KUALA LUMPUR Hyatt Hotels Corp. has signed an agreement with Bahagia Investment Corp. to manage the 412-key Grand Hyatt Kuala Lumpur. The hotel, which is under construction and is expected to open in 2012, marks the debut of the Grand Hyatt brand in Malaysia.
Grand Hyatt Kuala Lumpur will be part of a mixed-use complex and will occupy floors 17 through 39 of the property. It will offer 33,000 sq. ft. of meeting space, a 228-seat café, a 298-seat specialty restaurant, a 74-seat sky lobby lounge, a 102-seat poolside restaurant and bar, a spa and a swimming pool.
The hotel will be located in the Golden Triangle area of Kuala Lumpur, in a prime location on Jalan Pinang road close to the city center and the iconic Petronas Towers. Grand Hyatt Kuala Lumpur is also in close proximity to fashion hubs and business centers, museums, memorials and galleries, and will target both business and leisure travelers.
“In 2010, Malaysia attracted over 24.5 million tourists – rivaling that of countries such as Mexico, Germany and Turkey,” said Willi Martin, area vice president, Southeast Asia, Hyatt Hotels and Resorts. “We see Grand Hyatt Kuala Lumpur as a remarkable opportunity to expand the presence of the Hyatt brand into a principal city in the rapidly emerging Southeast Asia market.”
There are currently 51 Hyatt-branded hotels in Asia Pacific and two in Malaysia: Hyatt Regency Kinabalu and Hyatt Regency Kuantan Resort. There are 16 other Grand Hyatt hotels in the region’s key gateway cities and destination resorts, including Bali, Bangkok, Beijing, Jakarta, Seoul, Shanghai, Singapore and Tokyo.
In addition to Grand Hyatt Kuala Lumpur, 12 other Grand Hyatt properties are currently under development around the world. The brand’s signature elements include dramatic lobbies, innovative dining options, state-of-the-art technology, distinctive spa and fitness centers, and comprehensive business and meeting facilities.