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MarketScreener Homepage  >  Equities  >  Nyse  >  Hyatt Hotels Corporation    H

HYATT HOTELS CORPORATION

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Hyatt Hotels : Andaz Xiamen Opens in South China; The new luxury lifestyle hotel creates an immersive experience inspired by the local Nanyang style of the city

09/09/2020 | 08:17am EST

CHICAGO - Hyatt Hotels Corporation (NYSE: H) announced today the opening of Andaz Xiamen in south China. Situated in the heart of Xiamen, within the mixed-use development of The MixC and close to Xiamen Botanical Garden, Andaz Xiamen is where old meets new and east meets west, weaving in the sights, sounds and tastes of its local neighborhood to create a dynamic environment and an immersive experience for guests.

'We are extremely excited to celebrate the opening of Andaz Xiamen and announce the introduction of the inspiring and unscripted Andaz brand experience to this beautiful garden city, which marks the debut of the second Andaz hotel in China,' said Stephen Ho, president of growth and operations for Asia Pacific, Hyatt. 'We sincerely appreciate the trust and support from the hotel's owner, China Resources Land, and look forward to welcoming inquisitive travelers to immerse themselves into the vibrant local culture and natural beauty.'

Created by world-renowned designer JID-which was founded by the celebrated late Indonesian designer Jaya Ibrahim-Andaz Xiamen has been inspired by the city's sobriquet as a 'Garden by the Sea.' The hotel has been conceived as a modern mansion inspired by tropical Nanyang style.

As in typical local homes, Andaz Xiamen features high ceilings, repeated arched detailing and living spaces linked by walkways open to cooling tropical breezes. Throughout the hotel, an abundance of speckled terrazzo, timber louvres, tactile wicker and rattan and graphic tiling and carpeting create continuity between spaces and reinforce the Nanyang feel. Ceilings have been inspired by pergolas and trellises to evoke an outdoor atmosphere and much of the artwork feature tropical flora and fauna. All the artwork at Andaz Xiamen is by artists either from Xiamen or with a strong connection to the city and the hotel will actively nurture local talent, offering a platform for emerging young artists.

Rather than a traditional hotel uniform, Andaz Xiamen colleagues are free to choose from the clean-lined, sculptural ready-to-wear collection of Wan Yifang, a designer who was born in Xiamen. The designs distinguish the associates while allowing them to express their own 'Andaz' which means personal style in Hindi.

Rooms

Andaz Xiamen houses 304 elegant rooms, including 20 suites with separate living rooms, which enjoy vibrant views over the city. The Nanyang-inspired private spaces feature high ceilings typically found in tropical climates and natural textures and materials for a comfortable, relaxed feel, from rattan-backed armchairs to woven bamboo wall paneling to timber louvres. To make each stay barrier-free, all non-alcoholic minibar drinks and snacks are complimentary in each guestroom, as are local telephone calls and Wi-Fi.

Drinking and dining

With its prime location in the heart of Xiamen, the four innovative, immersive drinking and dining venues at Andaz Xiamen showcase the vibrant local neighborhood through authentic local flavors.

Andaz Lounge is the convivial heart of Andaz Xiamen, a bright central gathering spot where skylights, tropical plants, graphic carpeting and views of an outdoor courtyard come together to create a vibrant Nanyang-style space. Here, in-house guests are greeted upon arrival and can drop in at any time for complimentary non-alcoholic drinks and snacks. In the evening, the lounge offers complimentary wine, beer and locally inspired canapes. Additionally, Andaz Lounge serves a menu of light snacks as well as an elevated afternoon tea experience.

No. 101 Chinese Restaurant, named after the hotel address, presents local Minnan and Chaoshan cuisines with a twist. Overlooking a tropical outdoor courtyard replete with reflecting ponds, the vibrant all-day eatery houses a series of open kitchens showcasing live culinary theatre and an array of Nanyang design elements from the rattan ceiling to the graphically tiled floor. The restaurant opens daily for breakfast, lunch and dinner.

Sharing the outdoor terrace with No. 101 Chinese Restaurant is More Than Wine, celebrating the ocean-faring culture of Xiamen and Nanyang. Dominated by a striking central bar tiled to resemble fish scales, More Than Wine specializes in classic tiki cocktails with a local twist, as well as rum and agave spirits, carefully selected wines, artisanal craft beer and refreshing mocktails.

Off-site, Sugar Pavilion is located in a glass house within the piazza at The MixC mall. The all-day European cafe and bar serves contemporary Italian cuisine by the hotel's Italian executive chef, Alessandro Martinelli, as well as health-centric drinks and desserts.

Wellness

For guests inspired by physical wellbeing, the Fitness Center on the 2nd floor is fitted with the latest cardio equipment, free weights and a yoga room. Alternatively, guests can take a dip in the heated 25-meter outdoor swimming pool on the lobby floor.

Social Spaces

Andaz Xiamen aims to push the limits of innovative meeting spaces by creating locally inspired, residential-style spaces in the spirit of a creative 'studio.' The hotel offers nearly 21,527 square feet (2,000 square meters) of Nanyang-inspired event space, including seven standalone spaces ranging in size from 861-9,687 square feet (80-900 square meters) and catering to up to 800 guests. The hotel's gracious 9,687-square-foot (900-square-meter) Ballroom is blessed with a 31-foot (9.5-meter) high ceiling featuring nautical-style chandeliers and bougainvillea-inspired carpeting and wall panelling. For a more casual event, the 2,152-square-foot (200-square-meter) Pool House by the outdoor pool features a show kitchen for catering a la minute and can house between 72 attendees in a board meeting to 170 guests during an event seated theatre style.

'With Andaz Xiamen, we hope to stimulate the senses with our redefined Nanyang interiors, neighborhood-inspired experiences and luxurious hospitality,' says General Manager Owen Chiu. 'Our aim is to offer a luxury lifestyle experience that's woven into the fabric of the local culture, fueling our guests' creativity and inspiring them to express their own unique style and passions. As luxury travelers reemerge within the region, our underlying mission to care for our guests remains true. Through wellbeing amenities such as our beautiful spaces, 24-hour fitness services, outdoor swimming pool, balanced menus amid a pleasant city environment, we care for guests so they can be their very best.'

Xiamen is located on China's southeast coast. During the Qing dynasty, Chinese citizens migrated from Xiamen and other coastal regions to Singapore, Malaysia, Indonesia and the Philippines. Citizens who returned to Xiamen built villas influenced by their living experiences in Southeast Asia resulting in a unique cultural environment and a tropical interior style known as Nanyang ('southern seas'). Today, more than 40 percent of the city enjoys forest landscapes and has been awarded the 'Scroll of Honor' by the United Nations Habitat and the title of 'International Garden City' by the International Park and Recreation Association for its clean air, relaxed pace and pleasant living conditions.

Special offer

To provide World of Hyatt members with even more ways to be rewarded, members can now earn 500 Bonus Points for qualifying nights at Andaz Xiamen from September 15, 2020 to December 31, 2020, as part of the program's '500 Reasons To Stay Somewhere New' offer. Additional participating hotels and their offer stay periods can be found at worldofhyatt.com/newhotelbonus. No registration is required, and members can earn on top of other offers.

Terms and Conditions

The offer is valid for 500 Bonus Points for each qualifying night stayed by World of Hyatt members in good standing during a hotel's offer period at participating hotels and resorts. The offer is valid at participating hotels and resorts for stays with a checkout date during each hotel's offer period. For each hotel's offer period, visit worldofhyatt.com/newhotelbonus. To be eligible for this offer, guest must be a World of Hyatt member in good standing at the time of reservation and stay. Stay at a participating hotel with a checkout date during that hotel's offer period, provide the World of Hyatt membership number at time of check-in, and either pay an Eligible Rate or redeem a free night award. An 'Eligible Rate' and 'Ineligible Rate' are defined in the World of Hyatt Terms and Conditions (located at worldofhyatt.com/terms). Only one point bonus may be earned per member, per stay, regardless of the number of rooms booked. Only the room occupied by the member will count toward this offer. Two or more consecutive nights at the same hotel will be deemed one stay. All points awarded under this offer are Bonus Points. This offer is subject to the complete terms and conditions of the World of Hyatt program. Please allow 3-4 weeks after travel is completed for World of Hyatt Bonus Points to be credited to your Account. To join World of Hyatt, visit worldofhyatt.com. Qualifying nights will automatically be tracked when you provide your World of Hyatt membership number at check-in. A limited number of rooms are allocated to this offer; reservations subject to availability. Offer not valid with groups, conventions, other promotional offers, tour packages, or special rate programs. Promotional blackout periods may apply due to seasonal periods or special events, and normal arrival/departure restrictions apply. Hyatt reserves the right to alter or withdraw this offer at any time without notice. The trademarks Hyatt, World of Hyatt, and related marks are trademarks of Hyatt Corporation or its affiliates. 2020 Hyatt Corporation. All rights reserved.

Guided by its purpose of care, Hyatt's multi-layered Global Care & Cleanliness Commitment further enhances its operational guidance and resources around colleague and guest safety and peace of mind. More information on Hyatt's commitment can be found here: hyatt.com/care-and-cleanliness.

For more information, please visit https://www.hyatt.com/en-US/hotel/china/andaz-xiamen/xmnaz

The term 'Hyatt' is used in this release for convenience to refer to Hyatt Hotels Corporation and / or one or more of its affiliates.

For further information:

MEDIA CONTACTS:

Gloria Kennett

Hyatt

+1 312 780 5506

gloria.kennett@hyatt.com

Vera Huang

Hyatt - China

+86 21 6081 1234

vera.huang@hyatt.com

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
CHINA RESOURCES LAND LIMITED -2.20% 33.35 End-of-day quote.-14.05%
HYATT HOTELS CORPORATION -0.96% 73.34 Delayed Quote.-18.25%
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Financials (USD)
Sales 2020 2 098 M - -
Net income 2020 -587 M - -
Net Debt 2020 1 572 M - -
P/E ratio 2020 -12,5x
Yield 2020 0,27%
Capitalization 7 420 M 7 420 M -
EV / Sales 2020 4,29x
EV / Sales 2021 2,70x
Nbr of Employees 55 000
Free-Float 36,9%
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Mark Samuel Hoplamazian President, Chief Executive Officer & Director
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