Property owner Harry Walia said the change in hotel “flag” would likely occur if a Hyatt internal study determines the all-suites hotel, planned for the site of Patrick’s restaurant, would compete with the Chicago chain’s other area properties.
“They’ve looked at the site and they’re interested in it, they like it,” Walia said of the 1400-1410 Main St. property, also home to Tropical Thai and Patellini’s Pizza restaurants.
Hyatt declined to comment on the proposed 102-room hotel because the project has not yet received city approval.
The company’s name is on two other Sarasota hotels, a 294-room Hyatt Regency on Boulevard of the Arts, and a 114-room Hyatt Place that opened recently at the Sarasota-Bradenton International Airport.