Hyatt is set to build Hyatt Centric Boulevard Batumi hotel in Georgia. According to the international hotel brand, a management agreement has already been signed with Alliance City Ltd that envisages the construction of Hyatt Centric Boulevard Hotel on the beach in Batumi.
The 180-room hotel is planned to open by 2025.
It’s worth mentioning that it will be first Hyatt Centric hotel in Georgia and the ninth in Europe.
Temo Bitsadze, Business Development Manager at Alliance Group, said a few months ago that Alliance Group presents unique regional hub for MICE tourism in Georgia. Giving you opportunity to belong to something global and keep pace with the business development..
“Alliance Centropolis" combines a 5-star hotel and casino, the first WTC exhibition center in the region as well as investment apartments and A class business center and A class shopping center.
The project includes a 10,000 sq m recreation area, 3-storey underground parking, luxury restaurants and bars, entertainment center and cinema, spa and fitness centers, swimming pools.
The investment cost of the project is $ 380 million, although its final cost will rise to $ 450-470 million. Bitsadze adds that the financial partner in the project is Bank of Georgia.