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 Hyatt has signed a management agreement with 
			  Pioneer Property Company Limited, a Bangkok-based real estate 
			  firm, for a new Hyatt Place hotel to be located in the heart of 
			  the Thai capital. Scheduled to open in 2017, Hyatt Place 
			  Bangkok, Sukhumvit will join the 
			  Hyatt Regency Bangkok, Sukhumvit, 
			  which is also expected to open in 2017, and 
			  Park Hyatt Bangkok, 
			  which is expected to open in 2014. Hyatt Place Bangkok, Sukhumvit will 
			  offer 220 guest rooms and seven studio suites. The hotel will 
			  feature a Cozy Corner sectional sofa-sleeper, separate workspace, 
			  the Hyatt Grand Bed, 42” flat-panel HDTV and the Hyatt Plug Panel 
			  media center. Guests will also be able to enjoy a sky pool, 
			  fitness center, a multi-cuisine restaurant and bar, and dedicated meeting facilities.  Centrally located on Sukhumvit 
			  Road Soi 24, Hyatt Place Bangkok Sukhumvit will have close proximity to the 
			  Emporium shopping mall, Phrom Png Sky Train station. “As the capital, principal city and economic 
			  center of Thailand, Bangkok is strategically important for both 
			  business and leisure travellers and we are grateful to have the 
			  opportunity to introduce Hyatt Place to this part of the world,” 
			  said Ratnesh Verma, senior vice president, real estate and 
			  development, Asia Pacific, Hyatt Hotels and Resorts. “Hyatt Place 
			  is a well-recognised and successful brand in the United States, 
			  and it is known for delivering a consistent upscale select service 
			  experience. The introduction of the Hyatt Place brand in Bangkok 
			  represents an integral stepping-stone in the company’s development 
			  in this prime market and gives us an opportunity to further 
			  strengthen Hyatt’s commitment to expanding its brands in markets 
			  where guests are increasingly traveling.” There are currently two Hyatt-branded 
			  hotels already open in Thailand – Grand Hyatt Erawan Bangkok and Hyatt Regency 
			  Hua Hin.
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