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Cannes, France ([March the 7th, 2012) – Hyatt Hotels Corporation and VTB Arena park announced today that a Hyatt affiliate has entered into a management agreement for Hyatt Regency Moscow. The new property, expected to open in 2015, will be part of the “Arena Park” redevelopment, including Moscow’s notable Dynamo football stadium, and will sit adjacent to Petrovsky Park.
Hyatt Regency Moscow, Petrovsky Park will feature 297 guestrooms, including 40 suites as well as 56 fully-furnished luxury apartments. The property will also include meeting and ballroom space, four food and beverage outlets, and a fitness center and spa. In addition to the hotel, the Arena Park project will offer guests access to a new football stadium, ice hockey/basketball arena, retail and entertainment zones, offices and residences.
Hyatt Regency Moscow is expected to become a top location for meetings, trainings and social functions. The hotel anticipates guests from government and corporate sectors, including banks, consulting companies, and pharmaceutical and IT companies, which prominently conduct business in Russia’s capital. Moscow’s prevalence as the key contributor to the national economy, make it a prime location for corporate and government travelers.
“Russia, and Moscow in particular, have a strong appeal to global business and leisure travelers, and the country’s influence is only continuing to grow,” said Peter Norman, senior vice president – acquisitions and development for Hyatt International – Europe, Africa, Middle East) LLC. “With the addition of Hyatt Regency Moscow, which comes just months after Hyatt’s announcement of two new properties in Vladivostok, we are reinforcing our commitment to becoming the most preferred hotel brand for customers visiting this gateway market.”
The hotel’s affiliation with Dynamo Stadium, as well as its close proximity to public transportation, will also make it an ideal choice during sporting and entertainment events. The hotel will be located just five kilometers from the Kremlin, near key business and shopping districts in Moscow, and will be highly accessible from major roads in the city.
“Working with Hyatt on the VTB Arena park project is an especially exciting opportunity for us,” said Andrei Peregoudov, VTB Arena park director “Among all the offerings at the sports and entertainment complex, Hyatt Regency Moscow, Petrovsky Park will be an especially great addition to the area.”
About Hyatt Regency
Hyatt Regency offers a full range of services and facilities tailored to serve the needs of meeting planners, business travelers and leisure guests. Properties generally range in size to over 2,000 rooms and are conveniently located in urban, suburban, airport, convention and resort destinations around the world. Hyatt Regency convention hotels feature spacious meeting and conference facilities designed to provide a productive environment.
In addition to 149 Hyatt Regency hotels open worldwide as of December 31, 2011, more than 30 previously announced Hyatt Regency hotels are under development around the world, in China, India, Latin America, Mongolia, Russia, and the Middle East..