CHICAGO (October 15, 2012) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with Ginekar Limited Liability Company for a Hyatt Place hotel in Yerevan, the capital of Armenia. Hyatt Place Yerevan is the third Hyatt Place hotel under development in Europe, joining Hyatt Place Amsterdam Airport and Hyatt Place Zurich Airport.
Slated to open in the spring of 2013, Hyatt Place Yerevan will offer 96 guestrooms, in addition to more than 1,300 sq ft (120.7 sq m) of meeting space, an open market with made-to-order meals and snacks around the clock, a restaurant offering breakfast, lunch and dinner; a bar; a four-station e-room, and a well-equipped fitness center. The hotel will be located next to Republic Square, the heart of Yerevan’s city center, and is in close proximity to the Government House, the Ministry of Foreign Affairs, the National Gallery, and Abovyan Street, the city’s main thoroughfare with many boutiques, cafes and gift shops.
“We are pleased to introduce the Hyatt Place brand to a city that is undergoing major commercial and development enhancements and transformations,” said Peter Norman, Senior Vice President – Acquisitions and Development for Hyatt International – Europe, Africa, Middle East) LLC. “The opening of Hyatt Place Yerevan will mark a significant milestone for Hyatt as we begin to introduce the brand worldwide.” In addition to Hyatt Place Yerevan, two Hyatt Place hotels are slated to open outside of the United States in 2012 in Hampi, India and San Jose, Costa Rica.
“We are proud to develop the first Hyatt Place hotel in Armenia,” said Samvel Sargsyan, Chairman of the Board, Ginekar Limited Liability Company. “The Hyatt Place brand is a unique and refreshing concept, and we believe that this will be a very successful hotel serving business and tourist visitors to the Armenian capital.”
Launched in 2006, Hyatt Place brings to the upscale select-service hotel category the authentic hospitality for which Hyatt is known. Inspired by multitasking travelers’ 24/7 lifestyle, Hyatt Place combines stylish design and practical amenities with forward-thinking technology and purposeful service. Hyatt Place hotels feature complimentary Wi-Fi access and remote printing, a 24-hour StayFit@Hyatt fitness center, a coffee and wine bar serving specialty coffees and premium wine, beer, and spirits, complimentary a.m. Kitchen Skillet™, featuring freshly prepared breakfast sandwiches and a Grab ’n Go case stocked with sandwiches and hand tossed salads. The Guest Kitchen offers lunch and dinner entrées 24/7. Specially trained Gallery Hosts offer assistance with everything from directions to check-in to a freshly made meal. Spacious guestrooms are designed to help guests perfectly blend their lifestyle of work and play, featuring the Hyatt Grand Bed™, Cozy Corner sofa sleeper, work center, 42 inch HDTV’s and the Hyatt Plug Panel media center.
About Ginekar Limited Liability Company
Ginekar Limited Liability Company is an Armenian limited liability company engaged in the production and sale of wine. The company’s Chairman of the Board, Mr. Samvel Sargsyan, is also the Chairman of the Board of Directors of Restorations & Construction Concern, “Lucine,” a Moscow-based construction company whose projects include Ararat Park Hyatt.
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 Residence ClubTM. As of June 30, 2012, the Company's worldwide portfolio consisted of 492 properties in 45 countries. For more information, please visit www.hyatt.com.
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