Hyatt Plans a Hyatt Regency Hotel in Tashkent, Uzbekistan
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with State Unitary Enterprise (Poytaht Qurilish va Xizmat) for a Hyatt Regency hotel in Tashkent, Uzbekistan. Scheduled to open in January 2015, Hyatt Regency Tashkent will be a significant addition to the brand's presence in the Commonwealth of Independent States (CIS), where Hyatt Regency-branded hotels are currently open in Yekaterinburg, Kiev, Baku, Bishkek, and Dushanbe. In addition to Hyatt Regency Tashkent, there are currently five Hyatt-branded hotels under development in the CIS, including Hyatt Regency Sochi, Hyatt Regency Vladivostok Golden Horn, Hyatt Burny Vladivostok, Hyatt Regency Moscow Petrovsky Park, and Hyatt Regency Rostov on Don.