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.