Hyatt Continues Expanding Brand Presence in China with Plans for Hyatt Regency Beijing, Wangjing
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Beijing Lixing Property Development Co., Ltd for a new Hyatt Regency hotel in Beijing. Expected to open in 2017, Hyatt Regency Beijing, Wangjing will be the first Hyatt Regency in this key gateway city, joining the two existing Hyatt-branded hotels, Park Hyatt Beijing and Grand Hyatt Beijing.
"We are excited to bring the Hyatt Regency brand to one of the most sought-after cities in the world and further expand Hyatt's brand presence in the capital city of China," said Larry Tchou, Group President, Asia Pacific, Hyatt Hotels Corporation. "We are delighted to work with Beijing Lixing Property Development Co., Ltd to introduce world-class facilities and we look forward to bringing Hyatt's authentic hospitality to the Wangjing community."
Located in northeastern Beijing, Hyatt Regency Beijing, Wangjing will be part of a mixed use development, comprised of the hotel, three high-end office buildings, retail spaces, and a central park area. Designed by the world-renowned architect Kengo Kuma, the hotel will be integrated into the adjacent park with a sunken garden and green elements throughout the premises, providing a perfect communal space for relaxation or business in the surrounding community.
Hyatt Regency Beijing, Wangjing will feature 349 guestrooms, an array of restaurants and bars, multi-functional event spaces, a fitness center, a spa, and a swimming pool.
About Hyatt Regency
Hyatt Regency hotels are conveniently located in urban, suburban, airport, convention and resort destinations around the world. Properties range in size up to more than 2,000 rooms, feature intimate and large meeting spaces and offer a full range of services and dining options tailored to serve the needs of conventions, business travelers or resort vacationers. Hyatt Regency enables all guests – whether they are traveling to work, unwind or gather in celebration – to feel productive and revitalized. www.hyattregency.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 June 30, 2024, the Company's portfolio included more than 1,350 hotels and all-inclusive properties in 78 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.
