Hyatt Announces Plans for First Andaz Hotel in Hong Kong

Hyatt Hotel Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a management agreement with Wing Tai Properties Limited (“Wing Tai”, SEHK stock code: 369) and CSI Properties Limited (SEHK stock code: 497) for the first Andaz branded hotel in Hong Kong. Expected to open in 2027, this new-build hotel will be part of Central Crossing, an iconic mixed-use placemaking project at 118 Wellington Street in Central, Hong Kong, that will also feature premium commercial offices, open green spaces, and the preservation of heritage architecture.