CHICAGO—An affiliate of Hyatt Hotels Corporation has entered into a contract with Jersan LLC to develop a Hyatt Place hotel in Jermuk, Armenia.
Expected to open in 2015, Hyatt Place Jermuk will mark the second Hyatt-branded hotel in Armenia, joining the recently opened Hyatt Place Yerevan.
The 88-room, new-build hotel will be situated in the center of Jermuk Resort, which is currently being redeveloped by the Armenian government. It is known for its hot springs and providing bottled water in the area. Nearby attractions also include the mountains of Vayots Dzor and the 1,000-year-old Gndevank Monastery. The hotel is located less than three hours away from the Armenian capital Yerevan.
Hyatt Place Jermuk will offer more than 1,800 sq. ft. of meeting space, an open market with made-to-order meals and snacks around the clock, a restaurant offering breakfast, lunch and dinner, a fitness center and an indoor and outdoor swimming pool.