Hyatt Place Hotel owner disappointed by pace of development in The Quarters

The Hyatt Place Hotel still regularly sees empty rooms, in part due to the sluggish development of eastern downtown, the hotel’s owner said. 
Nearly a year after it opened its doors, the 255-room hotel currently sits at a 50 per cent occupancy rate, lower than a healthy 65 per cent. And the retail space on the ground of the hotel lies empty.
Owner Prem Singhmar — who owns other establishments in the greater Edmonton area — said the hotel at 9576 Jasper Ave. was planned dur