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125-room Park Hyatt Included in US $860 million
Cockleshell Bay Development in St. Kitts


Hyatt Hotels & Resorts and St. Michael’s Foundation Limited
Announce New Resort at Cockleshell Bay St. Kitts



ST. KITTS - September 18, 2009 - A new agreement between the St. Michael’s Foundation Limited and Hyatt Hotels & Resorts brings to St. Kitts an unprecedented five-star resort destination. The official signing ceremony took place yesterday at the East Caribbean Central Bank Conference Center. The project, Cockleshell Bay, includes plans for a Park Hyatt St. Kitts resort and spa offering luxury residences and hillside estates. 
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Pictured from left to right, Rakesh Sarna, Chief Operating Office of International Operations, Hyatt Hotel Corporation; Honorable Dr. Denzil Douglas, Prime Minister St. Kitts; Chris Kanhai, Chairman and CED, St. Michaels Foundation developer of Cockleshell Bay (Photo: Business Wire)
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Hyatt Hotels & Resorts and St. Michael’s Foundation, Ltd. Planning
a 2013 Opening for Park Hyatt St. Kitts at Cockleshell Bay

CHICAGO (September 17, 2009) – Hyatt Hotels & Resorts and St. Michael’s Foundation, Ltd. announce the signing of a management agreement for Park Hyatt St. Kitts at Cockleshell Bay.

To be located on the island’s southeastern peninsula against a breathtaking backdrop of pristine white sand beach, Park Hyatt St. Kitts will boast 125 rooms and a state-of-the-art luxury spa featuring eight treatment rooms. The Cockleshell Bay development will also feature 100 Park Hyatt-branded residential townhouses and condominiums, and 86 estate villas, which will deliver the same sophisticated design and discriminating service for which the Park Hyatt brand is globally known. When it is completed, Park Hyatt St. Kitts will be the first Park Hyatt hotel in the Caribbean.

“Park Hyatt St. Kitts will continue the company’s expansion in the Caribbean, joining Hyatt Regency Trinidad, which opened in 2008, and Hyatt Regency Curacao, scheduled to open in early 2010,” said Pat McCudden, senior vice president, development, Latin America and the Caribbean. “We believe St. Michael’s Foundation is the ideal partner for this project and we look forward to delivering an unprecedented level of luxury to St. Kitts.”

Occupying more than 150 acres, the Cockleshell Bay development is expected to be fully complete by 2013. In addition to the Park Hyatt hotel and residences, additional components of the Cockleshell Bay development include a 160-berth marina, a casino and a selection of worldclass restaurants.

“St. Kitts offers a tropical landscape unlike any other Caribbean destination, and we’re confident this development will showcase how the island offers something for all travelers, from our chic capital city of Basseterre to lush rainforests and everything in between,” said Chris Kanahai, chief executive officer, St. Michael’s Foundation. “Hyatt Hotels & Resorts and the Park Hyatt brand share St. Michael’s Foundation’s commitment to excellence and I know we are leading a new area of tourism in St. Kitts that will benefit the region in many ways.”

About Park Hyatt
Intimate and residential in style, Park Hyatt promises elegant and gracious service on a personal scale, and is further distinguished by prime locations and exceptional interior design. Hyatt Hotels Corporation and its subsidiaries operate 25 Park Hyatt hotels. Current locations include; Baku, Beaver Creek, Beijing, Buenos Aires, Canberra, Chicago, Dubai, Goa, Hamburg, Istanbul, Jeddah, Melbourne, Mendoza, Milan, Moscow, Paris, Philadelphia, Saigon, Seoul, Shanghai, Sydney, Tokyo, Toronto, Washington DC, and Zurich.

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 in 45 countries 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 Hyatt®, Park Hyatt®, Andaz™, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt Summerfield Suites™ brand names and have locations under development on five continents. Hyatt Vacation Ownership, Inc., a Hyatt Hotels Corporation subsidiary, develops and operates vacation ownership properties under the Hyatt Vacation Club® brand. As of June 30, 2009, the company’s worldwide portfolio consisted of 413 properties. For more information, please visit www.hyatt.com.

Hyatt Hotels Corporation
(312) 780-5506
Farley.Kern@hyatt.com

Cockleshell Bay’s Marina Village offers marina condominiums and townhomes surrounding the 160-berth marina, managed and operated by Camper & Nicholsons—a company that specializes in premium marinas worldwide. CEO of St. Michael’s Foundation, Chris Kanhai explained, “St. Kitts is like no other island in the Caribbean—it is a tropical paradise.” Mr. Kanhai added, “Our relationship with Hyatt Hotels & Resorts is very special—our mutual commitment to excellence is solid and I know we’re leading a new era of tourism in St. Kitts that will benefit guests, residents and the region in many ways.”

Cotton and Company, the award winning sales and marketing firm based in South Florida, was chosen for the project. CEO Stephann Cotton says, “The beauty of St. Kitts and the Cockleshell Beach location combined with the luxury of Park Hyatt make this a truly unique offering.”

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Contact:

Cotton and Company
Jill Gleichman, 772-287-6612
jill@cottonco.com

http://www.cockleshellbay.com
 

 

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Also See: Addax Holdings Ltd., Owned by Bazarian International Financial Associates,  Signs Global Hyatt to Operate a 100 room Park Hyatt Being  Developed in St. George’s, Bermuda / December 2008
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