News for the Hospitality Executive
Vivico Real Estate GmbH Signs Hyatt to Operate a 405-room
within Europaviertel (European Quarter) in Frankfurt, Germany
|CHICAGO - January 29, 2008 - Affiliates of Global Hyatt
Corporation today announced the signing of an agreement with Vivico Real
Estate GmbH to operate a new 405-room Grand Hyatt in Frankfurt. Slated
to open in 2011, the hotel will be part of a 541-foot (165 meter) tower
featuring a modern and stylish design. It will be part of the “Europaviertel”
in Frankfurt, currently being developed as Germany’s largest urban development
The facilities at Grand Hyatt Frankfurt will include a wide selection of restaurants and bars and a 10,765 square foot (1,000 square meter) fitness center and spa. The hotel will also offer 26,910 square feet (2,500 square meters) of extensive meeting and banqueting space with advanced technological features.
The hotel will be conveniently situated only minutes from the city’s banking district, the Frankfurt fairgrounds and the main train station. Frankfurt International Airport is just a 15-minute drive from the development.
Grand Hyatt Frankfurt will be the second Grand Hyatt hotel in Germany, following Grand Hyatt Berlin which opened in 1998, and Hyatt’s sixth property in Germany.
“We are delighted that Hyatt has been appointed to manage this hotel at the important finance and trading center of Frankfurt,” said Gebhard Rainer, managing director, Hyatt Hotels & Resorts, Europe, Africa, Middle East. “Hyatt will bring a creative and innovative approach to the room and restaurant design of Grand Hyatt Frankfurt, and the hotel will further enhance our position in the market. This project is a perfect match for the vibrant city of Frankfurt, complementing Hyatt’s individually unique and successful German hotels: Hyatt Regency Cologne, Park Hyatt Hamburg, Grand Hyatt Berlin, Hyatt Regency Mainz and soon, Hyatt Regency Dusseldorf.”
Vivico invested over EUR 190 million in 2006 alone. Vivico employs around 140 people. The headquarters are located in Frankfurt, with offices in Berlin, Frankfurt, Cologne and Munich. Vivico is a CA Immo company.
Arnulfpark®, Römischer Hof®, Erlenmatt® and RheinTriadem® are registered trade marks of Vivico Real Estate GmbH. The legal notices of Vivico Real Estate GmbH apply to the online links in this press release.
About Global Hyatt Corporation
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|Also See:||Mövenpick Opens First Non-smoking Hotel, the 288 room Mövenpick Hotel Frankfurt City; Bernhard Haller Opening GM / June 2006|
|Fraport AG, Owner of the Frankfurt Airport, Signs Hilton International to Operate Two New Build Hotels on the Airport - a 314-room Hilton Garden Inn sitting alongside a 247-room Hilton Hotel / June 2006|