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Hyatt Hotels Corporation Announces Andaz Shanghai

February 11, 2011

Hyatt Hotels Corporation announced that Andaz Shanghai, the first Andaz hotel in Asia, will open in Shanghai, China in the summer of 2011. The newly constructed 24-story hotel, featuring 307 spacious guest rooms, will be located in Xintiandi, a landmark entertainment area in the heart of downtown Shanghai. The hotel is being developed by Metro Land Corp., Ltd, (Shanghai Stock Exchange: 600683.SS) whose major business interests include real estate development.

“Shanghai has become increasingly influential as a financial and commercial center and is a critically important city for international and in-country travelers and we are excited to introduce the Andaz brand there,” said Steve Haggerty, Global Head of Real Estate and Development for Hyatt Hotels Corporation. “The addition of the Andaz brand in Shanghai, which has three Hyatt hotels today, marks an important milestone for Andaz and we expect Andaz Shanghai to become the brand’s flagship in the region. Andaz Shanghai will be a spectacular addition to the Andaz family, which has six additional properties under development in key gateway cities and resort destinations around the world.”

Andaz Shanghai will feature 262 standard rooms measuring 40 square meters, as well as 45 suites, ranging in size from 82 – 193 square meters, a restaurant, brasserie, bar, lounge, a spa and pool and 1,300 square meters of function space.

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