Hyatt strengthens China portfolio
With the signing of three new properties at Jiangsu province, Hyatt Hotels is looking at strengthening its presence in China.
The hospitality major will open two Hyatt Regency hotels at Wuxi and Xuzhou in 2012 and one Grand Hyatt at Nanking in 2013. It has recently signed a management contact with Suning Real Estate Development Co.
Steve Haggerty, global head, real estate and development, Hyatt Hotels Corporation, said: “These future openings in three of China’s most dynamic growth centres will further strengthen the Hyatt-branded portfolio in the country.”
Grand Hyatt Nanjing is going to be part of mixed-use development Suning Plaza, which will have luxury serviced residences, a shopping mall, and facilities for dining, leisure, and entertainment.
The 350-room Hyatt Regency Wuxi will be part of a 70-storey mixed-use tower that will feature the hotel on the upper levels, serviced residences on the middle levels, and office space on the lower levels.
The third property, Hyatt Regency Xuzhou, with 350-rooms, will be ensconced in the upper levels of a 60-storey tower, which is one of five towers that will make up Suning Plaza in the city centre.
Hyatt has opened six properties in Greater China in the past 18 months, including Park Hyatt Shanghai; Park Hyatt Beijing; Grand Hyatt Macau; Grand Hyatt Shenzhen; Hyatt Regency Hong Kong Sha Tin; and Hyatt Regency Hong Kong, Tsim Sha Tsui.