If I understand
this article correctly, this Caption will leave the brand to merge with the neighboring Hyatt Centric under its flag following renovations to the property. It cites how the hotel was a test bed for the Caption brand, particularly as it was the first to launch, and that the brand has shifted since its debut.
With the loss of this hotel, the Caption portfolio shrinks to nine properties, and Hyatt hasn't announced anything for this brand in years... so I wonder how viable this whole operation even is.
khabah