Hyatt Expands Presence in China with Hyatt Regency Beijing, Wangjing
Tuesday December 17th, 2013 - 10:22AM BAO
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BEIJING—A Hyatt Hotels Corporation affiliate has entered into a management agreement with Beijing Lixing Property Development Co., Ltd for a new Hyatt Regency hotel located here.
Expected to open in 2017, Hyatt Regency Beijing, Wangjing will be the first Hyatt Regency here, joining the two existing Hyatt-branded hotels, Park Hyatt Beijing and Grand Hyatt Beijing.
“We are excited to bring the Hyatt Regency brand to one of the most sought-after cities in the world and further expand Hyatt’s brand presence in the capital city of China,” stated Larry Tchou, Group President, Asia Pacific, Hyatt Hotels Corporation.
Located in northeastern Beijing, Hyatt Regency Beijing, Wangjing will be part of a mixed-use development, comprised of the hotel, three high-end office buildings, retail spaces, and a central park area. Designed by architect Kengo Kuma, the hotel will be integrated into the adjacent park with a sunken garden and green elements throughout the premises.
Hyatt Regency Beijing, Wangjing will feature 349 guestrooms, an array of restaurants and bars, multi-functional event spaces, a fitness center, a spa, and a swimming pool.
Tags: Hyatt • Hospitality • Amenities • Brands • Management Companies •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.