Hyatt Announces Plans for First Hotel in the Czech Republic with Andaz Prague

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Hyatt Hotels Corporation[1] (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement for the first Hyatt property in the Czech Republic. The “Sugar Palace” hotel project, currently being developed by UBM Development AG, will become the new Andaz Prague. Located at Senovážné Square, only a short walk from Prague’s world-famous Old Town, the 175-room hotel is expected to open in 2022.

Andaz Prague will be among the first luxury lifestyle hotels in the Czech capital. A juxtaposition of heritage and modernity, and echoing the sights, sounds, scents and tastes of its surroundings, Andaz Prague will create a stay that immerses curious travelers and neighborhood guests in the very best of its locale.

Originally built in 1916, the neoclassical landmark, commonly known as the Sugar Palace, features a unique architectural design and will provide unscripted access to the rich heritage and history of Prague. The most important sights can be easily reached by foot allowing guests to experience the city’s unique flair. Andaz Prague will feature three distinct food and beverage outlets, approximately 4,840 square feet (450 square meters) of event space, a fitness center and a spa.

References

  1. ^ Hyatt Hotels Corporation (www.hyatt.com)

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