Andaz Palm Springs to open in 2016
Hyatt Hotels Corporation (NYSE: H) today announced that a
Hyatt affiliate has entered into a management contract with Rael
Development Corporation for an Andaz hotel in Palm Springs, Calif.
The hotel will join Andaz hotels currently located in top resort
destinations including Wailea (Maui), Napa (Calif.), and Peninsula
Papagayo (Costa Rica), as well as other world-class cities such as
London, New York, Los Angeles, Shanghai, and Tokyo. Andaz Palm
Springs is expected to open in late 2016.
Andaz Palm Springs (Photo: Business
Wire)
Andaz Palm Springs will bring to life the brand’s mission of
creating inspiring, indigenous experiences and immersing guests
into the destination’s local culture. The 150-room luxury lifestyle
hotel will be located in the heart of downtown Palm Springs,
adjacent to the vibrant Uptown Design District and walking distance
to the shops, restaurant and galleries that line the famed Palm
Canyon Drive. The hotel will also be within walking distance of the
Village Center and the convention center, and two miles from Palm
Springs International Airport. Andaz Palm Springs is being designed
to provide guests with a sophisticated urban resort experience.
The 150-guestroom, 17-suite Andaz Palm Springs will stay true to
its desert oasis destination. The hotel will be built as a
collection of small buildings and guestroom bungalows surrounding
two outdoor pools and garden areas on an elevated patio terrace,
offering panoramic views of the majestic San Jacinto Mountains and
city. Andaz Palm Springs will also feature spa services, a fitness
facility, a signature restaurant and lounge, as well as an
expansive elevated poolside retreat and terrace bar. The first
level of the hotel site will include approximately 25,000 square
feet of boutique retail space and intimate indoor and outdoor
meeting facilities.
“We are delighted to see Andaz Palm Springs come to life in such
an iconic California community,” said David Tarr, Senior Vice
President of Development – Americas for Hyatt. “Andaz Palm Springs
will embody the local culture, infusing it throughout the guest
experience. The hotel will be an urban oasis, offering personal
style, comfort and sophistication synonymous with the Andaz
brand.”
“Palm Springs has once again become increasingly influential as
an entertainment, arts and recreation destination in Southern
California, and we are excited to introduce the Andaz brand to the
Coachella Valley,” said Graeme Rael, Principal of Rael Development
Corporation. “We felt this brand was the perfect fit for the
community as it is a design-oriented, eco-conscious brand with a
service model that is personal and uncomplicated.”
Andaz Palm Springs will collaborate with local artists,
musicians, designers, and other cultural influencers to deliver
events and programs on themes unique to its location in Palm
Springs. The Andaz Salon, the brand’s signature cultural program,
features interactive, on-property and virtual events conceived to
support and nurture each hotel’s community of emerging talent. The
distinctive spaces at Andaz Palm Springs will stage creative Andaz
Salon events, ranging from talks to exhibitions to live
performances. These events can also be experienced through the
Andaz Salon website at www.andazsalon.com, where unique
content is shared by Cultural Insiders.
About Rael Development Corporation
Rael Development Corporation (Raelcorp) is a privately-held real
estate company focused on the development, investment and
management of commercial real estate. Founded in 1977, the firm has
acquired and developed an array of trophy properties in select
markets across the country. The company is guided by its
experienced senior leadership along with a dedicated staff of
veteran real estate professionals. The company maintains offices in
Newport Beach, California and Dallas, Texas. For more information,
please visit www.raelcorp.com.
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 December 31, 2014, the Company's worldwide
portfolio consisted of 587 properties in 50 countries. For more
information, please visit www.hyatt.com.
Forward-Looking Statements
Forward-Looking Statements in this press release, which are not
historical facts, are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Our actual
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considered reasonable by us and our management, are inherently
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materially from current expectations include, among others, the
rate and pace of economic recovery following economic downturns;
levels of spending in business and leisure segments as well as
consumer confidence; declines in occupancy and average daily rate;
if our third-party owners, franchisees or development partners are
unable to access the capital necessary to fund current operations
or implement our plans for growth; changes in the competitive
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HyattAurelia Vasquez+1 312 780 5873Aurelia.Vasquez@Hyatt.com
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