2012 Opening Will Mark Introduction of Grand Hyatt Brand to
Malaysia and Increase the Presence of Hyatt-Branded Hotels in
Southeast Asia
PRNewswire-Asia/ -- Hyatt Hotels Corporation (NYSE: H) announced
today that a Hyatt affiliate has entered into an agreement with
Bahagia Investment Corporation (Malaysia) Sdn Bhd to manage Grand
Hyatt Kuala Lumpur. The hotel is under construction and is expected
to open in 2012.
(Photo: http://www.prnasia.com/sa/2011/06/13/20110613709853.html
)
Grand Hyatt Kuala Lumpur will be part of an iconic, mixed use
complex. The hotel, occupying floors 17 through 39 of the property,
will feature 412 guest rooms, including 42 suites and will offer
over 33,000 square feet of meeting and event space, a 228-seat
cafe, a 298-seat specialty restaurant with multiple cuisines, a
74-seat Sky Lobby Lounge, a 102-seat poolside restaurant and bar, a
spa with 11 treatment rooms, and a swimming pool.
There are currently 51 Hyatt-branded hotels in Asia Pacific and
Grand Hyatt Kuala Lumpur will join the two existing Hyatt-branded
hotels in Malaysia: Hyatt Regency Kinabalu and Hyatt Regency
Kuantan Resort. There are 16 other Grand Hyatt hotels in the
region's key gateway cities and destination resorts, including
Bali, Bangkok, Beijing, Jakarta, Seoul, Shanghai, Singapore, and
Tokyo.
Grand Hyatt Kuala Lumpur will be located in the Golden Triangle
area of Kuala Lumpur, in a prime location on Jalan Pinang road
close to the Kuala Lumpur City Centre ("KLCC") and the iconic
Petronas Towers.
Kuala Lumpur is an internationally recognized tourist and
business destination. With a metropolitan population of
approximately 7.2 million, it is the largest city in Malaysia and a
key leisure location. Many of Malaysia's major commercial banks and
financial institutions are headquartered in Kuala Lumpur, as are
many Malaysian companies, making it an international gateway
city.
"In 2010, Malaysia attracted over 24.5 million tourists 每
rivaling that of countries such as Mexico, Germany and Turkey,"
said Willi Martin, area vice president, Southeast Asia, Hyatt
Hotels and Resorts. "We see Grand Hyatt Kuala Lumpur as a
remarkable opportunity to expand the presence of the Hyatt brand
into a principal city in the rapidly emerging Southeast Asia
market."
Given its central location, Grand Hyatt Kuala Lumpur will serve
visitors to nearby offices and leisure attractions. Grand Hyatt
Kuala Lumpur will be located in close proximity to fashion hubs and
business centers, museums, memorials and galleries, and within
driving distance of natural preserves. Kuala Lumpur boasts the best
of many cultures and an immersive experience for travelers from all
corners of the world.
In addition to Grand Hyatt Kuala Lumpur, twelve other Grand
Hyatt properties are currently under development around the world.
Grand Hyatt hotels feature spectacular, distinctive properties in
mixed-use developments or stand alone buildings in major gateway
cities and resort locales around the world. Signature elements
include dramatic lobbies, innovative dining options, state of the
art technology, distinctive spa and fitness centers, and
comprehensive business and meeting facilities. Across all Hyatt
brands, more than 30 new properties opened in 2010, and 140
contracts for new properties were executed.
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(R), Park Hyatt(R), Andaz(R), Grand
Hyatt(R), Hyatt Regency(R), Hyatt Place(R) and Hyatt Summerfield
Suites(R)brand names and have locations on six continents. Hyatt
Residential Group, Inc., a Hyatt Hotels Corporation subsidiary,
develops, operates, markets or licenses Hyatt Residences(TM) and
Hyatt Vacation Club(R), which is changing its name to Hyatt
Residence Club(TM). As of March 31, 2011, the Company's worldwide
portfolio consisted of 451 properties in 43 countries. For more
information, please visit www.hyatt.com.