Hyatt Regency Almaty, Rahat Palace
Hyatt Regency Almaty to bring Hyatt Regency brand back to Kazakhstan
Hyatt Hotels Corporation (NYSE: H) announced today a management agreement between JSC Kazakh-Austrian Joint Venture ("Rahat JSC") and a Hyatt affiliate for the development of Hyatt Regency Almaty, Rahat Palace. 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.
Located on Satpaev Avenue in the center of Kazakhstan's commercial and financial capital, the former Hyatt Regency hotel was a popular hub that brought together guests and locals alike. Hyatt Regency Almaty, Rahat Palace will continue to foster connections and will be designed to link business and leisure travelers to all the city has to offer. The building will undergo renovations that will offer a one-stop experience, designed with everything under one roof. Featuring smartly configured guestrooms, imaginative culinary experiences, and a multi-functional lobby, the hotel will offer a variety of places to work, connect, eat and drink. The hotel will also feature the signature Hyatt StayFit gym and an indoor swimming pool.