Hotels near the Dallas Fort Worth International Airport are seeing an increase in use and as a result, the airport is working with Hyatt on another hotel concept.
In its work session on Tuesday, March 28, the Fort Worth City Council heard a presentation from John Terrell of the Dallas Fort Worth International Airport concerning the proposal of a new Hyatt House Hotel near the South Gate. It would be part of the Public Facilities Improvement Corporation (PFIC) Project.
Hyatt already has a Hyatt Regency with 800 rooms, a Grand Hyatt with 298 rooms, and a Hyatt Place with 137 rooms at the DFW Airport. Terrell said the new hotel will be six stories and have approximately 125 rooms. It will be located next to the DFW Airport headquarters building and across from the current Hyatt Place hotel.
Terrell said the Hyatt Place, which opened in 2016, has been the No. 1 Hyatt Place hotel in the nation in each of its first two years of existence.
Terrell said projected annual tax revenue to the city of Fort Worth will be $102,000. He said the plan is to begin the project this year and open in early 2020.
“It’s amazing when you starting looking at the numbers on the airport and how busy it is, and it’s expected to just grow,” Mayor Betsy Price said.
Price noted that an average of 67 million passengers pass through DFW Airport annually, making it the third busiest airport in America.
The council did not announce when the proposal would be on the agenda. The council would have to vote on the Public Facilities Improvement Corporation (PFIC) as both owner cities must approve any of those improvements for the airport. Other PFIC projects include the rental car area at the airport.