Hyatt Regency Cali to establish Hyatt’s brand presence in one of
Colombia’s top international and regional business destinations
CHICAGO--(BUSINESS WIRE)--Sep. 20, 2013--
Hyatt
Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate
has entered into a management agreement with Fideicomiso
FAFP-Promover-Hotel Cali- Fiduciaria del País S.A. for a Hyatt Regency
hotel in
Santiago de Cali
, Colombia. This agreement marks the third
Hyatt-branded hotel under development in Colombia, joining Grand
Hyatt Bogota and Hyatt
Regency Cartagena, which are both slated to open in 2016.
“Cali represents an important destination for a Hyatt Regency hotel
because it is a Colombia’s second largest city and a gateway to Latin
America,” said
Pat McCudden
, senior vice president, real estate and
development – Latin America and Caribbean for Hyatt. “Expanding Hyatt’s
brand presence in Colombia is a critical component of our growth
strategy for Latin American and the Caribbean destinations, and
reaffirms Hyatt’s commitment to becoming the most preferred brand among
business and leisure travelers in the region.”
Scheduled to open in 2016, Hyatt Regency Cali will be situated in
northwestern Cali, in one of the city’s most popular and upscale
neighborhoods, adjacent to Chipichape Mall, the city’s largest shopping
center. The 218-room full service hotel will feature a restaurant and
bar, meeting and banquet facilities totaling nearly 15,000 square feet,
a spa and fitness center, and an indoor pool. The hotel will be a main
component of the World Trade Center Pacific Cali, a 2.6 acre mixed use
development that will also include high-end retail space, office space
and a state-of-the-art medical services facility. In close proximity to
Alfonso Bonilla Aragón International Airport,
Valle del Pacifico
Convention Center and various industrial parks, the hotel will be
strategically positioned to capture Cali’s leisure and business
travelers, as well as meetings and events business in the Valle del
Cauca region, an area growing in business and medical tourism.
“Colombia is a welcoming and culturally rich country known for its
hospitality, and we are thrilled to be bringing the Hyatt Regency brand
to the World Trade Center Pacific Cali,” said Promover Gerencia
Inmobiliaria S.A.S. and Grupo Empresarial Pincaso S.A.S. as developers.
“We are thrilled to be working with Hyatt as we elevate the business and
tourist profile of this important destination with the addition of Hyatt
Regency Cali.”
Currently, travelers and Hyatt Gold Passport members have eleven
Hyatt-branded hotels to choose from in destinations across Latin America
and the Caribbean:
Including Hyatt Regency Cali, there are more than 20 Hyatt-branded
hotels under development in destinations across Latin America and the
Caribbean. For more information, please visit www.hyattdevelopment.com.
About Hyatt Regency
Hyatt Regency offers a full range of services and facilities tailored to
serve the needs of meeting planners, business travelers and leisure
guests. Properties range in size from 180 to over 2,000 rooms and are
conveniently located in urban, suburban, airport, convention and resort
destinations around the world. Hyatt Regency convention hotels feature
spacious meeting and conference facilities designed to provide a
productive environment allowing guests to convene and connect. Hyatt
Regency hotels in resort locations cater to couples seeking a getaway,
families enjoying a vacation together and corporate groups seeking a
functional and relaxed atmosphere in which to conduct business and
meetings.
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® 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 June 30, 2013, the Company's worldwide portfolio
consisted of 524 properties in 46 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
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Source: Hyatt Hotels Corporation
Hyatt Hotels Corporation
Aurelia Vasquez, +1 305 510 2140
aurelia.vasquez@hyatt.com