SIGNA and Hyatt to Develop 300-Room Andaz Hotel in Vienna Through 50:50 Joint Venture

SIGNA | March 30, 2016

SIGNA and an affiliate of Hyatt Hotels Corporation (NYSE:H) have announced a 50:50 joint venture for the development of Andaz Am Belvedere Vienna. The hotel will be located opposite the 21er Haus (formerly the Museum of Modern Art) and Vienna's Schweizergarten, next to the Belvedere Palace. The project which is slated to open in early 2019 will be led by international star architect and Pritzker Prize winner, Renzo Piano, and the hotel's interiors will be designed by Claudio Carbone and Gabriel Kacerovsky. Following the successful opening of Park Hyatt Vienna, Andaz Am Belvedere Vienna will be the second collaboration between SIGNA and ...