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Hyatt Plans a Hyatt Regency Hotel in Tashkent, Uzbekistan

CHICAGO–(BUSINESS WIRE)–May. 3, 2013–?Hyatt Hotels Corporation?(NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with State Unitary Enterprise (Poytaht Qurilish va Xizmat) for a?Hyatt Regency?hotel in?Tashkent, Uzbekistan. Scheduled to open in?January 2015,?Hyatt Regency Tashkent?will be a significant addition to the brand?s presence in the Commonwealth of Independent States (CIS), where?Hyatt Regency-branded hotels are currently open in Yekaterinburg,?Kiev,?Baku,?Bishkek, and?Dushanbe. In addition to?Hyatt Regency Tashkent, there are currently five Hyatt-branded hotels under development in the CIS, including?Hyatt Regency Sochi,?Hyatt Regency Vladivostok Golden Horn,?Hyatt Burny?Vladivostok,?Hyatt Regency Moscow Petrovsky Park, and?Hyatt Regency Rostov?on Don.

[quote]?We are delighted by the plans for the first Hyatt-branded hotel in Uzbekistan,? said Peter Norman, senior vice president, real estate and development, EAME for Hyatt Hotels & Resorts. ?The CIS is establishing itself as both an international business hub and an attractive tourist destination, and we believe the Hyatt Regency brand and the enviable cosmopolitan location will attract international travelers visiting Tashkent. Today?s announcement demonstrates our commitment to growing our brand presence in new markets.?[/quote]

Designed to reflect the rich cultural tradition of?Uzbekistan,?Hyatt Regency Tashkent?will offer 300 spacious guestrooms, including 44 suites, two restaurants, a bar and lounge, more than 1,200 square meters of meeting facilities including a ballroom, and a spa and fitness club. The hotel will be designed to become the preferred venue for the international conferences and festivals for which?Tashkent?has long become a popular destination. Prominently located next to the?National Library?on the city?s main street,?Navoi Street,?Hyatt Regency Tashkent?will be close to Tashkent?s many landmarks, retail outlets and government offices. The hotel will provide an ideal base for business and leisure travelers visiting the city, as well as for those who wish to travel onwards to many of Uzbekistan?s famous cultural gems including Samarkand, Bukhara and Khiva.

Hyatt?s hotel pipeline is larger than it has ever been, and as of?December 31, 2012, it included executed management or franchise contracts for approximately 200 hotels across all brands in all of the regions in which Hyatt hotels operate.

[box type=”tick”]About Hyatt Regency

Hyatt Regency offers a full range of services and facilities tailored to serve the needs of meeting planners, business travelers and leisure guests. Properties range in size from 180 to over 2,000 rooms and are conveniently located in urban, suburban, airport, convention and resort destinations around the world. Hyatt Regency convention hotels feature spacious meeting and conference facilities designed to provide a productive environment allowing guests to convene and connect. Hyatt Regency hotels in resort locations cater to couples seeking a getaway, families enjoying a vacation together and corporate groups seeking a functional and relaxed atmosphere in which to conduct business and meetings.[/box]