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Hyatt announces
its ninth Los Angeles area hotel
CHICAGO--(BUSINESS
WIRE)--Jan. 8, 1997--
Hyatt Valencia
will be Santa Clarita Valley's first full-service hotel Chicago-based
Hyatt Hotels Corp. today announced that it will manage a new hotel
in the planned community of Valencia in the city of Santa Clarita,
Calif. The hotel will be called Hyatt Valencia, and it will be the
community's first full-service hotel. Construction of the six-story
hotel has begun, and the hotel is scheduled to open in the spring
of 1998. Hyatt Valencia will beowned by The Newhall Land and Farming
Co., a developer of new towns and master-planned communities. Newhall
Land is developing the community of Valencia on a portion of its
37,000-acre ranch in the Santa Clarita Valley, a rapidly developing
commercial and residential area about 30 miles north of downtown
Los Angeles.
Valencia has
more than 33,000 residents and several office and industrial parks,
including the third largest business park in Los Angeles County.
The 250-room Hyatt Valencia will feature more than 10,000 square
feet of meeting space, including a 6,000 square-foot ballroom. This
will be the largest meeting facility in the Santa Clarita Valley.
Hyatt Valencia will feature a full-service restaurant and lounge,
an outdoor patio eating area and an outdoor swimming pool and whirlpool.
The hotel's design will mirror Southern California's Spanish-style
architecture with stone floors inside the building and a stucco
finish and a red-tile roof on the outside. The hotel's interior
designer is Hirsch/Bedner & Associates. "Hyatt was founded in Southern
California 40 years ago, and since then, the region has been very
good to us.
There are more
than a dozen Hyatts from San Diego to Los Angeles to Palm Springs,"
said Douglas G. Geoga, president, Hyatt Hotels Corp. "The agreement
to manage this hotel, in Newhall Land's exciting and vibrant community,
reaffirms our commitment to the region and to Hyatt's overall strategy
for growth and expansion," he added. "Bringing in Hyatt to manage
this hotel demonstrates our commitment to making this a first class
property," said Thomas L. Lee, chairman and chief executive officer
of Newhall Land. "Hyatt Valencia is well located next to shopping,
industry and recreation and will offer hospitality to a variety
of leisure, business and group customers," he added. Hyatt Valencia
will be located approximately one and one-half miles from the entrance
to Six Flags Magic Mountain, a major amusement park. The pre-opening
sales contact for Hyatt Valencia is Lisa Haller, 310/301-2664. After
Feb. 1, she may be reached at 415/675-6200. For sales and reservations
for Hyatts in California, call 800/HYATTCA. CONTACT:
Hyatt Hotels
Corp., Chicago K.C.
Kavanagh or Gary Ross, (312)750-8377or 8091
or
Newhall Land Marlee Lauffer, (805)255-4247
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