CHICAGO (August 4, 2011) – Hyatt Hotels Corporation
(NYSE: H) announced today that a Hyatt affiliate signed an agreement
with SIGNA Holding Group to manage Park Hyatt Vienna, which will be
located in the city’s renowned Innere Stadt, or First District.
Slated to open in 2013, Park Hyatt Vienna is being created within an
historic building, bringing the legendary Park Hyatt luxury brand to a
premier location in one of Europe’s key business and cultural
destinations. One of fourteen Park Hyatt hotels under development
worldwide, Park Hyatt Vienna, upon opening, will become the seventh
Park Hyatt hotel in Europe and the first Hyatt-branded hotel in Austria.
“Park Hyatt Vienna’s prime location in a world class city exemplifies
one of the hallmarks of the 26 Park Hyatt hotels worldwide,” said
Stephen Haggerty, global head of real estate and development for Hyatt
Hotels Corporation, “and being located in an historic building will add
to the unique character of the hotel, another defining element of the
Park Hyatt brand. The Park Hyatt Vienna project demonstrates the
diversity and versatility of our efforts to enhance guest loyalty by
expanding the presence of all Hyatt-branded hotels around the world in
destinations like Vienna where our guests are travelling.”
Park Hyatt Vienna will feature 143 rooms, including 35 suites. In
addition to an all-day dining restaurant, lobby and cigar lounges, and
a hotel bar, the hotel will include a premier meeting facility with
640m2 of conference space, a fitness center, and a spa. The
world-class luxury hotel, which will reflect the intimate and
understated elegance of the Park Hyatt brand, is being designed by
architects Neumann & Partners and interior design firm FG Stijl.
“Park Hyatt Vienna will add one of the continent’s greatest cities to
the footprint of Hyatt-branded hotels in Europe,” said Gebhard Rainer,
managing director, Hyatt Hotels & Resorts, Europe, Africa, and
Middle East, “and will be a marvelous addition to the Park Hyatt brand.
We look forward to welcoming guests to the Austrian capital and one of
Europe’s greatest political, economic and cultural centers.”
Situated on Am Hof, one of Vienna’s largest squares within the First
District, which was added to the UNESCO World Heritage List in 2001,
Park Hyatt Vienna will be located in the heart of the most exclusive
shopping district in Vienna and within walking distance of the city’s
famous Opera House and other important sights, historic monuments, and
museums. The United Nations Office at Vienna and other important
political buildings are also located within a short distance of the
hotel.
Currently, discerning global travelers look to Park Hyatt for
luxurious, elegant accommodation and personalized, attentive service in
26 locations, including Baku, Beaver Creek, Beijing, Buenos Aires,
Canberra, Carlsbad, Chicago, Dubai, Goa, Hamburg, Istanbul, Jeddah,
Melbourne, Mendoza, Milan, Moscow, Paris, Saigon, Seoul, Shanghai,
Sydney, Tokyo, Toronto, Washington, D.C., and Zurich. Thirteen
previously-announced Park Hyatt hotels are under development in Abu
Dhabi, United Arab Emirates; Além-Tejo, Portugal; St. Georges,
Bermuda; Changbaishan, Guangzhou, Hangzhou, Ningbo, and Sanya Sunny
Bay, China; Chennai, Hyderabad, and Mumbai, India; Marrakech, Morocco;
and New York, United States. Four of these new properties are
slated to open in the latter half of 2011 and, once open, will increase
the number of Park Hyatt properties to 30, representing a 50% increase
in the brand’s presence worldwide in the past three years.
About Park Hyatt
Intimate and residential in style, Park Hyatt hotels promise gracious
service on a personal scale. Located in many of the world’s premier
destinations, each Park Hyatt hotel combines elegance with distinctive
regional character. Park Hyatt hotels feature sophisticated interiors,
meeting and special event spaces for small groups and social occasions,
critically acclaimed art programs, and signature restaurants featuring
award-winning chefs. For more information, visit www.parkhyatt.com.
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 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 on six continents. Hyatt Residential Group, Inc., a Hyatt
Hotels Corporation subsidiary, develops, operates, markets or licenses
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.
Forward-Looking Statements
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. These statements
include statements about our plans, strategies, financial performance,
prospects or future events and involve known and unknown risks that are
difficult to predict. As a result, our actual results,
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are inherently uncertain. Factors that may cause actual results
to differ materially from current expectations include, among others,
the rate and pace of economic recovery following the recent economic
downturn; levels of spending in business and leisure segments as well
as consumer confidence; declines in occupancy and average daily rate;
hostilities, including future terrorist attacks, or fear of hostilities
that affect travel; travel-related accidents; changes in the tastes and
preferences of our customers; relationships with associates and labor
unions and changes in labor law; the financial condition of, and our
relationships with, third-party property owners, franchisees and
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