CHICAGO--(BUSINESS WIRE)--Dec. 11, 2013--
Hyatt Hotels Corporation (NYSE: H) and “Interarm-M” LLC announce the
opening of Hyatt
Place Yerevan, just steps away from the heart of Armenia’s capital
city, the Republic Square.
The opening marks a significant milestone as the Hyatt Place brand
continues to expand outside the United States. New Hyatt Place locations
recently opened in Puerto Rico, Costa Rica and India, and in Europe,
Hyatt Place Amsterdam Schiphol is set to open its doors in early 2014.
“Having built a strong foundation for the brand with more than 180 Hyatt
Place hotels in the United States, we are delighted to now bring Hyatt
Place to Europe and establish the brand’s presence in new markets where
our guests are increasingly traveling,” said
Peter Fulton
, Executive
Vice President, Group President – EAME/Southwest Asia, Hyatt Hotels
Corporation. “We have designed every aspect of the Hyatt Place
experience with today’s traveler in mind. As we continue to grow the
brand strategically and thoughtfully in key markets, this hotel will
allow us to provide more choice to new and existing guests.”
“We are excited to open the first Hyatt Place hotel in Europe in one of
the best locations in downtown Yerevan,” said
Igor Jovovic
, general
manager of Hyatt Place Yerevan. “This all-new, beautiful hotel is
designed to meet all the needs of modern multitasking business or
leisure travelers, and we are looking forward to showing our guests the
authentic hospitality and purposeful service for which the Hyatt Place
brand is known.”
Hyatt Place Yerevan is located next to Republic Square, the heart of
Yerevan’s city center, in close proximity to Government House, Ministry
of Foreign Affairs, the National Gallery, and Abovyan Street, the city’s
main thoroughfare with many boutiques, cafes and gift shops.
Hyatt Place Yerevan offers:
-
95 spacious guestrooms, each featuring a swiveling 42-inch HDTV, the
plush Hyatt Grand Bed, a Cozy Corner with sectional sofa-sleeper and
Hyatt Plug Panel media center for connecting a laptop or media device
to the TV
-
Free Wi-Fi everywhere
-
Free public computers and internet access in the Gallery
-
Free hot breakfast for guests daily
-
Full-service restaurant and 24/7 Gallery Menu serving made-to-order
appetizer, salads, sandwiches and desserts
-
A Coffee to Cocktails Bar featuring specialty coffees and premium
beers, as well as wines and cocktails
-
24 hour StayFit Gym
-
2 meeting rooms, 65 sqm each
-
Open-air Terrace
-
Complimentary car parking
Yerevan, the capital of Armenia, is a very vibrant and rapidly growing
city, where more and more businesses and international organizations are
launching their operations, and the growing influx of tourists from all
over the world makes Yerevan one of the top destinations in the world
for both leisure and business purposes.
HYATT PLACE YEREVAN LEADERSHIP
Hyatt Place Yerevan is under the leadership of General Manager
Igor
Jovovic
and Director of Sales
Marina Solakhyan
. In his role, Jovovic is
directly responsible for managing the day-to-day operations of the hotel
and ensuring guests encounter the purposeful service for which Hyatt
Place is known. Mr. Jovovic also oversees the hotel’s approximately 70
enthusiastic associates from Armenia and two expatriates. Ms. Solakhyan
is responsible for providing sales service and support to tourists and
businessmen visiting Yerevan.
ABOUT HYATT PLACE
Launched in 2006, Hyatt Place brings to the upscale select service hotel
category the authentic hospitality for which Hyatt is known. Inspired by
multitasking travelers’ 24/7 lifestyle, Hyatt Place combines style with
casual hospitality, featuring spacious guestrooms with the Cozy Corner,
free Wi-Fi, the 24/7 Gallery Menu, Coffee to Cocktails Bar, and free hot
breakfast daily with your stay.
Hyatt Place, a brand of Hyatt Hotels Corporation, offers more than 180
locations in the United States, Puerto Rico, Costa Rica, India and
Armenia. For Hyatt Place information or to make a reservation, call
1-888-HYATT-HP (888-492-8847) or visit www.HyattPlace.com.
ABOUT “INTERARM-M” LIMITED LIABILITY COMPANY
“Interarm-M” Limited Liability Company is an Armenia-based company. The
18-million-U.S.-Dollar investment in Hyatt Place Yerevan by “Interarm-M”
LLC represents the first phase of the company’s hospitality investment
plan in Armenia. The company’s Chairman of the Board, Mr.
Samvel
Sargsyan
,is also the Chairman of the Board of Directors of Restorations
& Construction Concern, “Lucine,” a Moscow-based construction company
whose projects include Ararat Park Hyatt.
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®, Hyatt
House®, Hyatt ZilaraTM, and
Hyatt Ziva
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, 2013, the Company's worldwide portfolio consisted of 535
properties in 47 countries. For more information, please visit www.hyatt.com.
Forward-Looking Statements
Forward-Looking Statements in this press release, which are not
historical facts, are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Our actual
results, performance or achievements may differ materially from those
expressed or implied by these forward-looking statements. In some cases,
you can identify forward-looking statements by the use of words such as
“may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,”
“believe,” “estimate,” “predict,” “potential,” “continue,” “likely,”
“will,” “would” and variations of these terms and similar expressions,
or the negative of these terms or similar expressions. Such
forward-looking statements are necessarily based upon estimates and
assumptions that, while considered reasonable by us and our management,
are inherently uncertain. Factors that may cause actual results to
differ materially from current expectations include, among others, the
rate and pace of economic recovery following economic downturns; levels
of spending in business and leisure segments as well as consumer
confidence; declines in occupancy and average daily rate; if our
third-party owners, franchisees or development partners are unable to
access the capital necessary to fund current operations or implement our
plans for growth; changes in the competitive environment in our industry
and the markets where we operate; our ability to access the capital
markets; and other risks discussed in the Company's filings with the
U.S. Securities and Exchange Commission, including our Annual Report on
Form 10-K, which filings are available from the SEC. We caution you not
to place undue reliance on any forward-looking statements, which are
made as of the date of this press release. We undertake no obligation to
update publicly any of these forward-looking statements to reflect
actual results, new information or future events, changes in assumptions
or changes in other factors affecting forward-looking statements, except
to the extent required by applicable laws. If we update one or more
forward-looking statements, no inference should be drawn that we will
make additional updates with respect to those or other forward-looking
statements.

Source: Hyatt Hotels Corporation
Hyatt Hotels Corporation
Malene Rydahl, +33 1 53 45 28 38
malene.rydahl@hyatt.com
or
Stephanie
Sheppard, +1 312 780 5399
Stephanie.sheppard@hyatt.com