CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate has signed a management agreement with Pioneer Property Company Limited (PPC), a Bangkok-based real estate firm, for a new Hyatt Place hotel to be located in the Thai capital. Scheduled to open in 2017, Hyatt Place Bangkok, Sukhumvit will join the recently announced Hyatt Regency Bangkok, Sukhumvit, which is also expected to open in 2017, and Park Hyatt Bangkok, which is expected to open in 2014.
“As the capital, principal city and economic center of Thailand, Bangkok is strategically important for both business and leisure travelers and we are grateful to have the opportunity to introduce Hyatt Place to this part of the world,” said Ratnesh Verma, senior vice president, real estate and development, Asia Pacific, Hyatt Hotels and Resorts. “Hyatt Place is a well-recognized and successful brand in the United States, and it is known for delivering a consistent upscale select service experience. The introduction of the Hyatt Place brand in Bangkok represents an integral stepping-stone in the company’s development in this prime market and gives us an opportunity to further strengthen Hyatt’s commitment to expanding its brands in markets where guests are increasingly traveling.”
Hyatt Place Bangkok, Sukhumvit will offer 220 guestrooms and seven studio suites. The hotel will feature a Cozy Corner sectional sofa-sleeper, separate workspace, the Hyatt Grand Bed, 42” flat-panel HDTV and the Hyatt Plug Panel media center. Guests will also enjoy a sky pool, fitness center, a multi-cuisine restaurant and bar, and dedicated meeting facilities.