Hyatt Hotels Corp., Chicago, has entered into an agreement with Yug – Novy Vek, a subsidiary of leading Russian real estate developer Snegiri Development, to manage the 200-room Hyatt Regency Sochi, which is under construction and expected to open in late 2013 in Sochi, Russia, host of the 2014 Winter Games.
Hyatt’s Regency Sochi will join other Hyatt hotels in Russia, which include the Ararat Park Hyatt Moscow and Hyatt Regency Ekaterinburg.
Hyatt Regency Sochi will be located at the heart of the city’s historical center and will feature a pedestrian area behind the hotel that converges with the beachside promenade.
Scottish architectural firm RMJM and the French interior designer Valode & Pistre have been engaged for the project, as well as Rasen Construction, a Turkish contractor.