HYATT Hotels Corporation has entered into an agreement with Bahagia Investment Corporation (Malaysia) to manage Grand Hyatt Kuala Lumpur. The hotel is under construction and is expected to open in 2012.
Willi Martin, area vice president, South-east Asia, Hyatt Hotels and Resorts, said: "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 South-east Asia market."
Grand Hyatt Kuala Lumpur will be located in the Golden Triangle area of Kuala Lumpur, in a prime location on Jalan Pinang, close to the Kuala Lumpur City Centre and Petronas Towers.
The hotel will be part of a mixed-use complex, occupying floors 17 through 39 of the property. It will feature 412 guestrooms, including 42 suites, over 3,000m2 of meeting and event space, a cafe, a specialty restaurant featuring multiple cuisines, a Sky Lobby Lounge, a poolside restaurant and bar, a spa with 11 treatment rooms, and a swimming pool.
There are currently 51 Hyatt-branded hotels in Asia-Pacific, and Grand Hyatt Kuala Lumpur will join the two existing Hyatt-branded hotels in Malaysia, Hyatt Regency Kinabalu and Hyatt Regency Kuantan Resort.
In addition to Grand Hyatt Kuala Lumpur, twelve other Grand Hyatt properties are currently under development around the world.