HYATT HOTELS & RESORTS BREAKS GROUND ON FIRST NEW PROPERTY TO THE PALM BEACHES SINCE 2009

07/13/2011
HYATT HOTELS & RESORTS BREAKS GROUND ON FIRST NEW PROPERTY TO THE PALM BEACHES SINCE
2009
-New, 134-Room Hyatt Place Scheduled to Open in Delray Beach in 2012, Demonstrating Industry
Confidence Just As Strong as County's Tourism Outlook and Occupancy Growth-
THE PALM BEACHES, Fla. (July 13, 2011)- The Palm Beach County Convention and Visitor's Bureau today
joins Hyatt Hotels & Resorts and Kolter Group, LLC as they break ground on their newest Hyatt Place hotel,
conveniently located in the heart of downtown Delray Beach at 104 N.E. 2nd Avenue. The new hotel will be
the second Hyatt Place in The Palm Beaches- the first of which opened in February 2009 in downtown West
Palm Beach- and the first new property developed in the County since the Seagate Resort & Spa in
November 2009, also located in downtown Delray Beach.
"Of the 750 hotel rooms in Delray Beach, 314 have become available since 2001, meaning an astounding 72
percent of the area's current hotel product in Delray has been developed in the last 10 years," said Palm
Beach County Convention and Visitors Bureau President and CEO Jorge Pesquera. "When the new Hyatt
Place opens next year, it will bring the town's hotel inventory to 884 rooms, increasing Delray's total
inventory by another 18 percent. We are grateful to our partners at Hyatt Hotels & Resorts for their
commitment to and continued investment in The Palm Beaches, and look forward to helping fill those new,
beautiful rooms for years to come."
In addition to its many hotel properties, Delray Beaches' downtown district also boasts more than 130
restaurants, dozens of cultural institutions including the Morikami Museum, major annual events such as the
Delray Beach International Tennis Championships, two miles of white sandy accessible beach, over 350 shops
and 20 galleries, and an outdoor arts district, Pineapple Grove, further demonstrating that Delray Beach is
truly one of the most thriving destinations in all of South Florida.
The property will be constructed and developed by Kolter Commercial- headquartered in Palm Beach
County- and will feature 134 spacious guestrooms, all of which will include a spa-inspired bathroom, 42-inch
HDTV, and an eight-foot sectional sofa-sleeper. Complimentary continental breakfast, property-wide Wi-Fi,
an elevated outdoor pool, and secured parking will be available to all hotel guests. The new Hyatt Place will
also feature a full-service lobby bar and mixed-use retail space, as well as executive boardrooms and flexible
meeting space for business guests.
"We are excited to bring another great new hotel to Palm Beach County in partnership with Hyatt and the
city of Delray Beach," said Kolter Commercial President Scott Webb. "The city was more than supportive in
getting the new development approved, and I believe this new hotel will afford another great lodging choice
in the Palm Beach market."
About Hyatt Place: Hyatt Place is a new kind of Hyatt for today's relaxed lifestyle. Catering to today's
discerning travelers; Hyatt Place combines The Hyatt Touch® with stylish design, purposeful amenities and
forward-thinking technology. Hyatt Place is a brand of Global Hyatt Corporation that currently offers more
than 160 locations nationwide. For Hyatt Place information or to make a reservation, call 1-888-HYATT-HP
(888-492-8847) or visit www.HyattPlace.comAbout Palm Beach County Convention and Visitors Bureau: The Palm Beach County Convention and Visitors
Bureau is the official destination marketing organization for Palm Beach County, Fla. Tourism is among Palm
Beach County's major industries generating a direct annual economic impact of $2.8 billion in the local
economy, producing $23 million dollars in bed-tax revenue and lodging sales of approximately $623 million.
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Media Contact: Carli Smith/Palm Beach CVB Maria Hayworth/Hayworth Creative PR
csmith@PalmBeachFl.com/561-233-3030 maria@hayworthcreative.com/386-
677-7000
1555 Palm Beach Lakes Boulevard, Suite 800, West Palm Beach, Florida 33401
561.233.3000 FAX 561.233.3009
WEBSITE MEDIA CENTER: PalmBeachFL.com/Media