Austin, Texas — According to state and local economic development sources Hyatt plans to invest $59,000,000.00  to build out new hotel space in Austin. The company plans to complete the new hotel space at 721 Congress Ave in Austin, on or about February 1, 2021. According to the company website Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 13 premier brands. As of December 31, 2016, the Company’s portfolio included 698 properties in 56 countries. The Company’s purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry.

To learn more about Hyatt, visit http://www.hyatt.com/

Company Contact:
Mark Vondrasek, Chief Commercial Officer
mark.vondrasek@hyatt.com
https://www.linkedin.com/in/mark-vondrasek-1b4552150/

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