HP Athens, LLC and Andrew Cajka of Southern Hospitality Group, the hotel’s part owner and operator, sold the 190-key Hyatt Place Athens Downtown in Athens, Ga. to a local investor. Hunter Hotel Advisors brokered the sale and Paul Breslin of Horwath HTL advised HP Athens. Other terms and conditions were not disclosed. The buyer has selected Pyramid Global Hospitality to manage the hotel.
Hunter’s Tim Osborne, senior vice president in the firm’s Chattanooga office, facilitated the transaction.
Located in downtown Athens, the Hyatt Place Athens Downtown is connected to The Classic Center, a mixed-use convention center and performing arts venue that hosts more than 650 events and nearly 365,000 visitors each year. The hotel also offers direct access to Akins Ford Arena at The Classic Center, a new event hall with capacity for more than 8,000.
Near University of Georgia’s North Campus and Sanford Stadium, the property benefits from year-round demand generated by UGA athletics, particularly football, which attracts more than 93,000 fans per game. It is also near historic architecture, local restaurants, live music venues and annual events such as AthFest, a three-day music and arts festival that celebrated its 28th year in 2025.
“As a proud graduate of the University of Georgia, it was a privilege to work on this transaction,” Osborne said. “The Hyatt Place Athens Downtown is a top destination for UGA athletics, group business at The Classic Center, and now concerts and sporting events at the new, state-of-the-art Akins Ford Arena.”
The hotel has nearly 4,000 square feet of meeting space, a business center and a 24-hour fitness center. Dining options include the Breakfast Bar, the lobby bar known as The Placery and HyBar, one of Athens’ only rooftop bars, which serves both guests and locals.