CHICAGO–(BUSINESS WIRE)–May. 14, 2013– Hyatt Hotels Corporation (NYSE: H), Aedes Real Estate and UBM Realit?tentwicklung AG announced today their affiliates have entered into an agreement for a Hyatt Regency hotel in Amsterdam, which is expected to open in 2015. Hyatt Regency Amsterdam will be the first Hyatt Regency hotel and the third Hyatt-branded hotel to open in the city, joining the recently opened Andaz Amsterdam and the late-2013 opening of Hyatt Place Amsterdam Schiphol Airport.
Hyatt Regency Amsterdam will offer 211 guestrooms, including 15 suites. The hotel will feature meeting and ballroom space, a restaurant, a bar and lounge, a fitness center, and a two-treatment room spa.
[quote]?The Hyatt Regency brand is a great fit for Amsterdam,? said Peter Norman, senior vice president, real estate and development for Hyatt Hotels & Resorts. ?It is one of Europe?s most important commercial centers and the continent?s sixth largest metropolitan area, drawing visitors for both business and leisure. We are thrilled to have the opportunity to again collaborate with Aedes Real Estate on a second project in Amsterdam, and very much look forward to establishing a long lasting relationship with UBM.?[/quote]
Aedes Real Estate?s Paul Geertman said, ?In 2009, we took on the development of the former Emma Kinderziekenhuis building. The location is incredibly complex and historically significant. We tried to find a way to integrate all that history into our plans, due to which it has become a very interesting building. We hosted a successful briefing for neighbourhood residents, and they were very enthusiastic and believe the arrival of a Hyatt Regency is great news for this part of Amsterdam.?
Hyatt Regency Amsterdam will be located in central Amsterdam between Sarphatistraat and Spinozastraat, and will be surrounded by the Singelgracht canal. The hotel will be in close proximity to many of Amsterdam?s museums, including the Rijksmuseum, the Van Gogh Museum, the Scheepvaart Museum, and the Stedelijk Museum. The hotel will be less than half a mile from the Weesperplein metro stop and is close to the ring road, which connects all parts of Amsterdam to the national road system.
UBM?s Director Ton Fransoo said, ?This is a very exciting project for the Netherlands as it will be the first Hyatt Regency in our country. The hotel will be a particularly important asset to the Eastern part of the city center, which is currently short of hotel capacity. We are looking forward to working with Hyatt and Aedes Real Estate to build a splendid hotel in a beautiful location.?
Aedes Real Estate and Austrian UBM are jointly responsible for the development and realization of Hyatt Regency Amsterdam.
[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 generally 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. 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.
About Aedes Real Estate
Aedes Real Estate operates across the Netherlands as an independent real estate investor, developing residential accommodations, hotels and office buildings and specializing in redeveloping complex urban locations. After completion, the projects are held as investments. Aedes Real Estate contributes to the development of urban areas by focusing on the highest possible quality, and by using all our creativity and professional knowledge of the market in our work. From conception through completion and subsequent ownership of the property, Aedes Real Estate takes the project through its entire life cycle. In addition to the new Andaz Amsterdam, Aedes Real Estate has recently developed several projects, including the Westerhuis (offices for the creative industry in the Jordaan), Professor Tulpstraat (apartments and offices) and the Burgerziekenhuis (hotel with 125 rooms).[/box]