Hyatt has signed a management agreement with JSC
Kazakh-Austrian Joint Venture (Rahat JSC) for the return of the
Hyatt Regency brand to Almaty, Kazakhstan.
Slated to open in 2019, the
292-room hotel will be managed as Hyatt Regency Almaty, Rahat
Palace. The former Hyatt Regency Almaty operated in the same
building between 1995 and 2011.
“We are delighted to announce
the return of the Hyatt Regency brand to Almaty and bring a
globally recognized brand to the city that will resonate well with
the growing base of business travelers,” said Takuya Aoyama, vice
president, development for Eastern Europe, Russia & CIS at Hyatt.
“We look forward to collaborating with Rahat JSC, and believe the
hotel will be an exciting development as we build on the strength
of the Hyatt Regency brand throughout Central Asia.”
Satpaev Avenue in the center of Kazakhstan’s commercial and
financial capital, the building will undergo renovations to
bring it up to Hyatt Regency brand standards.
“The Hyatt Regency
brand has a special place in the history of Rahat Palace, and we
look forward to this new relationship with Hyatt,” said Alexery
Kravtsov, acting general director, Rahat JSC. “With the combination
of the strong Hyatt Regency brand experience and the excellent
location, we believe Hyatt Regency Almaty, Rahat Palace will
provide a vibrant stay and one-stop convenience to business and
leisure travelers. The hotel will set the stage for dynamic
interactions and it’ll feature multiple community gathering places
– areas to relax, meet, engage, and recharge.”
Pictures of Almaty and Astana in Kazakhstan.