Hyatt Hotels Corporation?(NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with?Beijing Lixing Property Development Co., Ltd?for a new?Hyatt Regency?hotel in?Beijing. Expected to open in 2017,?Hyatt Regency Beijing, Wangjing will be the first?Hyatt Regency?in this key gateway city, joining the two existing Hyatt-branded hotels, Park Hyatt Beijing and Grand Hyatt Beijing.
?We are excited to bring the Hyatt Regency brand to one of the most sought-after cities in the world and further expand Hyatt?s brand presence in the capital city of China,? said?Larry Tchou, Group President,?Asia Pacific,?Hyatt Hotels Corporation. ?We are delighted to work with?Beijing Lixing Property Development Co., Ltd?to introduce world-class facilities and we look forward to bringing Hyatt?s authentic hospitality to the Wangjing community.?
Located in northeastern?Beijing,?Hyatt Regency Beijing, Wangjing will be part of a mixed use development, comprised of the hotel, three high-end office buildings, retail spaces, and a central park area. Designed by the world-renowned architect?Kengo Kuma, the hotel will be integrated into the adjacent park with a sunken garden and green elements throughout the premises, providing a perfect communal space for relaxation or business in the surrounding community.
Hyatt Regency Beijing, Wangjing will feature 349 guestrooms, an array of restaurants and bars, multi-functional event spaces, a fitness center, a spa, and a swimming pool.