Hyatt Place Nagpur will be the 24th Hyatt Place hotel under development in India
CHICAGO (August 22, 2012) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate signed a management agreement with Unity Infraprojects Limited for a Hyatt Place hotel in Nagpur, India. Hyatt Place Nagpur marks the 24th Hyatt Place hotel under development in India, bringing the total number of announced Hyatt-branded hotels under development in India to 57.
“The development of the Hyatt Place hotels in India reflects our commitment to offering this select-service brand in one of the world’s fastest-growing markets,” said Ratnesh Verma, Senior Vice President - Real Estate and Development, Asia Pacific for Hyatt Hotels & Resorts. “We are focused on creating preference by enhancing distribution of the Hyatt Place brand in both new and established markets in India where our guests are increasingly traveling.”
“This is a great moment for our company as this is our first hospitality venture,” said Kishore K. Avarsekar, Chairman and Managing Director of Unity Infraprojects Limited. “We are delighted to be associated with an internationally renowned group like Hyatt, a company that is known for its high standards. We look forward to building on this relationship with them.”
Expected to open in 2016, Hyatt Place Nagpur will be part of mixed use development on Wardha Road, which connects the city center to the airport. The hotel will feature 125 guestrooms and will offer a restaurant and bar, meeting space, a fitness center, and a pool. Hyatt Place Nagpur will be located less than five miles from the city’s airport, and will also be in close proximity to many of the city’s higher education institutions and retail areas, including Civil Lines, Ramdaspeth and Gokulpeth.
Four new Hyatt hotels are expected to open in India in the remainder of 2012 across the Park Hyatt, Hyatt Regency and Hyatt Place brands, including:
Park Hyatt Chennai, a 204-room hotel set to open in late 2012, will be situated in the capital city of the state ofTamil Nadu. The property will offer an innovative food and beverage outlets, residential style meeting and event space, and recreational facilities, including a spa and fitness center.
Hyatt Regency Gurgaon, a 452-room hotel set to open in late 2012, is situated on the National Highway 8, which links Delhi and Jaipur and is convenient to Delhi International Airport. The hotel will offer more than 42,700 sq ft (3,966 sq m) of meeting space, including a 24,000 sq ft (2,229 sq m) ballroom, which will accommodate the meeting, conference and event needs of nearby international corporations. Additional amenities will include a lobby lounge, a three-meal multi-cuisine restaurant and two specialty restaurants, a bar, a gourmet store, a four-treatment room spa, a fitness center, a swimming pool, and the Regency Club lounge.
Hyatt Place Hampi, a 115-room hotel planned to open by the end of the year, will be situated near the Bellary industrial district. Hampi, which features spectacular views of the Sandur ranges and is home to a group of monuments classified as a UNESCO World Heritage site, also serves as a popular leisure destination. The property will include a multi-cuisine restaurant, meeting rooms, and a fitness center, and swimming pool.
Hyatt Place Pune, Hinjewadi, a 117-room property set to open at the end of the year, will be located within the Rajiv Gandhi Infotech Park at Hinjewadi, a prominent software hub. The hotel will feature a multi-cuisine restaurant and meeting space, as well as a business center, fitness center, and a pool
