UEM Sunrise Bhd's wholly-owned subsidiary, Arcoris Sdn Bhd, has inked a management agreement with an affiliate of Hyatt Hotels and Resorts for a Hyatt House hotel in Mont Kiara.
Expected to be opened in 2017, Hyatt House Kuala Lumpur, MontKiara, will mark the first Hyatt House hotel in Malaysia, said UEM Sunrise in a statement.
"We are proud to enter into a management services agreement with Hyatt, and to bring its extended stay experience to Malaysia.
"It is a significant milestone that marks our inaugural venture into the hospitality industry as we expand our business portfolio," said Managing Director/Chief Executive Officer, Anwar Syahrin Abdul Ajib.
The hotel will feature about 298 guestrooms, a three-meal restaurant, 3,100 square feet (290 square meters) of meeting space, a fitness centre and sky pool.
It will be part of a larger mixed used development, Arcoris MontKiara, which will also feature business suites, small home offices (SoHo), residential units, and a retail plaza.
The hotel will be ideally located near top international schools, the Kuala Lumpur Golf and Country Club and the main business districts of Kuala Lumpur Sentral and Kuala Lumpur City Centre. - By The Star