Hyatt to operate Grand Hyatt Hyderabad

CHICAGO – Affiliates of Global Hyatt Corporation and Lanco Hills Technology Park Private Limited, a part of the Lanco Group, has signed a definitive management agreement for the Grand Hyatt Hyderabad, due to open in Hyderabad, India in early 2011. The hotel will be Hyatt's second hotel in Hyderabad, following Park Hyatt Hyderabad, which is scheduled to open in early 2010.

The planned 400-room hotel is part of a 100-acre township development in Manikonda called Lanco Hills, about two miles from Gachibowli and HITEC city. The entire development is approximately 10 miles from the new international airport at Shamshabad and is part of the emerging Central Business District.

Other development components at the Lanco Hills Project include high-rise premium residential towers, office towers, serviced apartments, and a retail and entertainment zone.