Hyatt Place Hotel Opens in Downtown Yerevan

Hyatt Hotels Corporation (NYSE: H) and "Interarm-M" LLC announce the opening ofHyatt Place Yerevan, just steps away from the heart of Armenia's capital city, the Republic Square. The opening marks a significant milestone as the Hyatt Place brand continues to expand outside the United States. New Hyatt Place locations recently opened in Puerto Rico, Costa Rica and India, and in Europe, Hyatt Place Amsterdam Schiphol is set to open its doors in...

Hyatt Hotels Corporation (NYSE: H) and "Interarm-M" LLC announce the opening of Hyatt Place Yerevan, just steps away from the heart of Armenia's capital city, the Republic Square.

The opening marks a significant milestone as the Hyatt Place brand continues to expand outside the United States. New Hyatt Place locations recently opened in Puerto Rico, Costa Rica and India, and in Europe, Hyatt Place Amsterdam Schiphol is set to open its doors in early 2014.

"Having built a strong foundation for the brand with more than 180 Hyatt Place hotels in the United States, we are delighted to now bring Hyatt Place to Europe and establish the brand's presence in new markets where our guests are increasingly traveling," saidPeter Fulton, Executive Vice President, Group President – EAME/Southwest Asia, Hyatt Hotels Corporation. "We have designed every aspect of the Hyatt Place experience with today's traveler in mind. As we continue to grow the brand strategically and thoughtfully in key markets, this hotel will allow us to provide more choice to new and existing guests."

"We are excited to open the first Hyatt Place hotel in Europe in one of the best locations in downtown Yerevan,"said Igor Jovovic, general manager of Hyatt Place Yerevan. "This all-new, beautiful hotel is designed to meet all the needs of modern multitasking business or leisure travelers, and we are looking forward to showing our guests the authentic hospitality and purposeful service for which the Hyatt Place brand is known."

Hyatt Place Yerevan is located next to Republic Square, the heart of Yerevan's city center, in close proximity to Government House, Ministry of Foreign Affairs, the National Gallery, and Abovyan Street, the city's main thoroughfare with many boutiques, cafes and gift shops.

Hyatt Place Yerevan offers:

  • 95 spacious guestrooms, each featuring a swiveling 42-inch HDTV, the plush Hyatt Grand Bed, a Cozy Corner with sectional sofa-sleeper and Hyatt Plug Panel media center for connecting a laptop or media device to the TV
  • Free Wi-Fi everywhere
  • Free public computers and internet access in the Gallery
  • Free hot breakfast for guests daily
  • Full-service restaurant and 24/7 Gallery Menu serving made-to-order appetizer, salads, sandwiches and desserts
  • A Coffee to Cocktails Bar featuring specialty coffees and premium beers, as well as wines and cocktails
  • 24 hour StayFit Gym
  • 2 meeting rooms, 65 sqm each
  • Open-air Terrace
  • Complimentary car parking

Yerevan, the capital of Armenia, is a very vibrant and rapidly growing city, where more and more businesses and international organizations are launching their operations, and the growing influx of tourists from all over the world makes Yerevan one of the top destinations in the world for both leisure and business purposes.

HYATT PLACE YEREVAN LEADERSHIP

Hyatt Place Yerevan is under the leadership of General Manager Igor Jovovic and Director of Sales Marina Solakhyan. In his role, Jovovic is directly responsible for managing the day-to-day operations of the hotel and ensuring guests encounter the purposeful service for which Hyatt Place is known. Mr. Jovovic also oversees the hotel's approximately 70 enthusiastic associates from Armenia and two expatriates. Ms. Solakhyan is responsible for providing sales service and support to tourists and businessmen visiting Yerevan.

ABOUT HYATT PLACE

Launched in 2006, Hyatt Place brings to the upscale select service hotel category the authentic hospitality for which Hyatt is known. Inspired by multitasking travelers' 24/7 lifestyle, Hyatt Place combines style with casual hospitality, featuring spacious guestrooms with the Cozy Corner, free Wi-Fi, the 24/7 Gallery Menu, Coffee to Cocktails Bar, and free hot breakfast daily with your stay.

Hyatt Place, a brand of Hyatt Hotels Corporation, offers more than 180 locations in the United States, Puerto Rico, Costa Rica, India and Armenia. For Hyatt Place information or to make a reservation, call 1-888-HYATT-HP (888-492-8847) or visit www.HyattPlace.com.

ABOUT "INTERARM-M" LIMITED LIABILITY COMPANY

"Interarm-M" Limited Liability Company is an Armenia-based company. The 18-million-U.S.-Dollar investment in Hyatt Place Yerevan by "Interarm-M" LLC represents the first phase of the company's hospitality investment plan in Armenia. The company's Chairman of the Board, Mr. Samvel Sargsyan,is also the Chairman of the Board of Directors of Restorations & Construction Concern, "Lucine," a Moscow-based construction company whose projects include Ararat Park Hyatt.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2024, the Company's portfolio included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Vacation Club®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Dream® Hotels, Hyatt Centric®, and Caption by Hyatt®; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt®, and JdV by Hyatt®; and the Inclusive Collection, including Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith™, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

Forward-Looking Statements
Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable when made, are inherently uncertain, and are subject to numerous assumptions and uncertainties, many of which are outside of Kiraku, Inc. or Hyatt's control, which could cause actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Forward-looking statements made in this press release are made only as of the date of their initial publication and neither party undertakes an obligation to publicly update any of these forward-looking statements as actual events unfold, except to the extent required by applicable law. If one or more forward-looking statements is updated, no inference should be drawn that any additional updates will be made with respect to those or other forward-looking statements.

Development Development Europe Armenia Yerevan

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2024, the Company’s portfolio included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt...

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