9 september 2011

Vladivostok, September 9, 2011. The OJSC Nash Dom — Primorye and Hyatt International (EAME) LLC signed the Management Agreement for Hyatt hotels in Vladivostok.

Hyatt Regency Vladivostok — Golden Horn and Hyatt Vladivostok Burny will be the third and fourth Hyatt-branded hotels in Russia. They are under construction and expected to open in advance of the Asia-Pacific Economic Cooperation (APEC) Summit in the fall 2012.

Hyatt Regency Vladivostok — Golden Horn will feature 217 guest rooms and suites, food and beverage outlets, a spa and health club and banqueting and meeting facilities. The property is located in the city’s central business district, with the back of the hotel directly facing the Golden Horn Bay. Visitors attending the 2012 APEC Summit will have easy accessibility to Russky Island, the event’s main venue.

Hyatt Vladivostok-Burny, which will have a direct view of the Amursky Gulf, will boast 218 guest rooms and suites, as well as food and beverage outlets, banquet and meeting facilities, and a spa and fitness annex.

These hotels will provide comfortable environment for living and work of the businessmen and investors in Vladivostok. Being operated by a chain operator these hotels will become a remarkable landmark of the city and will provide a unique site for cooperation between the Russian and foreign partners.

«With our long presence in Russia we will bring experience and knowledge to the local hospitality industry», said Gebhard F. Rainer, the Managing Director of Hyatt International (EAME) LLC. «We will provide over 600 new jobs for people in and around Vladivostok. The two hotels will become active members of the local community, both in contributing to the economic growth of the area and in providing a place of sanctuary, relaxation and security to regional, international and global travellers».

Additional information:

The OJSC Nash Dom — Primorye is a state owned company. One of its top-priority activities is the development of the construction projects. The company was established in 2002. In 2009, it was appointed to manage the construction of 5-star hotel complexes in Vladivostok in preparation for the 2012 APEC Summit. The company also provides mortgage services and is a mortgage lender in Primorsky Region.

Another socially important business of the company is mortgage lending. More than seven years the company has been an authorized party in the mortgage lending system and acting as a regional mortgage lending operator of the OJSC Agency for House Mortgage Lending in Primorsky Region.

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Hyatt hotel brand, one of the seven brands in the Hyatt Hotels Corporation family of brands, is a full-service upscale hotel brand designed with the individual traveler in mind.

Hyatt Regency is an upscale brand of full-service hotels specializing in large meetings and conventions. Hyatt-branded hotels in Russia include Ararat Park Hyatt Moscow and Hyatt Regency Ekaterinburg, with Hyatt Regency Sochi under development and slated to open in 2013. Currently, there are more than 140 Hyatt Regency hotels in operation globally, with more than 25 hotels under development in the China, India, Latin America, the United States, Saudi Arabia, and Vietnam.

Contact:

Elizaveta Litvinova
OJSC Nash Dom — Primorye, +7 (423) 2 607–254, ndpipoteka@mail.ru

Press Center address

Bestuzheva str. 21a, Vladivostok,
Primorsky Region, Russia, 690003
Tel.: +7 (423) 260–72–54

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