CHICAGO (July 12, 2012) - Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has signed a management agreement with Range Developments for a Park Hyatt hotel in St. Kitts. Slated to open in 2015, Park Hyatt St. Kitts will be located on the southeast peninsula of St. Kitts in Christophe Harbour, a 2,500-acre master planned community that is currently under development. The Christophe Harbour development project will offer a Tom Fazio-designed 18-hole championship golf course, a beach club and a 300-acre super yacht marina and marina village.
Park Hyatt St. Kitts will feature 200 guestrooms and 50 Park Hyatt-branded residential condominiums, and the hotel will be constructed in two phases. The first phase will include the completion of the hotel’s 125 guestrooms, two food and beverage outlets, a fitness center, a 12-treatment room spa, and more than 7,000 sq ft of meeting and banquet space. The second phase will include the completion of the remaining 75 guestrooms and a third food and beverage outlet. Dewan Architects is responsible for the hotel’s architecture.
“Park Hyatt St. Kitts will continue our company’s tradition of delivering an unprecedented level of luxury and unrivalled hospitality experience,” said Pat McCudden, senior vice president of real estate and development, Hyatt Hotels & Resorts. “Park Hyatt St Kitts will be designed to provide an intimate, contemporary resort environment, with touches of the local culture – a perfect sanctuary for our discerning guests.”
“We are pleased to launch this major development project on the beautiful island of St. Kitts, one of the most tranquil locations in the Caribbean,” said Munaf Ali, chief executive officer, Range Developments. “We believe Park Hyatt St. Kitts will deliver a new hospitality experience to guests visiting the Caribbean.”
Park Hyatt St. Kitts will be located in Banana Bay, a secluded area offering white sand beaches and crystal clear water, as well as views of The Narrows, a strait separating St. Kitts and the volcanic island of Nevis. The hotel will be less than 15 miles from Robert L. Bradshaw International Airport, Port Zante cruise terminal and Basseterre, the capital of St. Kitts and Nevis, which is headquarters to a number of tax and financial firms, including Caribbean Central Bank and Caribbean Securities Exchange. St. Kitts is an established resort and beach destination, offering activities such as diving, snorkeling, fishing, yachting, and golfing.
There are currently three Hyatt-branded hotels in the Caribbean, including Hyatt Regency Trinidad, Hyatt Regency Aruba Resort and Casino and Hyatt Regency Curacao Golf Resort, Spa and Marina. There are currently four Hyatt-branded hotels under development in the Caribbean, including Park Hyatt Bermuda, Andaz Turks and Caicos, Grand Hyatt Baha Mar, and Hyatt Place Bayamón and El Tropical Casino. For more information, please visit hyattdevelopment.com.
About Park Hyatt
Park Hyatt provides discerning, affluent individual business and leisure guests with elegant and luxurious accommodations. Guests of Park Hyatt receive highly attentive personal service in an intimate environment. Located in many of the world's premier destinations, each Park Hyatt is custom designed to combine sophistication with distinctive regional character. Park Hyatt features well-appointed guestrooms, meeting and special event spaces for smaller groups, critically acclaimed art programs and signature restaurants featuring award-winning chefs.
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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 HouseTM brand names and have locations on six continents. Hyatt House is changing its brand identity from Hyatt Summerfield Suites®. 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 March 31, 2012, the Company's worldwide portfolio consisted of 488 properties in 45 countries. For more information, please visit www.hyatt.com.
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