Hyatt Hotels Corporation announced the introduction of its Hyatt Place and Hyatt House brands in Asia with the signing of management agreements by Hyatt affiliates for two Hyatt Place hotels and one Hyatt House hotel in Shanghai. The company also announced that Hyatt affiliates signed management agreements for eight additional full service hotels in China, bringing the total of announced Hyatt-branded hotels under development in China to 32.
The first Hyatt House and Hyatt Place hotels in China will be located in Shanghai’s Jiading New Town and Xinjiangwan suburbs. Management agreements have been signed for the 210-room Hyatt Place Shanghai Jiading, the 77-room Hyatt House Shanghai Jiading, and the 150-room Hyatt Place Shanghai Xinjiangwan.
With the announcement of its first Hyatt Place and Hyatt House properties in China, Hyatt is taking another step in the worldwide expansion of its select service brands, which also have properties under development in India, Europe and Latin America. The Hyatt Place and Hyatt House concepts are rooted in extensive consumer research and offer casual hospitality in a smartly designed, high-tech and contemporary environment. Research indicates that guests merge their personal and professional lives while traveling and want a hotel that makes it easy to do so.
“These three new hotels will mark the introduction of Hyatt’s select service brands in China,”
said Nong Xia, senior vice president of real estate and development for Hyatt Hotels & Resorts in China,
“and will serve as a showcase for the Hyatt House and Hyatt Place brands as we expand their presence to other Chinese markets to meet the needs of increasing numbers of domestic travellers and affluent Chinese consumers.
We expect these innovative brands to be well received by Chinese developers and guests, and believe bringing our select service offerings to this market is an important step toward becoming the preferred hospitality brand in China.”
Hyatt House Shanghai Jiading and Hyatt Place Shanghai Jiading, expected to open in the summer of 2014, will be part of a planned mixed use development near the city centre that will be comprised of commercial, residential, and recreational areas. Hyatt Place Xinjiangwan, which will be located in the Yangpu District, is expected to open in early 2015.
The additional eight executed full service management agreements for new hotels in China being announced include three Grand Hyatt hotels and five Hyatt Regency hotels. The Grand Hyatt hotels will be located in Hefei, Lijiang, and on the Shenzhou Peninsula. Of the five additional Hyatt Regency hotels, four will be located in Shanghai: Chongming, Hongqiao, Jiading and Wujiaochang; and one will be located in Zhenjiang.
“The new agreements being announced today, along with the previously announced properties under development, demonstrate growing confidence among owners and developers in the strength of Hyatt-branded hotels in China,” said Steve Haggerty, global head of real estate and development for Hyatt Hotels Corporation.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feels 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 Park Hyatt, Andaz, Grand Hyatt, Hyatt Regency, Hyatt, 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 as Hyatt ResidencesTM and Hyatt Vacation Club®, which is changing its name to Hyatt Residence ClubTM. As of June 30, 2011, the Company’s worldwide portfolio consisted of 456 properties in 44 countries.
For more information, please visit www.hyatt.com.
