Hyatt Announces Plans for Hyatt Place and Hyatt House Hotels in Latin America
Hyatt Place and Hyatt House Panama City Costa del Este are expected
to open in 2015
CHICAGO–(BUSINESS WIRE)–Feb. 26, 2013–
Hyatt
Hotels Corporation (NYSE: H) announces that a Hyatt affiliate and
affiliates of the Malca family have formed a joint venture to develop
and own two hotels in the master planned community of Costa del Este in
Panama City, Panama that will be branded as a Hyatt Place and Hyatt
House.
Hyatt Place Panama City Costa del Este and Hyatt House Panama City Costa
del Este will be part of a mixed use development that will also include
approximately 118,000 square feet (11,000 s…