Hyatt Hotels Corporation announced the development of a new hotel in Hollywood, Calif., for The Unbound Collection by Hyatt brand, slated to open in 2019. A Hyatt affiliate has entered into a franchise agreement with PNK Group, a subsidiary of S3D Partner, to build a new 64-room boutique lifestyle hotel, which will be located at 1525 N. Cahuenga Blvd. Located near the iconic Hollywood Palladium theater, famed Sunset Boulevard and star-lined Hollywood Walk of Fame, the new hotel will reflect the avant-garde attitude of Hollywood. The hotel will be managed by Interstate Hotels & Resorts. A commercial, cultural, and entertainment destination, the Hollywood location will deliver on The Unbound Collection by Hyatt brand promise of creating story-worthy and shareable experiences for modern travelers. In addition to its 39 guest rooms and 24 suites, The Unbound Collection by Hyatt hotel will feature a variety of food and beverage experiences, including a ground-level restaurant, street-front lounge, and rooftop pool deck and lounge. The hotel will cater to both leisure and business travelers seeking an upscale, lively hotel experience in the heart of vibrant Hollywood. The Hollywood hotel is part of a broader expansion of The Unbound Collection by Hyatt brand in North America. The brand added two new hotels in 2017: Holston House in Nashville, Tenn., and Spirit Ridge resort in Osoyoos, British Columbia, with the addition of two more hotels expected this spring: the newly built Eliza Jane hotel in New Orleans and The Bellevue Hotel in Philadelphia. These four new hotels will nearly double the brand's current portfolio. From historic urban gems in Nashville and Philadelphia, to a contemporary trend-setter in New Orleans and an adobe-style resort on historical grounds in Canada, each new property in The Unbound Collection by Hyatt brand portfolio will give guests the opportunity to create shareable experiences and will provide travelers with a variety of upper-upscale and luxurious accommodations.