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Hyatt Announces Plans For Hyatt House San Juan In Puerto Rico

Stocks in this article: H

Hyatt Hotels Corporation (NYSE: H) announces that a Hyatt affiliate has entered into an agreement for a Hyatt House hotel in San Juan, Puerto Rico with an affiliate of Island Hospitality Partners, LLC, a joint venture of PRISA Group and McConnell Valdes Consulting. Puerto Rico Tourism Company Executive Director Luis Rivera Marín, PRISA Group President Federico Stubbe Jr. and other government officials attended a groundbreaking ceremony today, marking the construction commencement on Hyatt House San Juan, which is expected to open in fall 2014. Island Hospitality affiliates are also the owners of Hyatt Place Bayamón Hotel & El Tropical Casino and Hyatt Place Manatí & Casino, which are both currently under construction and expected to open in early 2014.

“We are glad to work with Island Hospitality on Hyatt House San Juan, our third Hyatt-branded hotel project with Island Hospitality in Puerto Rico,” said Pat McCudden, senior vice president, real estate and development Hyatt Hotels & Resorts. “We believe that the Hyatt House brand and the location of the hotel in San Juan’s convention center district will have strong appeal to business and leisure travelers visiting the city.”

Hyatt House San Juan will offer 126 studio, one and two bedroom kitchen suites, and will feature Atlantic ocean and San Juan Bay views. The hotel will be part of a 113-acre master planned project, which currently includes the 580,000 sq. ft. state-of-the-art Puerto Rico Convention Center. Located in Isla Grande, the hotel will be in close proximity to the Financial District in Hato Rey, Isla Grande Airport and the Port of San Juan. Additionally, Hyatt House San Juan will be located near local points of interest, including Old San Juan, the Condado district, San Juan Central Park, and Plaza Las Américas. The hotel will be conveniently located in front of a water taxi pier, which will provide an alternative transportation option to surrounding areas of San Juan, including the new Bahía Urbana waterfront development. Hyatt House San Juan will also be adjacent to the proposed San Antonio Light Rail Station, which, upon completion, will provide easy access and connection to the greater San Juan metro area.

“We believe in the Hyatt House brand and think the hotel will have strong appeal in San Juan due to its close proximity to the Puerto Rico Convention Center and convenient access to the airport and cruise ship terminal,” said Federico Stubbe, Jr., president of PRISA Group. “Hyatt House San Juan is the first upscale extended stay hotel to be built in Puerto Rico, which is a testament to the Island’s evolving and maturing tourism market. We are excited to introduce the Hyatt House brand to San Juan, and furthermore, to bring Hyatt’s world-class hospitality to Puerto Rico with both the Hyatt Place and Hyatt House brands.”

Launched in 2012, Hyatt House was designed to welcome residents rather than guests. Inspired by extensive research of guest experiences, Hyatt House is designed to surprise and delight with services, amenities, upscale spaces and a casual, comfortable environment that will remind guests of home. Residentially inspired studios, one- and two-bedroom suites feature contemporary full kitchens, living space with flat panel HDTVs and bedrooms with a plush bed. Complimentary Wi-Fi is available throughout the hotel. A complimentary full hot breakfast is served daily as well as a complimentary Evening Social with savory bites, beer and wine. In lieu of the Evening Social, some locations have an H BAR featuring the Sip+Savor menu and full bar. Public spaces include a 24-hour workout room, Guest Market and laundry facilities. A friendly House Host is available to check-in guests, provide directions or help with other needs so guests feel right at home. The brand is committed to helping guests keep their real-life routines rolling while on the road.

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