SYS-CON MEDIA Authors: Carmen Gonzalez, Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel

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Park Hyatt New York Announces Summer 2014 Opening

NEW YORK, March 31, 2014 /PRNewswire/ -- Park Hyatt New York, the flagship hotel of the globally recognized Park Hyatt brand, plans to make its grand debut this summer, offering unprecedented luxury in the heart of Midtown Manhattan. Guests of Park Hyatt New York will enjoy its prime location at 153 West 57th Street between Sixth and Seventh Avenues, which is within walking distance from Central Park, as well as across from the historic Carnegie Hall.

Park Hyatt New York

"With luxury and personalized service top of mind, we have meticulously customized the experience at Park Hyatt New York to offer exceptional, genuine hospitality," said Walter Brindell, General Manager, Park Hyatt New York and Area Vice President, Park Hyatt Hotels, North America. "We are committed to delivering an authentic New York City experience that will set us apart from any other local luxury hotel, and we look forward to welcoming guests in true Park Hyatt style to this fantastic city."

Park Hyatt New York will feature 210 luxurious guestrooms, including 92 premier suites, all with floor-to-ceiling windows and nestled within the first 25 floors of the iconic, 90-story One57 skyscraper, designed by Pritzker Prize-winning architect Christian de Portzamparc. At 475 square feet, the standard rooms at Park Hyatt New York will be among the largest in New York City and the majority of deluxe rooms will span 530 square feet. Nightly rates for a standard room start at $795 to $1,295.

World-renowned interior design firm, Yabu Pushelberg, is at the helm of Park Hyatt New York's interior design. Inspired by New York's most well-appointed homes, Park Hyatt New York's intimate design will capture the energy and vibrancy of the city, utilizing signature elements tastefully layered with modern materials and furnishings. The firm curated a collection of intimate public and personal areas filled with art and custom furnishings.

Executive Chef Sam Hazen will lead Park Hyatt New York's culinary operations, consisting of dining experiences in The Living Room; the signature restaurant; and event space. These venues will offer authentic, New York gourmet dining options, each crafted as a destination in its own right for the hotel's guests and visitors, as well as culinary-savvy New Yorkers. The exquisite 60-seat Living Room, which features a bar that will overlook the historic Carnegie Hall on 57th Street, will lead patrons to the signature restaurant, which will seat 96. The hotel's elegant ballroom, featuring illuminated white onyx walls and soaring heights, will offer extraordinary dining and entertainment experiences, and is large enough to host a seated dinner for 220 or a standing reception for 450. Additionally, Park Hyatt New York will include spacious meeting spaces and an unrivaled Executive Boardroom with an exclusive outdoor terrace.

The hotel's spa, Spa Nalai, will feature six all-inclusive treatment suites as well as private outdoor balconies. Inspired by sister Park Hyatt spas around the world, Spa Nalai will offer a unique menu of international treatments that will change seasonally and will include custom services. Incorporating precious ingredients sourced across the globe, Park Hyatt New York's spa treatments will indulge the most discerning guests and be tailored to meet a wide variety of travellers' needs, from addressing minor ailments to providing medical-grade services. 

Park Hyatt New York's breathtaking three-story aerie will feature a steam room, hot tub, private changing rooms and indoor swimming pool with underwater speakers playing an exclusive soundtrack from Carnegie Hall. Overlooking the aerie, a 24/7 state-of-the-art fitness center will promote health and wellbeing activities for guests.

Every aspect of Park Hyatt New York is being thoughtfully crafted with distinctive touches to complement the hotel's residential feel. Art enthusiasts will enjoy a collection of 350 gallery-worthy artworks showcased throughout the property, with at least 10 pieces designed specifically for Park Hyatt New York. Park Hyatt New York will also be the only hotel worldwide to offer Tubereuse 40 bath amenities by Le Labo Fragrances. Additional exclusive partnerships with like-minded, iconic New York City brands will include Carnegie Hall, Sotheby's and Central Park Conservancy.    

About Park Hyatt New York
Scheduled to open in summer 2014, Park Hyatt New York will become the flagship hotel of the globally recognized Park Hyatt brand. Designed by Pritzker Prize-winning architect Christian de Portzamparc and with Yabu Pushelberg at the helm of interior design, the hotel's 210 luxury guestrooms will be modern with a slight nod to the past, evoking an eclectic, residential aesthetic. Park Hyatt New York guests will benefit from the hotel's prime location across from Carnegie Hall and within walking distance to Central Park. The property will allow the best local New York artists, chefs, interior and fashion designers, musicians and collectors to showcase their specialties providing the ultimate guest experience. New Yorkers and worldwide travelers alike will enjoy an exquisite bar; gourmet culinary offerings; a phenomenal spa, fitness center and indoor swimming pool.

About Park Hyatt
Park Hyatt hotels provide discerning, affluent business and leisure guests with elegant and luxurious accommodations. Guests of Park Hyatt hotels receive highly attentive personal service in an intimate environment. Located in several of the world's premier destinations, each Park Hyatt hotel is custom designed to combine sophistication with a distinctive regional character. Park Hyatt hotels feature well-appointed guestrooms, meeting and special event spaces for groups, critically acclaimed art, food and beverage programs and signature restaurants featuring award-winning chefs. There are currently 32 Park Hyatt hotels in the following locations: Abu Dhabi, Beaver Creek, Beijing, Buenos Aires, Busan, Canberra, Carlsbad, Changbaishan, Chennai, Chicago, Dubai, Goa, Hamburg, Hyderabad, Istanbul, Jeddah, Maldives, Melbourne, Mendoza, Milan, Moscow, Ningbo, Paris, Saigon, Seoul, Shanghai, Siem Reap, Sydney, Tokyo, Toronto, Washington D.C. and Zurich.  For more information, visit parkhyatt.com.

Forward-Looking Statements
Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, the rate and pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; if our third-party owners, franchisees or development partners are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

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SOURCE Park Hyatt New York

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