CHICAGO, Jun 07, 2010 -- Hyatt Hotels Corporation (H 38.21, -0.05,
-0.13%) announced today the signing of management agreements for
three new Andaz properties. The hotels will be located in Sanya Sunny Bay,
China; Delhi, India; and Providenciales, Turks and Caicos. These planned
properties, situated in prime urban and resort locations, will be the latest
additions to the expanding Andaz brand, which only three years after its
debut, includes 11 properties open or under development in six countries.
Personal and uncomplicated, Andaz is a new hotel experience that blends
fresh, engaging hospitality with stylish, vibrant settings, created with
simplicity and locality in mind. These new properties will join Andaz Liverpool
Street, London (2007), Andaz West Hollywood (2009), Andaz Wall Street (2010)
and Andaz San Diego (2010). Andaz 5th Avenue is scheduled to open in New
York in summer 2010. Previously announced planned openings include Andaz
Austin, Texas; Andaz Amsterdam; and Andaz Papagayo, Costa Rica.
"The Andaz brand is quickly taking hold in the lifestyle hospitality
category and is a key component of Hyatt's strategy of increasing our presence
in key markets around the world where we see growth potential," said Steve
Haggerty, global head of real estate and development, Hyatt Hotels Corporation.
"The momentum behind Andaz is a testament to the brand's global appeal,
and Hyatt's well-established reputation as a preferred management company."
The 183-room Andaz Sanya Sunny Bay, which will be located in
a large scale mixed-use resort community on the southern oceanside of China's
Hainan Island, will be complemented by the 196-room Park Hyatt Sanya Sunny
Bay and branded villas. With a mountain on one side and a white sand beach
facing the South Sea on the other, Andaz Sanya Sunny Bay will offer five
restaurants, as well as a 2,500-square-foot ballroom and three meeting
rooms. The hotel will share a variety of amenities with Park Hyatt Sanya
Sunny Bay, including a Spa Village featuring an outdoor swimming pool,
beach club, fitness center, extensive spa facilities and treatment rooms,
as well as a restaurant, tea house, and bakery. The hotel will be developed
by Sunny Bay Development Company.
Slated to open in 2013, Andaz Delhi, a 323-room hotel with an
additional 118 Andaz-branded apartments, will be located in India's second-largest
metropolis which is also a leading economic center. The hotel, which will
be developed by Juniper Hotels Private Limited, will be part of the burgeoning
Hospitality District, near Indira Gandhi International Airport and close
to Delhi's emerging Central Business District and the commercial hubs of
Gurgoan and South Delhi. The hotel will feature a variety of amenities
including a lounge, theme bar, two restaurants, spa, and fitness center.
Additionally, the property will offer a 7,000-square-foot ballroom and
seven meeting rooms. The project, the first Andaz property planned in India,
comes two months after Hyatt announced plans to expand its presence in
Delhi, Goa, Kolkata and Mumbai, as well as expand into 15 new Indian markets
over the next five years.
The 170-key Andaz Turks and Caicos, scheduled to open in 2014
on the central island of Providenciales in Turks and Caicos, will include
approximately 76 Andaz-branded condominium residences and three villas
which owners can choose to place into an Andaz-managed rental program.
Situated on a 21-acre property along a 2,700-foot crescent-shaped oceanfront
parcel, the hotel will feature a variety of amenities including several
restaurants, an outdoor pool, spa and fitness center. Additionally, the
property will offer several options for events and meetings, including
five Andaz Studios, two trellised courtyards, an event gallery, and a studio
display kitchen. The hotel, which will be developed by the Cloisters Group,
will be located approximately 15 minutes by car from Providenciales International
About Sunny Bay Development Company
Sunny Bay Development Company is a development subsidiary of DTW Group,
a leading Chinese logistic company. The DTW Group was founded in 1992,
headquartered in Beijing and currently operates 33 integrated logistics
distribution centers, 23 international freight forwarding stations, 7 bonded
warehouses, 114 network hubs. Through this network DTW Group is present
in all major cities and economic regions in China where it provides outstanding
services for domestic transportation, international freight forwarding,
warehousing and contract logistics services. DTW Group was the former JV
partner of Fedex in China.
About Juniper Hotels Private Limited
Juniper Hotels Private Limited (JHPL) is a hotel investment company
co-owned by Two Seas Holdings Limited, and Saraf Holdings Limited. JHPL
owns Grand Hyatt Mumbai and Hyatt Regency Ahmedabad in Western India, scheduled
to open in 2013. Saraf Holdings, a developer of Hyatt hotels in India through
its affiliates also own hotels under the Hyatt Regency brand in Kolkata
(Eastern India), which opened in 2002; Chennai in Southern India, scheduled
to open in 2010; and Kathmandu, a luxury five-star resort in Kathmandu,
Nepal, which opened in 2000.
About Cloisters Group
The Cloisters group of companies, which is led by Antonio Dallamano,
was established specifically to develop Andaz Turks and Caicos. The partners,
who are all long term residents of the Turks and Caicos Islands, have extensive
international business experience in development projects.
Global in scale while local in perspective, Andaz delivers an innovative
hospitality experience and attentive, uncomplicated service designed to
accommodate guests' personal preferences. Hotels in this unique collection
reflect the spirit of their locale, and are dedicated to creating natural
and vibrant living spaces where travelers can indulge in their own personal
sense of comfort and style. For more information and reservations, visit
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(R), Park
Hyatt(R), Andaz(R), Grand Hyatt(R), Hyatt Regency(R), Hyatt Place(R) and
Hyatt Summerfield Suites(TM) 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(R) brand. As of March 31, 2010, the company's worldwide
portfolio consisted of 434 properties. For more information, please visit
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