Hyatt Planning Park Hyatt on St. Kitts
Friday July 13th, 2012 - 7:54AM
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CHICAGO—An affiliate of Hyatt Hotels Corporation has signed a management agreement with Range Developments for a Park Hyatt hotel on the island of St. Kitts.
The Park Hyatt St. Kitts will open in 2015 on the Caribbean island of St. Kitts in the Christophe Harbor. The Christophe Harbor development project will offer an 18-hole golf course, designed by Tom Fazio, a beach club and a 300-acre yacht marina and marina village. It will be located in the Banana Bay.
The property will feature 200 guestrooms and 50 Park Hyatt-branded residential condominiums. The hotel will be constructed in two phases: the first phase will see the completion of 125 guestrooms, two f&b outlets, a fitness center, 12-treatment spa and more than 7,000 sq. ft. of meeting and banquet space, while the second phase will encompass the completion of the remaining 75 guestrooms and a third f&b outlet. Dewan Architects is responsible for the architecture.
Tags: Hospitality Ownership
The most recent NYU Conference, earlier this month proved, once and for all, that the lodging industry has finally turned the corner and happy days are, indeed, here again. While the economists and pundits all provided plenty of anecdotal evidence to bear that out in terms of supply and demand ratios, RevPAR projections, asset values and all the other metrics, that’s not what has me convinced.