Hyatt Regency to open in Sochi, Russia

Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into an agreement with Yug – Novy Vek, a subsidiary of leading Russian real estate developer Snegiri Development, to manage Hyatt Regency Sochi, which is under construction and expected to open in late 2013 in Sochi, Russia, host of the 2014 Winter Games.

Hyatt Regency Sochi, bordering Sochi’s scenic seaside pedestrian zone, will be a stand-alone building with 200 rooms, including 26 suites, an all-day-dining and a specialty restaurant, a lobby lounge, a specialty bar and a pool bar, a ballroom and ten meeting rooms, as well as spa facilities with eight spa treatment rooms and an outdoor swimming pool. The hotel will be located at the heart of the city’s historical center and will feature a pedestrian area behind the hotel that converges with the beachside promenade