
Hyatt Hotels Corporation (NYSE: H), Aedes Real Estate and UBM Realitätentwicklung AG announced today their affiliates have entered into an agreement for a Hyatt Regency hotel in Amsterdam, which is expected to open in 2015. Hyatt Regency Amsterdam will be the first Hyatt Regency hotel and the third Hyatt-branded hotel to open in the city, joining the recently opened Andaz Amsterdam and the late-2013 opening of Hyatt Place Amsterdam Schiphol Airport.
Hyatt Regency Amsterdam will offer 211 guestrooms, including 15 suites. The hotel will feature meeting and ballroom space, a restaurant, a bar and lounge, a fitness center, and a two-treatment room spa.
"The Hyatt Regency brand is a great fit for Amsterdam," said Peter Norman, senior vice president, real estate and development for Hyatt Hotels & Resorts, "it is one of Europe's most important commercial centers and the continent's sixth largest metropolitan area, drawing visitors for both business and leisure.
We are thrilled to have the opportunity to again collaborate with Aedes Real Estate on a second project in Amsterdam, and very much look forward to establishing a long lasting relationship with UBM."
Aedes Real Estate's Paul Geertman said, "In 2009, we took on the development of the former Emma Kinderziekenhuis building. The location is incredibly complex and historically significant. We tried to find a way to integrate all that history into our plans, due to which it has become a very interesting building. We hosted a successful briefing for neighbourhood residents, and they were very enthusiastic and believe the arrival of a Hyatt Regency is great news for this part of Amsterdam."
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