Hyatt Regency at the Oregon Convention Center to re-open May 24 despite bleak outlook for convention industry The luxury hotel hasn’t come close to living up to expectations because of the pandemic, forcing Metro to tap into reserves to pay off $60 million in revenue bonds. Author: Kyle Iboshi (KGW) Updated: 12:17 PM PDT May 13, 2021 PORTLAND, Ore. — The Hyatt Regency Portland at the Oregon Convention Center plans to re-open on May 24 after shutting down operations for more than a year. The sleek 600-room hotel, which took years of planning and millions in public funding, opened in December 2019 only to suspend operations four months later due to the COVID-19 pandemic.