Hyatt Place Seoul to Open in 2016

Hyatt Hotels Corporation (NYSE: H) says a Hyatt affiliate has entered into a management agreement with KY Development Co., Ltd., a Seoul based manufacturing and distribution company, for a Hyatt Place hotel in Seoul.

The hotel will be the first Hyatt Place hotel in Seoul, marking the upscale select service brand’s entry into the South Korean and Northeast Asian markets.

Expected to open in 2016, Hyatt Place Seoul will join three existing Hyatt-branded hotels in Seoul, including Park Hyatt Seoul, Grand Hyatt Seoul and Hyatt Regency Incheon.

Situated in Seoul’s Dongdaemun area, an established shopping district and unrivalled tourist destination, Hyatt Place Seoul will offer 204 guestrooms, meeting facilities, a three-meal restaurant, a bar and fitness center.

The new development is set to open in 2016 and will cater to the growing demand in business and leisure travel.

“We are delighted to collaborate with KY Development Co. Ltd on this project,” said Ratnesh Verma, senior vice president, real estate and development, Asia Pacific, Hyatt Hotels & Resorts.

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company.

Related posts:


Superstars Scream at Spike TV Show
For You: Krispy Kreme Halloween Doughnuts
Poppy Cat Coming to Meet You on Sprout
Largest Floating Christmas Tree in Rio de Janeiro
Remedy for Women to Treat Their Cold Sores
Dermalog Wins Contract for Nigerian Bank Project
Nissan NISMO to Make World Debut at Chicago Auto Show
ISIS Kidnaps Over 200 Assyrian Christians, Burns Churches
New ISIS Video Shows All Is Well in the Islamic State
6,000 Cyclists Ride in 2015 Pan-Mass Challenge
Custom Content Services