Hyatt Hotels Corporation Enters Agreement with Sogo Development for Hyatt Place Tokyo Bay Opening in 2019

Sogo Development Co., Ltd. | March 14, 2017

CHICAGO--March 14, 2017--Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Tokyo Bay Resort Development Co., Ltd., a subsidiary of Sogo Development Co., Ltd. for a Hyatt Place hotel near Tokyo Disney Resort in Chiba, Japan. Upon its expected opening in 2019, Hyatt Place Tokyo Bay will be the country's first Hyatt Place hotel. "It is our great pleasure to introduce the Hyatt Place brand to Japan through our collaboration with Sogo Development Co., Ltd.," said Hirohide Abe, senior vice president of Hyatt, Japan and Micronesia. "This opening will mark a very important mil...