CHICAGO--(BUSINESS WIRE)-- Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Hospitality Management Chantilly for a Hyatt Regency hotel in Chantilly, France. The 210-room hotel will mark the eighth Hyatt-branded hotel and the fourth Hyatt Regency hotel in France. Hyatt Regency Chantilly is expected to open in 2018.

“Hyatt Regency Chantilly is set to be an exciting development as we build on the strength of the Hyatt Regency brand,” said Peter Norman, senior vice president, acquisitions and development – Europe, Africa, and Middle East for Hyatt. “It is a pleasure to collaborate for the first time with Hospitality Management Chantilly, and we look forward to introducing a well-designed hotel with superior facilities and authentic service. The new hotel will appeal to leisure guests, business travelers and conference hosts alike.”

Hyatt Regency Chantilly will be designed to connect today’s travelers to who and what matters most. Located 31 miles (50 kilometers) from Paris in the opulent town of Chantilly, guests will be near many attractions, including the Chateau de Chantilly and the prestigious Chantilly horse race courses. The hotel will be comprised of eight buildings set amongst verdant trees and a river that runs through the hotel grounds. Hyatt Regency Chantilly will serve as the perfect venue for a variety of events such as weddings, social banquets, exhibitions, meetings, and conferences. Additionally, the hotel will feature a number of food and beverage experiences, a fitness center, spa, and an outdoor swimming pool.

“We are honored to work with Hyatt on what will be the fourth Hyatt Regency hotel in France,” said Philippe Valleix, Hospitality Management Chantilly. “It is extremely exciting to bring the Hyatt Regency brand to Chantilly, where guests will be able to enjoy the combination of superb facilities and tranquil surroundings. We feel our strong local experience gained over a number of decades will nicely complement Hyatt’s ability to deliver world-class brand experiences.”

For more information, please visit hyattregency.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 Regency

The Hyatt Regency brand prides itself on connecting travelers to who and what matters most to them. More than 175 conveniently located Hyatt Regency urban and resort locations in over 30 countries around the world serve as the go-to gathering space for every occasion – from efficient business meetings to memorable family vacations. The brand offers a one-stop experience that puts everything guests need right at their fingertips. Hyatt Regency hotels and resorts offer a full range of services and amenities, including the space to work, engage or relax; notable culinary experiences; technology-enabled ways to collaborate; and expert event planners who can take care of every detail. For more information, please visit hyattregency.com. Follow @HyattRegency on Facebook, Twitter and Instagram, and tag photos with #AtHyattRegency.

About Hospitality Management Chantilly

Hospitality Management Chantilly is a privately held company holding the goodwill with shared interest by Arthur Bras Group and PJVHC; the hotel property is entirely owned by the Arthur Bras Group. Arthur Bras has built a solid reputation in the construction and renovation of individual pavilions. For more than thirty years, Arthur Bras has specialized in the real estate development and realization of luxury residences in the Chantilly region and surroundings. Philippe Valleix is the head of PJVHC, a company specialized in Asset Management, and Managing Director and Head of Asset Management for Guidance Investments Ltd., and previous Chairman of Shaza Hotels Ltd, a joint venture with Kempinski hotels. He has great experience in the hotel industry, having started his career at Hyatt Hotels in Chicago. He has held numerous General Manager roles across a number of continents. His experience includes managing Hyatt hotels in Mexico, New York, Rabat, Brussels, and has overseen hotels in Saudi Arabia, Buenos Aires, Santiago, Orlando, Paris, Casablanca, and Marrakech.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 13 premier brands. As of December 31, 2016, the Company's portfolio included 698 properties in 56 countries. 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®, Miraval®, 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 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 our actual results, performance or achievements 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; the financial condition of, and our relationships with, third-party property owners, franchisees and hospitality venture partners; the possible inability of third-party 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 environment in our industry, including as a result of industry consolidation, and the markets where we operate; general volatility of the capital markets and our ability to access such 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 U.S. Securities and Exchange Commission. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only 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 law. 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.

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Source: Hyatt Hotels Corporation