Hyatt and Central Embassy Agree to Develop Park Hyatt in Bangkok

 Hyatt Hotels Corp. recently signed a management agreement with Central Embassy for a 222-room Park Hyatt to be developed in Bangkok, Thailand. The property will be in the city's central business district and is expected to open in 2014 with several dining facilities, a spa, a swimming pool and a sky bar with views of downtown Bangkok. For groups, the hotel will feature 15,515 square feet of meeting space.