PEC Portfolio Springvale to Develop 200-Key Hyatt Place Hotel in Melbourne, Australia Set to Open in 2020

Hyatt Place | May 4, 2018

CHICAGO--May 4, 2018--Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with PEC Portfolio Springvale Pty Ltd for a 200-key Hyatt Place hotel in Melbourne, Australia. The Hyatt Place brand is rooted in extensive consumer insights indicating that guests seek stylish, comfortable, seamless experiences that accommodate their lifestyles and familiar routines. To embody this, the brand offers casual hospitality and purposeful service in a smartly designed, high-tech and contemporary environment. "We are delighted to expand the Hyatt Place brand in Melbourne, the second largest c...