Park Hyatt Phu Quoc

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with an affiliate of BIM Group to develop a 110-key Park Hyatt Phu Quoc hotel as well as 65 residences. Slated to open in 2022, Park Hyatt Phu Quoc will offer discerning travelers a sophisticated resort destination surrounded by pristine nature. Park Hyatt Phu Quoc will join the award-winning Park Hyatt Saigon and is the luxury brand's first resort in Vietnam.

Park Hyatt Phu Quoc will offer guests an exclusive oasis, a sophisticated home-away-from-home with design inspired by traditional Vietnamese villages. Featuring exceptional, luxurious interiors with exquisite Vietnamese accents, all guestrooms, suites and villas will also offer stunning sea views.

Other resort facilities will include two dining outlets, a bar, a pool side barbecue, two swimming pools, a lakeside spa, a gym house with a lap pool, a Camp Hyatt kids' village, more than 4,300 square feet (400 square meters) of event space and an organic farm.

Situated on the southwestern tip of Phu Quoc Island, the hotel and residences will be positioned to offer guests and residents mesmerizing sunset views. The development will stretch across 160 acres of land bordered by an expansive mile-long white sand beach on one side and lush undulating hills on the other. Park Hyatt Phu Quoc will be a 30-minute drive from Phu Quoc International Airport, with direct access via the main north-south highway, and 40 minutes from Duong Dong, the island's main town.

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