Hyatt Announces Plans for a Hyatt Place Hotel in Republic of Armenia

CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into an agreement with Ginekar Limited Liability Company for a Hyatt Place hotel in Yerevan, the capital of Armenia. Hyatt Place Yerevan is the third Hyatt Place hotel under development in Europe, joining Hyatt Place Amsterdam Airport and Hyatt Place Zurich Airport.

Slated to open in the spring of 2013, Hyatt Place Yerevan will offer 96 guestrooms, in addition to more than 1,300 square feet of meeting space, an open market with made-to-order meals and snacks around the clock, a restaurant offering breakfast, lunch and dinner; a bar; a four-station e-room, and a well-equipped fitness center.

“We are pleased to introduce the Hyatt Place brand to a city that is undergoing major commercial and development enhancements and transformations,” said Peter Norman, senior vice president – acquisitions and development for Hyatt International – Europe, Africa, Middle East) LLC, in an announcement. “The opening of Hyatt Place Yerevan will mark a significant milestone for Hyatt as we begin to introduce the brand worldwide.”

In addition to Hyatt Place Yerevan, two Hyatt Place hotels are slated to open outside of the United States in 2012 in Hampi, India and San Jose, Costa Rica.

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