Hyatt and Juniper Hotels private limited announce agreement for Andaz Delhi

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hyatt_hotel_staynfly.comHyatt Hotels Corporation has announced that a Hyatt subsidiary and Juniper Hotels Private Limited signed management agreements for Andaz Delhi, a 323-room hotel with an additional 118 Andaz-branded apartments. Slated to open in 2013, the new Andaz property will be located within the burgeoning hospitality district near Indira Gandhi International Airport in Delhi, India. This project, the first Andaz property planned in India, comes two months after Hyatt announced plans to expand its presence in Delhi, Goa, Kolkata and Mumbai, as well as expand into 15 new Indian markets over the next five years.

Personal and uncomplicated, Andaz is a new hotel experience that is a fresh, stylish blend of engaging hospitality delivered in vibrant settings, and created with simplicity and locality in mind. Andaz Delhi will join the existing Andaz portfolio which includes Andaz Liverpool Street, London (2007), Andaz West Hollywood (2009), Andaz Wall Street (2010) and Andaz San Diego (2010). Andaz 5th Avenue in New York is scheduled to open in summer 2010. Additional Andaz hotels in development include Andaz Austin, Texas; Andaz Amsterdam, Andaz Papagayo, Costa Rica; Andaz Sanya Sunny Bay, China; and Andaz Turks and Caicos.

Located in India’s second largest metropolis and one of its leading economic centers, Andaz Delhi will command a premier site in the city’s strategically located hospitality district, which is near Delhi’s emerging Central Business District and the commercial hubs of Gurgaon and South Delhi. Combined, these cities form the heart of India’s bustling National Capital Region. International business travel into Delhi has steadily risen in recent years, attracted by such industries as information technology, telecommunications, banking and media as well as tourism.

Andaz Delhi will feature a variety of amenities including a lounge, theme bar, two restaurants, spa and fitness center. Additionally, the property will offer a 7,000-square-foot ballroom and seven meeting rooms. The hotel will be easily accessible by air, rail, and highway transportation.

“We are excited about the opportunity to introduce the Andaz brand to India as part of our plan to grow in one of the world’s leading emerging markets,” said Ratnesh Verma, senior vice president of real estate and development for Hyatt Hotels & Resorts in South Asia. “Andaz Delhi will appeal to the discerning international leisure and business traveler seeking a new and unique experience. This exciting project is consistent with our development strategy of expanding the presence of our preferred brands in key markets with strong and experienced developers and owners.”

“We believe in Hyatt’s strong commitment to the success of the Andaz brand and are delighted to be able to strengthen our relationship with the company to bring Andaz to this key market in India,” said Arun Saraf, managing director, Juniper Hotels Private Limited, a co-owner of Grand Hyatt Mumbai, which opened in 2004.

About Andaz

Global in scale while local in perspective, Andaz delivers an innovative hospitality experience and attentive, uncomplicated service designed to accommodate guests’ personal preferences. Hotels in this unique collection reflect the spirit of their locale, and are dedicated to creating natural and vibrant living spaces where travelers can indulge in their own personal sense of comfort and style.

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