KT Estate Inc., Hotel I-Park Co. and Hyatt to Open Andaz Gangnam, Seoul as First Andaz Hotel in South Korea

Andaz | August 7, 2018

CHICAGO (August 7, 2018) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into agreements with KT Estate Inc. and Hotel I-Park Co., Ltd. for the development of an Andaz hotel in Seoul's vibrant Apgujeong neighborhood in South Korea. Expected to open in 2019, Andaz Gangnam, Seoul will become the first Andaz branded hotel in Korea, joining other Andaz properties in Asia including locations in Shanghai, Singapore and Tokyo. Known for its culturally rich destinations and inspiring locales, the Andaz brand will expand in Apgujeong, an area of Gangnam that is considered to be one of the most afflue...