Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a management agreement with M+S Pte. Ltd for an Andaz hotel in Singapore’s up-and-coming Ophir-Rochor district. Expected to open in 2017 in the DUO development, Andaz Singapore will be the brand’s first hotel in Southeast Asia’s gateway city.
The DUO development, a landmark development owned 60:40 by Malaysia’s strategic investment fund, Khazanah, and Singapore’s investment company, Temasek, has a gross floor area of 1.73 million square feet. DUO will be a catalyst for change in the area with its distinct building design, conceived by internationally renowned architect Ole Scheeren. The design consideration reflects the vibrant, creative and energetic culture of Singapore’s expanding Central Business District (CBD), as well as the inspiring and unscripted style set forth by the Andaz brand, all which will complement the rich heritage of the Ophir-Rochor district.
“Following a rigorous selection process, we’re delighted to collaborate with Hyatt as we help to introduce the company’s first Andaz hotel to Southeast Asia as an integral part of the DUO development,” said Tan Sri Azman Yahya, Chairman of the Board of M+S. “Andaz Singapore at DUO marks a significant milestone for M+S in our efforts to transform Singapore’s cityscape through our two iconic projects: DUO and Marina One. When completed, DUO will offer a distinctive 24/7 live-work-play environment and reaffirm Singapore’s leading position as the region’s preeminent investment destination.”
Andaz Singapore is set to offer a refreshing take on the boutique lifestyle hotel concept, providing an indigenous and unscripted stay that is free of barriers. Through its fluid, friendly and accommodating spaces with distinct design features, Andaz Singapore is set to weave the city’s local creative into the fabric of the hotel, leading its guests to new discoveries and inspiring experiences.
“Singapore is one of the main business and commercial centers of Asia with robust demand for both business and leisure travel, and Hyatt is committed to being in the locations where we know our guests are traveling,” said David Udell, Group President – Asia Pacific for Hyatt. “The Andaz brand is an ideal fit for the vibrant DUO development, and this hotel will join several other exciting Andaz hotels in the pipeline in locations like Delhi, Munich, and Bali. It is our pleasure to collaborate with M+S to bring Andaz Singapore to life, and we look forward to delivering on Hyatt’s promise of delivering the highest level of service and hospitality to our loyal guests who will be visiting this hotel from around the world.”
Andaz Singapore will comprise of more than 340 guestrooms and will offer the district’s rising creative class an intimate, contemporary and relaxed environment. The hotel will also offer a lounge area, restaurants and bars, a rooftop outdoor venue, meeting and event spaces, spa services, a fitness center, an outdoor swimming pool, and a gift shop.
The DUO development will be the largest integrated development in the micro-market and contribute significantly to the Urban Redevelopment Authority’s master plan to shape the Ophir-Rochor district into a vibrant residential, business, retail, hotel, and entertainment cluster to complement the existing Marina Bay and Raffles place CBD. In addition to the hotel, DUO consists of 660 premium residences, 570,000 square feet of prime Grade A office space, and a unique retail gallery of 56,000 square feet, all set within a park-like environment. The development is directly connected to the Bugis MRT Station, served by the East, West and Downtown lines, and is 15 minutes away from Singapore’s Changi Airport.
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