Hyatt Signs With Xuan Mai to Develop Dual-Branded Hyatt Place and Hyatt House Hotel in Ho Chi Minh City

Hyatt Place | November 22, 2019

CHICAGO (November 22, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Xuan Mai Sai Gon Construction Investment Joint Stock Company (“Xuan Mai”) to develop a 300-key Hyatt Place Saigon, District 7 and 250-key Hyatt House Saigon, District 7 in one of Ho Chi Minh City’s largest districts. Planned for completion in 2023, the new hotels will be Hyatt’s first dual-branded Hyatt Place and Hyatt House hotel project in Southeast Asia and will also mark the entry of the Hyatt House brand in Vietnam. The Hyatt Place brand combines style, innovation and 24/7 ...