotel. The Statesman reports that Hyatt bought the iconic hotel (and classic SXSW celeb hangout) for $85 million, and plans to spend another $8 million renovating the place over the next two years.
Comprised of 189 rooms, and originally built in 1886, the Driskill occupies a bustling corner of downtown Austin and remains the city's most beloved historic hotel.
According to hotel lore, the original structure was named after Jesse Driskill, a cattleman who wanted to build the "finest hotel south of St. Louis." Looks like he had the right idea, as 126 years later, the hotel is not only thriving, but also incorporates its colorful past into its current identity (case in point: the Cattle Baron Suite).
Hyatt will be the new owner and operator, but don't worry, the hotel will still be called The Driskill. From what we can tell, in fact, not too many major changes will result from the acquisition, except the aforementioned renovation.
Last week, Hyatt debuted its brand new 296-room Hyatt Place Austin Downtown, just three and a half blocks from the Driskill.