Hyatt Regency Set for Almaty Return
Hyatt has signed a management agreement with JSC Kazakh-Austrian Joint Venture (Rahat JSC) for the return of the Hyatt Regency brand to Almaty, Kazakhstan.
Slated to open in 2019, the 292-room hotel will be managed as Hyatt Regency Almaty, Rahat Palace. The former Hyatt Regency Almaty operated in the same building between 1995 and 2011.
“We are delighted to announce the return of the Hyatt Regency brand to Almaty and bring a globally recognized brand to the city that will resonate well with the growing base of business travelers,” said Takuya Aoyama, vice president, development for Eastern Europe, Russia & CIS at Hyatt. “We look forward to collaborating with Rahat JSC, and believe the hotel will be an exciting development as we build on the strength of the Hyatt Regency brand throughout Central Asia.”
Located on Satpaev Avenue in the center of Kazakhstan’s commercial and financial capital, the building will undergo renovations to bring it up to Hyatt Regency brand standards.
“The Hyatt Regency brand has a special place in the history of Rahat Palace, and we look forward to this new relationship with Hyatt,” said Alexery Kravtsov, acting general director, Rahat JSC. “With the combination of the strong Hyatt Regency brand experience and the excellent location, we believe Hyatt Regency Almaty, Rahat Palace will provide a vibrant stay and one-stop convenience to business and leisure travelers. The hotel will set the stage for dynamic interactions and it’ll feature multiple community gathering places – areas to relax, meet, engage, and recharge.”
source: Travel News Asia