Expected to open in 2017, Hyatt Regency Bangkok, Sukhumvit will be the first Hyatt Regency-branded hotel in Bangkok, and will join the already open Grand Hyatt Erawan Bangkok. — Photo by Hyatt

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Grande Asset Hotels and Property Public Company Limited, a Bangkok-based real estate development company, for Hyatt Regency Bangkok, Sukhumvit. Expected to open in 2017, the hotel will be the first Hyatt Regency-branded hotel in Bangkok, and will join the already open Grand Hyatt Erawan Bangkok.

The plans for Hyatt Regency Bangkok, Sukhumvit represent an integral step towards the brand's distribution in one of Asia's key markets. Located in the heart of the rapidly expanding commercial city center, the hotel will be part of a mixed-use development that includes a boutique shopping experience and an upscale residential tower.

"Bangkok is a key gateway city in Asia and we are delighted at the opportunity to have a Hyatt Regency in this market. The hotel perfectly complements the currently operating Grand Hyatt Erawan Bangkok and the under-construction Park Hyatt Bangkok and will offer Hyatt guests a choice of high quality hotels," said Ratnesh Verma, senior vice president, real estate and development, Asia Pacific, Hyatt Hotels and Resorts. "The addition of the hotel reflects Hyatt's commitment to the region and to expanding its distribution in markets where guests are increasingly traveling," added Verma.

Hyatt Regency Bangkok, Sukhumvit will feature 300 guestrooms, including 26 suites. Designed by renowned Thai architecture firm Bangkok Architects, the hotel will feature a three meal multi-cuisine restaurant, a specialty restaurant and a bar. Designed to offer a full range of services and facilities tailored to serve the needs of meeting planners, the hotel will have more than 10,700 sq ft (1,000 sq m) of contemporary meeting space, including a ballroom. Additional hotel amenities will include a six treatment- room spa, a fitness center, a swimming pool, and a club lounge.

"We are thrilled by plans for Hyatt Regency Bangkok, Sukhumvit," said Watcharakiti Watcharothai, Grande Asset Hotels and Property Public Company Limited. "Bangkok continues to experience strong growth in visitor numbers and this solidifies its position as a major leisure and business destination in the South East Asia region. We believe the hotel's locations, amenities and overall urban sophistication will be well suited to upscale corporate, leisure and business travelers' needs."

Centrally situated at Sukhumvit Road Soi 13 in close proximity to the Asoke station of the Bangkok Transit System, the hotel will offer efficient access and visibility, connecting guests with ease to key points of interest in the city and the airport. Given its central business district location, Hyatt Regency Bangkok, Sukhumvit will be surrounded by premium residences, the offices of major international companies and high-end retail stores.

For more information, please visit www.hyattdevelopment.com.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of September 30, 2023, the Company's portfolio included more than 1,300 hotels and all-inclusive properties in 76 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Vacation Club®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Dream® Hotels, Hyatt Centric®, and Caption by Hyatt®; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt®, and JdV by Hyatt®; and the Inclusive Collection, including Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith™, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

Forward-Looking Statements

Forward-Looking 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. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable when made, are inherently uncertain, and are subject to numerous assumptions and uncertainties, many of which are outside of Kiraku, Inc. or Hyatt's control, which could cause actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Forward-looking statements made in this press release are made only as of the date of their initial publication and neither party undertakes an obligation to publicly update any of these forward-looking statements as actual events unfold, except to the extent required by applicable law. If one or more forward-looking statements is updated, no inference should be drawn that any additional updates will be made with respect to those or other forward-looking statements.

Siân Martin
Hyatt Hotels Corporation
+1 312 780 5797
Hyatt