Park Hyatt London River Thames — Photo by Hyatt

Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into management agreement with R&F UK for a new Hyatt-branded hotel in London. The 203-room Park Hyatt London River Thames is expected to open in 2022 and will be located within R&F UK's Nine Elms development on the south bank of the river. The addition of the hotel to the U.K. market signifies Hyatt's continued brand growth into Europe's leading cities.

Directly opposite Westminster, the Nine Elms area has recently undergone significant regeneration and become a popular residential district. The Park Hyatt hotel will be part of a new series of developments by R&F UK, consisting of eighteen buildings, which will include 2,300 high quality apartments, more than 120,000 square feet (11,150 square meters) of commercial space and numerous shops and restaurants, including One Thames City, an exclusive new riverside development comprising of premium residences, hotels, shops, park and restaurants, has been developed in conjunction with CC Land. Construction of the Nine Elms development is well under way and the schemes are expected to take shape over the next two years.

About R&F

Founded in 1994, Hong Kong-listed R&F Properties develops luxury and large-scale projects globally, including significant project sites in Nine Elms in London. It is a diversified property group with interests in China, Australia, the U.K., Malaysia and South Korea. With assets valued at approx. £26bn, R&F Properties has more than 18m sq m (GFA) currently under development and is the world's largest luxury five-star hotel owner, operating over 30,000 rooms. With core values of integrity, responsibility, diligence and inclusivity, R&F Properties has developed more than 340 projects in 130 cities and regions across the world. For more information please visit: www.rfpropertiesuk.com

R&F UK has assembled a world-leading design team for the development and new hotel, including Skidmore Owings & Merrill LLP (SOM), Kohn Pedersen Fox Associates (KPF) and Allies and Morrison, with landscape architects, Gillespies, leading on the Linear Park, and Super Potato curating interior design within the development.

The Park Hyatt hotel will provide discerning global travelers with a refined and luxurious experience that unlocks unparalleled benefits from Nine Elms' international focus, being located close to the new U.S. Embassy.

A secure executive wing and exquisite event spaces will offer a carefully curated and personalized experience for business and government travelers. Guests will also be able to unwind in the signature Park Hyatt Living Room with its understated luxury touches and world-renowned artwork and design, and a large ballroom will also be a rare feature for London.

For guests looking to explore, the hotel will serve as the perfect launchpad to discover everything the locale has to offer. The property's nearby attractions will include local walking routes to stroll and explore Sloane Square and bustling Kings Road, the award-winning gallery, Tate Britain, the charming green expanse of 200-acre Battersea Park and the Kia Oval cricket ground.

Further, by the time the hotel is set to open, the Northern Line London Underground extension is expected to be operational, with an entrance located within a few minutes' walk of both hotels. The new line will connect Nine Elms with the city and West End in under 15 minutes.

The new hotel at the Nine Elms development in London will boost Hyatt's brand footprint in the country, joining Hyatt Regency London - The Churchill, Hyatt Regency Birmingham, Hyatt Regency Manchester and Hyatt House Manchester, Andaz London Liverpool Street, Hyatt Place London Heathrow Airport, Hyatt Place West London Hayes and Great Scotland Yard Hotel, which is part of The Unbound Collection by Hyatt brand. Additional Hyatt-branded hotels under development in the U.K. include Hyatt Regency Edinburgh Marina, Hyatt Place London City East and Hyatt Centric Cambridge, all expected to open within the next two years.

For more information about Park Hyatt hotels, please visit: https://www.hyatt.com/development/ourbrands/parkhyatt

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