Hyatt continues its focus on Thailand’s commercial capital with plans
for Hyatt Regency Bangkok, Sukhumvit
CHICAGO--(BUSINESS WIRE)--Nov. 13, 2012--
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt
affiliate has entered into a management agreement with Grande Asset
Hotels and Property Public Company Limited, a Bangkok-based real estate
development company, for Hyatt Regency Bangkok, Sukhumvit. Expected to
open in 2017, the hotel will be the first Hyatt Regency-branded hotel in
Bangkok, and will join the already open Grand Hyatt Erawan Bangkok.
Expected to open in 2017, Hyatt Regency Bangkok, Sukhumvit will be the first Hyatt Regency-branded hotel in Bangkok, and will join the already open Grand Hyatt Erawan Bangkok. (Photo: Business Wire)
The plans for Hyatt Regency Bangkok, Sukhumvit represent an integral
step towards the brand’s distribution in one of Asia’s key markets.
Located in the heart of the rapidly expanding commercial city center,
the hotel will be part of a mixed-use development that includes a
boutique shopping experience and an upscale residential tower.
“Bangkok is a key gateway city in Asia and we are delighted at the
opportunity to have a Hyatt Regency in this market. The hotel perfectly
complements the currently operating Grand Hyatt Erawan Bangkok and the
under-construction Park Hyatt Bangkok and will offer Hyatt guests a
choice of high quality hotels,” said
Ratnesh Verma
, senior vice
president, real estate and development, Asia Pacific, Hyatt Hotels and
Resorts. “The addition of the hotel reflects Hyatt’s commitment to the
region and to expanding its distribution in markets where guests are
increasingly traveling,” added Verma.
Hyatt Regency Bangkok, Sukhumvit will feature 300 guestrooms, including
26 suites. Designed by renowned Thai architecture firm Bangkok
Architects, the hotel will feature a three meal multi-cuisine
restaurant, a specialty restaurant and a bar. Designed to offer a full
range of services and facilities tailored to serve the needs of meeting
planners, the hotel will have more than 10,700 sq ft (1,000 sq m) of
contemporary meeting space, including a ballroom. Additional hotel
amenities will include a six treatment- room spa, a fitness center, a
swimming pool, and a club lounge.
“We are thrilled by plans for Hyatt Regency Bangkok, Sukhumvit,” said
Watcharakiti Watcharothai, Grande Asset Hotels and Property Public
Company Limited. “Bangkok continues to experience strong growth in
visitor numbers and this solidifies its position as a major leisure and
business destination in the South East Asia region. We believe the
hotel’s locations, amenities and overall urban sophistication will be
well suited to upscale corporate, leisure and business travelers’ needs.”
Centrally situated at Sukhumvit Road Soi 13 in close proximity to the
Asoke station of the Bangkok Transit System, the hotel will offer
efficient access and visibility, connecting guests with ease to key
points of interest in the city and the airport. Given its central
business district location, Hyatt Regency Bangkok, Sukhumvit will be
surrounded by premium residences, the offices of major international
companies and high-end retail stores.
For more information, please visit www.hyattdevelopment.com.
About Hyatt Regency
Hyatt Regency hotels are conveniently located in urban, suburban,
airport, convention and resort destinations around the world. Properties
range in size up to 2,000 rooms, feature intimate and large meeting
spaces, and offer a full range of services and dining options tailored
to serve the needs of conventions, business travelers or resort
vacationers. Hyatt Regency enables all guests – whether they are
traveling to work, unwind or gather in celebration – to feel productive
and revitalized. www.hyattregency.com
About Grand Asset Hotels and Property Public Company Limited
Grande Asset Hotels and Property Public Company Limited is a listed
company in the tourism and leisure category. The company has clear
business goals and investment plans for the short-term and long-term: in
the hotel and hospitality business, the company focuses on investment in
luxury and upper-upscale hotels under world class hotel chains and in
real estate development business, the company focuses on projects that
provide short-term returns in prime locations such as the inner city
business area near mass transit system both in the Bangkok metropolitan
as well as major cities throughout the kingdom.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a proud heritage of making guests feel more
than welcome. Thousands of members of the Hyatt family strive to make a
difference in the lives of the guests they encounter every day by
providing authentic hospitality. The Company's subsidiaries manage,
franchise, own and develop hotels and resorts under the Hyatt®, Park
Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and
Hyatt
House
TM brand names and have locations on six
continents. Hyatt Residential Group, Inc., a Hyatt Hotels
Corporation subsidiary, develops, operates, markets or licenses Hyatt
ResidencesTM and Hyatt Residence ClubTM.
As of September 30, 2012, the Company's worldwide portfolio consisted of
496 properties in 45 countries. For more information, please visit www.hyatt.com.
Forward-Looking Statements
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historical facts, are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements
include statements about our plans, strategies, occupancy and ADR
trends, market share, the number of properties we expect to open in the
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Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20121113007434/en/
Source: Hyatt Hotels Corporation
Hyatt Hotels Corporation
Siân Martin, +1 312 780 5797
sian.martin@hyatt.com
or
Karen
Chung, +852-2768-1271
karen.chung@hyatt.com