• Hyatt plans US flagship

Hyatt Hotels Corporation has announced plans for a hotel in New York which will be the US flagship for its eponymous brand.

The 210-room Park Hyatt New York is due for completion in 2012. A Hyatt subsidiary and Extell Development Corporation have formed a joint venture that will acquire the hotel upon its completion.

See the full release here:
http://www.hyattpressroom.com/content/hyatt/en/news_releases0/2010/Hyatt-and-Extell-Unveil-Plans-for-Park-Hyatt-New-York-Manhattan-Property-to-Become-US-Flagship-of-Hyatt-Luxury-Brand.html

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