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Thursday, December 24, 2009, 11:00 Hrs  [IST]

Hyatt Hotels Corporation, DB Group sign management agreement to operate five new properties in India

Hyatt Hotels Corporation and DB Hospitality Pvt. Ltd., part of DB Group, have announced management agreements under which Hyatt will operate five new hotel properties in India. The properties, currently slated to open on various dates between mid-2010 and early 2014, include Park Hyatt Mumbai, Grand Hyatt Goa, Grand Hyatt Pune, Hyatt Place Pune, and Hyatt Place Mundra.

According to a report in hotelnewsresource, DB Hospitality Pvt. Ltd. will develop and own the properties, all of which will be situated in major business centres. The plans include luxury and upscale guest accommodations, serviced apartments, authentic dining options, and banquet/meeting facilities.

Ratnesh Verma, Senior Vice President of real estate and development, Hyatt said, “The introduction of five new Hyatt properties in India illustrates our commitment to expanding our global footprint. We are excited to provide our guests with access to our world-class, preferred brands in these increasingly popular markets in India.”


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