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Hyatt growth in Russia
Hyatt International is to open two new hotels in Vladivostok, Russia – the Hyatt Regency Vladisvostok, Golden Horn and the Hyatt Vladivostok, Burny.
Prior to 1992, Vladivostok, home to the Russian Pacific Fleet, was only accessible to Russian nationals.
The city is now a hub for national and international companies due to Russia’s economic ties with Asia and is the start and end point of the Trans-Siberian Railway.
"We are delighted to add to our growing portfolio in Russia by becoming the first international hotel brand in Vladivostok," said Peter Norman, senior vice president- Acquisitions and Development for Hyatt International(Europe, Africa, Middle East).
Hyatt-branded hotels in Russia include Ararat Park Hyatt Moscow and Hyatt Regency Ekaterinburg, with Hyatt Regency Sochi under development and set to open in 2013.
By Diane Evans
Diane
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