Hyatt Hotels affiliate has signed a management agreement with Hongkong Land for a new Hyatt Centric hotel, called Hyatt Centric East CBD Chengdu in Chengdu, Sichuan province of China.
Expected to open in 2025, the hotel will mark the foray of the Hyatt Centric lifestyle brand into China’s southwest region.
The foray of Hyatt Centric brand in Chengdu bolsters Hyatt’s commitment to boost its lifestyle portfolio in more leisure destinations that are sought after.
Hyatt Centric East CBD Chengdu is in the city’s bustling downtown area and will be part of commercial complex, The Ring, which is developed by Hongkong Land.
This mixed-use project will be located at a prime spot near Southeast Second Ring Road on Dong Da Road.
Hyatt Asia Pacific president of growth and operations Stephen Ho said: “We are honoured to be embarking on this milestone collaboration with Hongkong Land, as their immense experience in developing best-in-class properties across Asia makes them an ideal collaborator to expand the Hyatt Centric brand to Chengdu and southwest China.
“Hyatt is committed to growing its lifestyle portfolio in destinations that matter most to guests and World of Hyatt members, including key destinations across Greater China. Chengdu draws tourists from all over the world who are keen to explore its rich culture and renowned gastronomy. With its focus on authentic local experiences, we believe Hyatt Centric East CBD Chengdu will be the perfect location for savvy travellers seeking to be immersed and inspired in the destination.”
Hongkong Land spokesperson said: “Hyatt Centric East CBD Chengdu will represent Hongkong Land’s first collaboration with a third-party hotel management company, and looks forward to working alongside Hyatt to realise its vision for The Ring as a landmark business, shopping and leisure destination and a vibrant hub of the surrounding community.
“Hongkong Land is well known for its prime office and luxury retail properties in key Asian cities, developed with a mindfulness of the ever-evolving needs of those who inhabit and interact with its buildings. With Hyatt’s expertise and innovative approach to hospitality, Hongkong Land is confident that Hyatt Centric East CBD Chengdu will become a sought-after choice for business and leisure travellers alike.”
As of 31 March 2023, Hyatt’s portfolio includes over 1,250 hotels and all-inclusive properties in 75 countries across six continents.
A property investment, management and development group, Hongkong Land owns and manages over 9,000,000ft2 of office and luxury retail assets in important Asian cities, such as Hong Kong, Singapore, Beijing and Jakarta.
