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Grand Hyatt to Open in KL in 2012

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An Hyatt affiliate has entered into an agreement with Bahagia Investment Corporation (Malaysia) to manage the Grand Hyatt Kuala Lumpur. The hotel is already under construction and is expected to open in 2012.

Grand Hyatt Kuala Lumpur will be part of a mixed use complex. The hotel, occupying floors 17 through 39 of the property, will feature 412 guest rooms, including 42 suites and will offer over 33,000 square feet of meeting and event space, a 228-seat café, a 298-seat specialty restaurant with multiple cuisines, a 74-seat Sky Lobby Lounge, a 102-seat poolside restaurant and bar, a spa with 11 treatment rooms, and a swimming pool.

Grand Hyatt Kuala Lumpur will be located in the Golden Triangle area of Kuala Lumpur, in a prime location on Jalan Pinang road close to the Kuala Lumpur City Centre (“KLCC”) and the iconic Petronas Towers. It is in close proximity to fashion hubs and business centers, museums, memorials and galleries, and within driving distance of natural preserves.

Kuala Lumpur is an internationally recognized tourist and business destination. With a metropolitan population of approximately 7.2 million, it is the largest city in Malaysia and a key leisure location. Many of Malaysia’s major commercial banks and financial institutions are headquartered in Kuala Lumpur, as are many Malaysian companies, making it an international gateway city.

“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 the Grand Hyatt Kuala Lumpur will join the two existing Hyatt-branded hotels 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.

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