Hyatt Hotels Corporation announced that a Hyatt affiliate has entered right into a management agreement with an affiliate of Huayuan Property Co., Ltd for a Grand Hyatt hotel in Changsha, Hunan Province in central China.
“Changsha has established itself as a chief hub for global business and entertainment, and we’re honored to be able to bring the Grand Hyatt brand to one of these great city,” said Mark Hoplamazian, president and chief executive officer of Hyatt Hotels Corporation on the agreement signing in Changsha earlier today. “Throughout our 40 years in China, now we have showed thousands of guests how our associates can meet and exceed their needs, and we glance forward to bringing Hyatt’s signature authentic hospitality to one of these dynamic and historic city.”
Grand Hyatt Changsha can be centrally located within the most prestigious commercial and business areas along the Xiangjiang River in downtown Changsha. The hotel may be portion of “The Central,” a mega mixed use complex with a view to incorporate high-end residential buildings, office spaces, and comfort shopping facilities. Situated at the upper floors of an iconic 268-meter-high skyscraper, Grand Hyatt Changsha will enjoy unobstructed views over town and the river, and is anticipated to become the brand new landmark of Changsha. The 324-room hotel will feature an array of restaurants and bars, multi-purpose meeting and banquet facilities, a gymnasium, a pool and a spa, and is predicted to create over 500 new jobs.
“We are more than happy to work with Hyatt on such a thrilling and important project. We glance forward to our collaboration with Hyatt in further developing the high-end hotel market in Changsha,” said Ren Zhiqiang, Chairman of Huayuan Property Co., Ltd.
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