Construction of new Hyatt Place Aruba Airport increases Hyatt’s brand
presence in the Caribbean
CHICAGO--(BUSINESS WIRE)--
Hyatt
Hotels Corporation (NYSE: H) announced that Hyatt has entered into a
management agreement with Pelca Development V.B.A. for a Hyatt Place
hotel within the Aruba Airport Business Center in Oranjestad, Aruba. The
116-room hotel will be the first Hyatt Place hotel in Aruba, adjacent to
the Reina Beatrix International Airport (AUA), and will provide guests
with a relaxing and uncomplicated place to pause before beginning the
next leg of their journey.
The Hyatt
Place brand is rooted in extensive consumer insights indicating that
guests seek stylish, comfortable, seamless experiences that accommodate
their lifestyles and familiar routines. To embody this, the brand offers
casual hospitality and purposeful service in a smartly designed,
high-tech and contemporary environment.
“We are delighted to be working with Pelca Development V.B.A. to bring
the first Hyatt Place hotel to Aruba,” said Camilo Bolaños, vice
president of development and real estate – Latin America and Caribbean,
Hyatt. “Hyatt Place hotels combine style, innovation and 24/7 amenities
to create a seamless stay with modern comforts. Ease of access and
connectivity to Aruba’s business areas and tourist attractions, in
addition to convenient proximity to the airport will help establish
Hyatt Place Aruba Airport as a preferred lodging option for business and
leisure travelers seeking convenience.”
Hyatt Place Aruba Airport will be located on an approximate 2.1-acre
mixed use development site that will contain 21,000 square feet of
office space, as well as an 8,000-square foot food court, retail shops,
a casual dining restaurant, and car rental facilities. Additionally, the
hotel will feature a covered walkway that will provide direct pedestrian
access between the hotel and Reina Beatrix International Airport, which
currently serves more than two million passengers per year by more than
20 international carriers.
With construction expected to begin in early 2017, Hyatt Place Aruba
Airport is projected to open in late 2018, and will join the already
open Hyatt
Regency Aruba Resort Spa and Casino. Additionally, this hotel will
mark the fourth Hyatt Place hotel in the Caribbean, joining Hyatt
Place Manatí, Hyatt
Place San Juan/Bayamón and Hyatt
Place San Juan/City Center in Puerto Rico.
For more information on Hyatt Place hotels, please visit www.hyattplace.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 PLACE
Hyatt Place, a brand of Hyatt Hotels Corporation, combines style,
innovation and 24/7 convenience to create a seamless stay with modern
comforts. There are more than 260 Hyatt Place locations in the United
States, Armenia, Brazil, Chile, China, Costa Rica, Honduras, India,
Mexico, Morocco, Nicaragua, Panama, Puerto Rico, Thailand, The
Netherlands, United Arab Emirates, and United Kingdom. Join the
conversation on Facebook
and Instagram,
and tag photos with #HyattPlace and #WhySettle.
ABOUT HYATT HOTELS CORPORATION
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a portfolio of 12 premier brands and 679
properties in 54 countries, as of September 30, 2016. The Company's
purpose to care for people so they can be their best informs its
business decisions and growth strategy and is intended to create value
for shareholders, build relationships with guests and attract the best
colleagues in the industry. 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 Park Hyatt®, Grand Hyatt®, Hyatt
Regency®, Hyatt®, Andaz®, Hyatt
Centric®, The Unbound Collection by Hyatt™, Hyatt
Place®, Hyatt House®, Hyatt Ziva™, Hyatt
Zilara™ and Hyatt Residence Club® brand
names and have locations on six continents. 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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are inherently uncertain. Factors that may cause our actual results,
performance or achievements to differ materially from current
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recovery following economic downturns; levels of spending in business
and leisure segments as well as consumer confidence; declines in
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owners, franchisees or development partners to access the capital
necessary to fund current operations or implement our plans for
growth; risks associated with potential acquisitions and dispositions
and the introduction of new brand concepts; changes in the competitive
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Source: Hyatt Hotels Corporation