Hyatt Continues Global Expansion of Andaz Brand Hotels in Prime Urban and Resort Locations
Hyatt Hotels Corporation (NYSE: H) announced the signing of management agreements for three new Andaz properties. The hotels will be located in Sanya Sunny Bay, China; Delhi, India; and Providenciales, Turks and Caicos.
These planned properties, situated in prime urban and resort locations, will be the latest additions to the expanding Andaz brand, which only three years after its debut, includes 11 properties open or under development in six countries.
“The Andaz brand is quickly taking hold in the lifestyle hospitality category and is a key component of Hyatt’s strategy of increasing our presence in key markets around the world where we see growth potential”
Personal and uncomplicated, Andaz is a new hotel experience that blends fresh, engaging hospitality with stylish, vibrant settings, created with simplicity and locality in mind. These new properties will join Andaz Liverpool Street, London (2007), Andaz West Hollywood (2009), Andaz Wall Street (2010) and Andaz San Diego (2010). Andaz 5th Avenue is scheduled to open in New York in summer 2010. Previously announced planned openings include Andaz Austin, Texas; Andaz Amsterdam; and Andaz Papagayo, Costa Rica.
“The Andaz brand is quickly taking hold in the lifestyle hospitality category and is a key component of Hyatt’s strategy of increasing our presence in key markets around the world where we see growth potential,” said Steve Haggerty, global head of real estate and development, Hyatt Hotels Corporation. “The momentum behind Andaz is a testament to the brand’s global appeal, and Hyatt’s well-established reputation as a preferred management company.”
The 183-room Andaz Sanya Sunny Bay, which will be located in a large scale mixed-use resort community on the southern oceanside of China’s Hainan Island, will be complemented by the 196-room Park Hyatt Sanya Sunny Bay and branded villas. With a mountain on one side and a white sand beach facing the South Sea on the other, Andaz Sanya Sunny Bay will offer five restaurants, as well as a 2,500-square-foot ballroom and three meeting rooms. The hotel will share a variety of amenities with Park Hyatt Sanya Sunny Bay, including a Spa Village featuring an outdoor swimming pool, beach club, fitness center, extensive spa facilities and treatment rooms, as well as a restaurant, tea house, and bakery. The hotel will be developed by Sunny Bay Development Company.
Slated to open in 2013, Andaz Delhi, a 323-room hotel with an additional 118 Andaz-branded apartments, will be located in India’s second-largest metropolis which is also a leading economic center. The hotel, which will be developed by Juniper Hotels Private Limited, will be part of the burgeoning Hospitality District, near Indira Gandhi International Airport and close to Delhi’s emerging Central Business District and the commercial hubs of Gurgoan and South Delhi. The hotel will feature a variety of amenities including a lounge, theme bar, two restaurants, spa, and fitness center. Additionally, the property will offer a 7,000-square-foot ballroom and seven meeting rooms. The project, the first Andaz property planned in India, comes two months after Hyatt announced plans to expand its presence in Delhi, Goa, Kolkata and Mumbai, as well as expand into 15 new Indian markets over the next five years.
The 170-key Andaz Turks and Caicos, scheduled to open in 2014 on the central island of Providenciales in Turks and Caicos, will include approximately 76 Andaz-branded condominium residences and three villas which owners can choose to place into an Andaz-managed rental program. Situated on a 21-acre property along a 2,700-foot crescent-shaped oceanfront parcel, the hotel will feature a variety of amenities including several restaurants, an outdoor pool, spa and fitness center. Additionally, the property will offer several options for events and meetings, including five Andaz Studios, two trellised courtyards, an event gallery, and a studio display kitchen. The hotel, which will be developed by the Cloisters Group, will be located approximately 15 minutes by car from Providenciales International Airport.
