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HYATT AND THE WHARF ANNOUNCE PLANS FOR A NEW PARK HYATT HOTEL IN CHANGSHA (China)

Park Hyatt Changsha to bring a luxury experience to this vibrant city as part of the premium commercial complex Changsha IFS

HYATT AND THE WHARF ANNOUNCE PLANS FOR A NEW PARK HYATT HOTEL IN CHANGSHA (China)

Park Hyatt Changsha to bring a luxury experience to this vibrant city as part of the premium commercial complex Changsha IFS

Category: Asia Pacific - China - Industry economy - Hotel projects
This is a press release selected by our editorial committee and published online for free on 2021-09-14


Hyatt and The Wharf (Holdings) Limited today announced plans for a new Park Hyatt hotel in Changsha, the capital of Hunan province, marking the luxury Park Hyatt brand’s entry into Central China.

Situated within the iconic landmark Changsha IFS, the new luxury hotel is expected to offer global travelers refined, sophisticated and unparalleled experiences in Changsha.

Slated to open in 2023, Park Hyatt Changsha will feature 230 guestrooms and offer world-class culinary and wellness experiences, as well as inspiring spaces for meetings and events.

We are delighted to work with The Wharf to introduce the legendary Park Hyatt brand in Changsha,” said Stephen Ho, president of Growth and Operations, Asia Pacific, Hyatt. “We look forward to this inaugural collaboration with a high-quality, experienced owner who shares our vision to bring guests an immersive luxury experience in this vibrant city. The project further emphasizes Hyatt’s commitment to expand its luxury and lifestyle portfolio in Greater China and will enable us to create purposeful long-term growth in the region.”

Custom-designed to combine sophistication with understated luxury, the Park Hyatt brand provides discerning global travelers with a refined home-away-from-home experience. Expected to occupy levels 54-63 of Changsha IFS Tower 2, Park Hyatt Changsha will offer guests a quiet retreat in the midst of this energetic city, with stunning views from its high vantage point.

The hotel’s design is inspired by a twist of contemporary art and high-end luxury fashion design.

We are excited to bring the Park Hyatt brand to Changsha IFS. ‘Building for Tomorrow,’ we have already invested over RMB20 billion (over USD3 billion) and introduced the world’s top luxury brands to make Changsha IFS a sparkling diamond in Central China. The new Park Hyatt hotel will be in excellent company as more coveted brands are coming on board,” said Stephen Ng, Chairman and Managing Director of The Wharf. “We are confident that the Park Hyatt hotel will be a great addition to Changsha IFS and to the city of Changsha.”

As one of the world’s fastest-growing cities and one of China’s new first-tier cities, Changsha is an important commercial, entertainment and innovation center in the Yangtze River Delta Economic Belt. This energetic city has also become a popular destination, especially among young travelers, famous for its dynamism, food, and rich cultural and entertainment attractions.

Occupying a prime spot in the heart of the city, Changsha IFS is a mixed-use development comprised of a mega-sized shopping mall, two top-notch towers with premium office space and two luxury sky hotels, and has become a one-stop destination for shopping, dining, entertainment, lifestyle and culture among both locals and tourists.

Guests at Park Hyatt Changsha, which will be located within Changsha IFS, will enjoy the height of convenience being directly connected to two subway lines and located within a 30-minute drive from the high-speed railway and a 40-minute drive from the Changsha International Airport.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Park Hyatt

Park Hyatt hotels provide discerning, global travelers with a refined home-away-from-home. Guests of Park Hyatt hotels receive quietly confident and personalized service in an enriching environment. Located in several of the world's premier destinations, each Park Hyatt hotel is custom designed to combine sophistication with understated luxury. Park Hyatt hotels feature well-appointed guestrooms, world-renowned artwork and design, rare and immersive culinary experiences, and signature restaurants featuring award-winning chefs. There are currently 45 Park Hyatt hotels in the following locations: Abu Dhabi, Auckland, Bangkok, Beaver Creek, Beijing, Buenos Aires, Busan, Canberra, Changbaishan, Carlsbad, Chennai, Chicago, Doha, Dubai, Guangzhou, Hamburg, Hangzhou, Hyderabad, Istanbul, Jeddah, Kyoto, Maldives, Melbourne, Mendoza, Milan, Moscow, New York, Ningbo, Niseko, Paris, Saigon, Sanya, Seoul, Shanghai, Shenzhen, Siem Reap, St. Kitts, Suzhou, Sydney, Tokyo, Toronto (under renovation), Vienna, Washington, D.C., Zanzibar, and Zurich.

About The Wharf (Holdings) Limited

Founded in 1886 as the 17th company registered in Hong Kong, The Wharf (Holdings) Limited (HK Stock Code: 0004) is a premier company with strong connection to the history of Hong Kong. As one of the 30 constituent stocks in the original Hang Seng Index from the 1960’s, Wharf is backed by a long-standing mission of “Building for Tomorrow” and a proven track record in management and execution.

After spinning off Wharf Real Estate Investment Company Limited as a separately-listed company (Stock Code: 1997) in November 2017, the Group’s businesses currently comprise Investment Properties, Hotels and Development Properties in Hong Kong and mainland China. Other businesses include Logistics through Modern Terminals and Hong Kong Air Cargo Terminals.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company offering 20 premier brands. As of June 30, 2021, the Company's portfolio included more than 1,000 hotel and all-inclusive properties in 68 countries across six continents. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to attract and retain top employees, build relationships with guests and create value for shareholders. The Company's subsidiaries operate, manage, franchise, own, lease, develop, license, or provide services to hotels, resorts, branded residences, and vacation ownership properties, including under the Park Hyatt, Miraval, Grand Hyatt, Alila, Andaz, The Unbound Collection by Hyatt, Destination by Hyatt, Hyatt Regency, Hyatt, Hyatt Ziva, Hyatt Zilara, Thompson Hotels, Hyatt Centric, Caption by Hyatt, JdV by Hyatt, Hyatt House, Hyatt Place, tommie, UrCove, and Hyatt Residence Club brand names, and operates the World of Hyatt loyalty program that provides distinct benefits and exclusive experiences to its valued members.


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