Properties in Uruguay and Japan and three new US hotels lead
expansion plans
CHICAGO--(BUSINESS WIRE)--
Hyatt
Hotels Corporation (NYSE: H) today announced the expansion of the
Hyatt Centric brand with the first international Hyatt Centric hotel
slated to open in mid-2016 in Montevideo, Uruguay, and the development
of the first Hyatt Centric hotel in Tokyo, Japan. In addition, three
Hyatt hotels in the U.S. – California, Utah and Texas – are moving under
the Hyatt Centric brand.
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Expected to open in early 2018, Hyatt Centric Ginza Tokyo will be the first new-build Hyatt Centric hotel in Asia Pacific. (Photo: Business Wire)
“The new and upcoming Hyatt Centric properties signal momentum for the
brand’s global expansion plans and our foray into the increasingly
popular upper upscale lifestyle segment, setting the stage for
additional hotels in prime destinations by the end of this year,” said
Steve Haggerty, global head of capital strategy, franchising and select
service, Hyatt Hotels Corporation. “The Hyatt Centric brand portfolio is
comprised of full-service hotels with an efficient service model
designed to collaborate with locally known partners to connect guests
with authentic experiences.”
In mid-2016, the Hyatt Centric brand is expected to expand globally with
the opening of its first international hotel, Hyatt
Centric Montevideo, Uruguay. The 178-guestroom hotel will be located
in the famed Pocitos neighborhood and will sit waterfront on River Plate
along the Rambla Republica del Peru. With its prime location, guests
will be able to explore and experience the city like a local along the
Rambla, where Montevideans meet on weekends for exercising, socializing
and taking advantage of the best sunset views in the city. The hotel
will be in close proximity to the business district and tourist sites,
including Ciudad Vieja, the World Trade Center and the Montevideo
Shopping Center. Guests will also have access to over 1,100 square feet
of flexible meeting space, a signature local restaurant and a rooftop
executive lounge. This hotel was previously announced as Hyatt
Montevideo.
Expected to open in early 2018, Hyatt Centric Ginza Tokyo will be the
first new-build Hyatt Centric hotel in Asia Pacific. The 164-guestroom
hotel will be located in Ginza, the prominent luxury fashion and
entertainment center of the city on Namiki-Dori, and will occupy the top
10 floors of the 12-story commercial building tentatively known as the
Ginza Asahi Building owned and under development by Asahi Shimbun. The
hotel will offer dining and a bar with terrace seating, meeting space
suited for gatherings, and a fitness center. The flexible design of the
dining area can be arranged to host a variety of events from meetings to
receptions. The interior design will reflect Ginza’s special blend of
tradition and innovation.
“We are embracing the spirit of exploration and discovery that is at the
core of the Hyatt Centric brand and it will continue to guide us as the
brand grows in new markets,” said Sandra Cordova Micek, global senior
vice president of brands, Hyatt. “The Hyatt Centric brand is created
for millennial-minded travelers who are looking for authentic local
experiences in the center of the destination. Every aspect of a Hyatt
Centric hotel, from quality accommodations to helpful in-the-know staff,
delivers on the brand’s commitment to ensure our guests have everything
they need and inspire them to explore the best that the area has to
offer.”
The three new Hyatt Centric hotels in the U.S. were chosen based on
their sought-after locations and due to their unique designs that
reflect the hotels’ surroundings and local flair.
The new additions join the two hotels that opened in 2015, Hyatt Centric
The Loop Chicago and Hyatt Centric South Beach Miami, and demonstrate
the brand’s strong growth plans.
The vision for Hyatt Centric hotels is to collaborate with regional food
and beverage partners to provide guests and locals with cuisine crafted
by in-demand chefs. Additionally, the brand will introduce high-quality
amenities such as salon-quality hair dryers, soft hooded bathrobes, and
renowned bath products.
The Hyatt Centric Experience
Hyatt Centric hotels are full-service lifestyle hotels created for
millennial-minded guests who view their hotel as more than a place to
stay. Each hotel has its own personality and offers guests a story to
tell, through its eclectic and fun touches and signature Hyatt Centric
elements, including spaces like The Corner, where guests can work,
socialize and peruse a curated collection of local books and magazines,
and a bar and restaurant area that help foster great conversations and
deliver thoughtful, locally inspired food and signature cocktails. Hyatt
Centric hotels are centrally located so that both leisure and business
travelers can easily explore the destination and get a feel for the
local flavor. The Hyatt Centric brand is designed with the concept that
“sometimes less is really more.” All the must-haves that guests expect
from a full-service hotel are there but in the most intuitive and simple
way (e.g., express dispatch service allowing guests to enjoy gourmet
food in their room). While guests can enjoy the in-room technologies
designed to connect seamlessly with their devices and media, a staff of
knowledgeable associates is on hand to aid guests in their discovery of
their surroundings. For more information on Hyatt Centric hotels, visit www.hyattcentric.com.
The term “Hyatt” is used in this release for convenience to refer to
Hyatt Hotels Corporation and/or one or more of its affiliates.
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 develop,
own, operate, manage, franchise, license or provide services to hotels,
resorts, branded residences and vacation ownership properties, including
under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Centric™,
Hyatt Regency®, Hyatt Place®, Hyatt House®,
Hyatt Zilara™, Hyatt
Ziva™, Hyatt
Residences® and Hyatt Residence Club® brand names
and have locations on six continents. As of September 30, 2015, the
Company's worldwide portfolio consisted of 627 properties in 52
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. Our actual
results, performance or achievements may differ materially from those
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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
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Source: Hyatt Hotels Corporation