KAJ Development Affiliate, Eosh Properties, to Develop Hyatt Place in Melaka Gateway Slated for Late 2019 Opening
CHICAGO, IL. October 4, 2016 - Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Eosh Properties SDN. BHN., an affiliate of KAJ Development, for a Hyatt Place hotel in Melaka Gateway, Malaysia. Expected to open in late 2019, Hyatt Place Melaka Gateway will be part of the Melaka Gateway, a mixed-use project currently being developed by KAJ Development.
“Hyatt Place Melaka Gateway will be the first Hyatt Place hotel in Malaysia, and we are delighted to work with KAJ Development to introduce the brand to the country,” said David Udell, group president - Asia Pacific, Hyatt Hotels Corporation. “The opening of this hotel will mark a significant milestone for Hyatt as the Hyatt Place brand continues to expand worldwide and offer more choices to our guests in key gateway cities.”
Hyatt Place hotels offer casual hospitality and purposeful service in a smartly designed, high-tech and contemporary environment. The 25-story Hyatt Place Melaka Gateway will feature breathtaking views of the Strait of Melaka, and will be just a short distance away from contemporary shopping district Hatten Square and numerous historical attractions, including Dutch Square. The hotel will offer more than 2,690 square feet (250 square meters) of flexible function space for meetings, conferences and events, as well as a rooftop swimming pool and vibrant poolside bar featuring an expansive ocean view.
Hyatt Place Melaka Gateway will be located on the western coast of Malacca City, and will be a key component of the Melaka Gateway mixed use development, which will be comprised of three reclaimed islands. When the development is fully completed in 2025, Melaka Gateway will include office towers, residential space, hotels, an extensive convention center, shopping centers, a 328-foot (100-meter) high ferris wheel, a landmark lighthouse, and the largest cruise terminal in Asia. Malacca City is a UNESCO World Heritage Site, and is rich with attractions, including A Fomosa, Jonker Walk, Stadthuys, and Christ Church, among others.
“We are very excited to bring the first Hyatt Place hotel to Malaysia,” said Datuk Michelle Ong, Chief Executive Officer of KAJ Development and Founder & Chief Executive Officer of Melaka Gateway. “We believe the Hyatt Place brand will be an excellent addition to Melaka Gateway, and will nicely complement the overall development for the area. Melaka Gateway is set to redefine the town of Melaka and reinvigorate the development of this historical area. We look forward to a long and fruitful relationship with Hyatt.”
For more information about Hyatt Place hotels, please visit www.hyattplace.com.
The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
About Hyatt Place
Hyatt Place, a brand of Hyatt Hotels Corporation, combines style, innovation and 24/7 convenience to create a seamless stay with modern comforts. There are more than 255 Hyatt Place locations in the United States, Armenia, Chile, China, Costa Rica, Honduras, India, Mexico, Morocco, Nicaragua, Panama, Puerto Rico, Thailand, The Netherlands, United Arab Emirates, and United Kingdom.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 12 premier brands and 667 properties in 54 countries, as of June 30, 2016. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry. The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric™, The Unbound Collection by Hyatt™, Hyatt Place®, Hyatt House®, Hyatt Ziva™, Hyatt Zilara™ and Hyatt Residence Club® brand names and have locations on six continents. For more information, please visit www.hyatt.com.
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