Hyatt Regency to Open in Sochi in 2013

An Hyatt affiliate has entered into an agreement with Yug – Novy Vek, a subsidiary of Russian real estate developer Snegiri Development, to manage the Hyatt Regency Sochi. The hotel is under construction and is expected to open in late 2013.

“Hyatt Regency Sochi is a priority project for us,” said Sergey Demin, chief executive officer of Snegiri Development, “and we have engaged the best architects and designers from the Scottish architectural firm RMJM and the French interior designer Valode & Pistre. We have also engaged Rasen Construction, a leading Turkish contractor, for construction of this complex and unique project. We are confident that Hyatt Regency Sochi will become the center of resort life in Sochi and the premier 5-star hotel in all of the famous Black Sea Riviera.”

Hyatt Regency hotels range from 200 rooms to more than 2,000, and feature intimate and large meeting spaces, as well as a full range of services and dining options.

“Hyatt Regency Sochi will join the portfolio of 143 Hyatt Regency hotels around the world and will mark the first Hyatt hotel in Sochi, Russia’s largest seaside, health and holiday resort destination,” said Gebhard Rainer, managing director, Hyatt Hotels & Resorts - Europe, Africa, and Middle East. “We are delighted that we will be able to offer business and leisure travelers in Sochi the same authentic hospitality for which Hyatt is known worldwide.”

Sochi will host the 2014 Winter Games.

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