An affiliate of Hyatt Hotels Corp. has entered a management agreement with KL Midtown Sdn. Bhd., a joint venture company by Hap Seng Consolidated Berhad and TTDI KL Metropolis Sdn. Bhd., to develop a new 450-room Hyatt Regency branded hotel in Kuala Lumpur.
"In addition to being a prominent hotel for us in Malaysia, the introduction of Hyatt Regency Kuala Lumpur will bring awareness to the Hyatt Regency brand in the wider region," said Patrick Finn, senior vice president – real estate and development, Asia Pacific for Hyatt. "The new hotel is part of our strategy to grow Hyatt's brand presence in Malaysia, building upon the five hotels that currently operate in the region."
Set to be completed in 2024, the new hotel will mark the return of the Hyatt Regency brand to Kuala Lumpur.
When completed, the hotel will offer four food and beverage concepts, including two bars, a market café and a Japanese restaurant. It also will feature an outdoor swimming pool, a fu