Posted 10/23/2012 - 9:31:37 AM
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The Park Hyatt Qingdao is slated to open in 2016.
QINGDAO, CHINA—Hyatt Hotels Corp., via an affiliate, entered into a management agreement with China Resources Land Ltd. for a Park Hyatt hotel here.
China Resources Land Ltd. is the owner of Grand Hyatt Shenzhen, which opened in 2009, and is the owner and developer of five additional Hyatt-branded hotels under development in China, including Park Hyatt Hangzhou, Grand Hyatt Dalian, Grand Hyatt Hefei, Grand Hyatt Shenyang and Grand Hyatt Zhengzhou.
Park Hyatt Qingdao will be the second Hyatt-branded hotel in Qingdao, following the opening of Hyatt Regency Qingdao at year's end.
“Qingdao is a key economic powerhouse in Shandong Province and one of China’s most important ports, and is also a popular tourist destination and a renowned summer retreat,” said Larry Tchou, group president, Asia Pacific, Hyatt Hotels and Resorts.
Expected to open in 2016, Park Hyatt Qingdao will be centrally located in Qingdao’s Central Business District on Shandong Road. The hotel will be part of City Crossing, a mixed-used complex that will incorporate high-end residential buildings, serviced apartments, office space, and luxury shopping facilities. Park Hyatt Qingdao will be located on the upper levels of a skyscraper with office space underneath. The hotel will offer 247 guestrooms and suites, and also will feature restaurants and bars, multi-purpose meeting and banquet spaces, a fitness center, a pool and a spa.
