Hyatt Hotels Corporation and Emirates Pearl for Development & Investment (EPDI) announced that a Hyatt affiliate and Emirates Pearl entered into an agreement for the management of a Grand Hyatt hotel in Abu Dhabi, which is expected to open in 2015. Emirates Pearl for Development & Investment is a joint venture between a subsidiary of Atlas Group and Tourism Development & Investment Company (TDIC). TDIC is a developer of tourism, cultural and residential destinations in Abu Dhabi.
The 47-story hotel will be located on the southwest end of the Coastal Boulevard in the Ras Al Akhdar district of central Abu Dhabi. It will be located close to shopping malls and tourist attractions, and only 30 minutes from Abu Dhabi International Airport.
The contemporary “twisting” glass tower will have 368 rooms and 60 service apartments with four restaurants, a lounge, two bars, meeting facilities and a spa and fitness center. The hotel is being designed by Dennis Lems Architects Associates, with interiors by MKV Design of London.
Grand Hyatt Abu Dhabi Hotel & Residences Emirates Pearl will be the third Hyatt-branded property in the city of Abu Dhabi, and will join Grand Hyatt Dubai as the second Grand Hyatt hotel in the United Arab Emirates.
Hyatt Hotels Corporation, headquartered in Chicago, is a global hospitality company. The company's subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt, Park Hyatt, Andaz, Grand Hyatt, Hyatt Regency, Hyatt Place,Hyatt House, Hyatt Zilara and Hyatt Ziva brand names and have locations on six continents. The company's worldwide portfolio currently consists of 554 properties in 47 countries.