14 March 2014
Hyatt Hotels Corp. (NYSE: H) said that a Hyatt affiliate has entered into a joint venture and related agreements with an affiliate of Desarrolladora Mexicana de Inmuebles for the development and management of a Hyatt Regency hotel in Guadalajara, Jalisco, Mexico.
Hyatt Regency Andares Guadalajara marks the return of Hyatt to the city after a more than 17-year absence and will be the fifth Hyatt Regency-branded hotel in Mexico.
Hyatt Regency Andares Guadalajara will be located in the upscale area of Zapopan in the northwestern section of Guadalajara.
DMI is a privately-held Guadalajara-based national investment, business development and operating company. Its website is at www.grupodmi.com.mx.
Hyatt Hotels, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. For more information, visit www.hyatt.com.