The first Andaz hotel to open in Southeast
Asia’s gateway city
Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt
affiliate has entered into a management agreement with M+S Pte. Ltd
for an Andaz hotel in Singapore’s up-and-coming Ophir-Rochor
district. Expected to open in 2017 in the DUO development, Andaz
Singapore will be the brand’s first hotel in Southeast Asia’s
gateway city.
The DUO development, a landmark development owned 60:40 by
Malaysia’s strategic investment fund, Khazanah, and Singapore’s
investment company, Temasek, has a gross floor area of 1.73 million
square feet. DUO will be a catalyst for change in the area with its
distinct building design, conceived by internationally renowned
architect Ole Scheeren. The design consideration reflects the
vibrant, creative and energetic culture of Singapore’s expanding
Central Business District (CBD), as well as the inspiring and
unscripted style set forth by the Andaz brand, all which will
complement the rich heritage of the Ophir-Rochor district.
“Following a rigorous selection process, we’re delighted to
collaborate with Hyatt as we help to introduce the company’s first
Andaz hotel to Southeast Asia as an integral part of the DUO
development,” said Tan Sri Azman Yahya, Chairman of the Board of
M+S. “Andaz Singapore at DUO marks a significant milestone for M+S
in our efforts to transform Singapore’s cityscape through our two
iconic projects: DUO and Marina One. When completed, DUO will offer
a distinctive 24/7 live-work-play environment and reaffirm
Singapore’s leading position as the region’s preeminent investment
destination.”
Andaz Singapore is set to offer a refreshing take on the
boutique lifestyle hotel concept, providing an indigenous and
unscripted stay that is free of barriers. Through its fluid,
friendly and accommodating spaces with distinct design features,
Andaz Singapore is set to weave the city’s local creative into the
fabric of the hotel, leading its guests to new discoveries and
inspiring experiences.
“Singapore is one of the main business and commercial centers of
Asia with robust demand for both business and leisure travel, and
Hyatt is committed to being in the locations where we know our
guests are traveling,” said David Udell, Group President – Asia
Pacific for Hyatt. “The Andaz brand is an ideal fit for the vibrant
DUO development, and this hotel will join several other exciting
Andaz hotels in the pipeline in locations like Delhi, Munich, and
Bali. It is our pleasure to collaborate with M+S to bring Andaz
Singapore to life, and we look forward to delivering on Hyatt’s
promise of delivering the highest level of service and hospitality
to our loyal guests who will be visiting this hotel from around the
world.”
Andaz Singapore will comprise of more than 340 guestrooms and
will offer the district’s rising creative class an intimate,
contemporary and relaxed environment. The hotel will also offer a
lounge area, restaurants and bars, a rooftop outdoor venue, meeting
and event spaces, spa services, a fitness center, an outdoor
swimming pool, and a gift shop.
The DUO development will be the largest integrated development
in the micro-market and contribute significantly to the Urban
Redevelopment Authority’s master plan to shape the Ophir-Rochor
district into a vibrant residential, business, retail, hotel, and
entertainment cluster to complement the existing Marina Bay and
Raffles place CBD. In addition to the hotel, DUO consists of 660
premium residences, 570,000 square feet of prime Grade A office
space, and a unique retail gallery of 56,000 square feet, all set
within a park-like environment. The development is directly
connected to the Bugis MRT Station, served by the East, West and
Downtown lines, and is 15 minutes away from Singapore’s Changi
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 M+S Pte Ltd
Owned 60:40 by Khazanah Nasional Berhad and Temasek
respectively, M+S Pte. Ltd. was set up on 27 June 2011 to develop
DUO and Marina One; two integrated developments in Singapore. DUO
(www.duosingapore.com.sg) located at Ophir-Rochor with
approximately total gross floor area of 1.73 million square feet
will comprise close to 570,000 square feet Grade-A office space,
56,000 square feet retail space, 660 premium residential apartments
and a 5-star hotel. Marina One (www.marinaone.com.sg) located at
Marina South with approximately total gross floor area of 3.67
million square feet will comprise close to 1.88 million square feet
comprising prime Grade-A office, 140,000 square feet retail space
and 1,042 luxury residential apartments.
About Andaz
Global in scale while local in perspective, Andaz hotels deliver
an innovative hospitality experience and attentive, uncomplicated
service designed to accommodate guests’ personal preferences.
Hotels in this collection reflect the unique cultural scenes and
spirit of the surrounding neighborhood and are dedicated to
creating natural and vibrant living spaces where travelers can
indulge their own personal sense of comfort and style. Twelve Andaz
hotels are currently open: Andaz 5th Avenue and Andaz Wall Street
in New York, Andaz San Diego, Andaz West Hollywood, Andaz Napa,
Andaz Savannah, Andaz Maui at Wailea, Andaz Peninsula Papagayo in
Costa Rica, Andaz Liverpool Street in London, Andaz Amsterdam
Prinsengracht, Andaz Xintiandi, Shanghai and Andaz Tokyo Toranomon
Hills. For more information, please visit www.andaz.com.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading
global hospitality company with a proud heritage of making guests
feel more than welcome. Thousands of members of the Hyatt family
strive to make a difference in the lives of the guests they
encounter every day by providing authentic hospitality. The
Company’s subsidiaries develop, own, operate, manage,
franchise, license or provide services to hotels, resorts, branded
residences and vacation ownership properties, including under
the Hyatt®, Park Hyatt®, Andaz®, Grand
Hyatt®, Hyatt Regency®, Hyatt Place®, Hyatt House®,
Hyatt Zilara™, Hyatt Ziva™, Hyatt
Residences® and Hyatt Residence
Club® brand names and have locations on six continents. As
of September 30, 2014, the Company's worldwide portfolio consisted
of 573 properties in 48 countries. For more information, please
visit www.hyatt.com.
Forward-Looking Statements
Certain statements and assumptions in this press release contain
or are based upon “forward-looking” information and are being made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. When we use the words “will,” may,”
“anticipate,” “estimate,” “should,” “expect,” “believe,” “intend,”
or similar expressions, we intend to identify forward-looking
statements. Such statements are subject to numerous assumptions and
uncertainties, many of which are outside of M+S Pte. Ltd’s or
Hyatt’s control, which could cause actual results to differ
materially from those expressed in or implied by the content of
this document. Forward looking statements made in this press
release are made only as of the date of their initial publication
and neither party undertakes an obligation to publicly update any
of these forward looking statements as actual events unfold.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20150127005838/en/
Hyatt Hotels & ResortsJamie Rothfeld, +1 312 780
6070jamie.rothfeld@hyatt.comorHyatt Hotels & ResortsKaren
Chung, (+852) 2768 1271Director of Corporate Communications, Asia
Pacifickaren.chung@hyatt.com
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