KUALA LUMPUR, MALAYSIA (July 9, 2015) – One of Malaysia’s leading developers, UEM Sunrise Berhad (“UEM Sunrise”) announced today that its wholly-owned subsidiary, Arcoris Sdn Bhd has entered into a management agreement with an affiliate of Hyatt Hotels & Resorts for a Hyatt House hotel in Mont’Kiara, Kuala Lumpur. Expected to open in 2017, Hyatt House Kuala Lumpur, Mont’Kiara will mark the first Hyatt House hotel in Malaysia.

The Hyatt House brand is rooted in extensive research and consumer insights, which indicated that extended stay travelers want to feel connected, welcome and at home, and want a hotel that accommodates this lifestyle. To embody this, Hyatt House hotels offer casual hospitality in a welcoming and warm environment that encourages guests live like residents.

Located in Mont’Kiara, an affluent suburb located three miles (five kilometers) from central Kuala Lumpur, the hotel will feature approximately 298 guestrooms, a three-meal restaurant, 3,100 square feet (290 square meters) of meeting space, a fitness center, and a sky pool. The hotel will be part of a larger mixed use development, Arcoris Mont’Kiara, which will also feature business suites, small home offices (“SoHo”), residential units, and a retail plaza. As with all Hyatt House hotels around the world, Hyatt House Kuala Lumpur, Mont’Kiara will make guests feel more like residents during their stay.

“We are delighted to bring the Hyatt House brand to Kuala Lumpur, and we are honored to start our relationship with UEM Sunrise – one of the largest real estate developers in Malaysia,” said Patrick Finn, vice president of real estate and development, Asia Pacific, Hyatt. “We believe that Hyatt House Kuala Lumpur, Mont’Kiara will be able to cater to a growing extended stay market in the Kuala Lumpur area. We look forward to welcoming guests and making them feel at home.”

“We are proud to enter into a management services agreement with Hyatt, and to bring Hyatt’s extended stay experience to Malaysia,” said Anwar Syahrin Abdul Ajib, Managing Director/Chief Executive Officer of UEM Sunrise. “Hyatt House Kuala Lumpur, Mont’Kiara completes the overall implementation plan of our award-winning Arcoris Mont’Kiara development, which is designed by the London-based architectural firm, Foster + Partners. It is a significant milestone that marks UEM Sunrise’s inaugural venture into the hospitality industry as we expand our business portfolio. Hyatt House Kuala Lumpur, Mont’Kiara addresses the needs of businesses and leisure travelers in the affluent Mont’Kiara enclave and its wider surroundings.”

Hyatt House Kuala Lumpur, Mont’Kiara will be ideal base for business and leisure travelers, in addition to families, that want to keep their real-life routines rolling, even when they are on the road. The hotel will be ideally located near top international schools, Kuala Lumpur Golf & Country Club and the main business districts of Kuala Lumpur Sentral and Kuala Lumpur City Centre.

The term “Hyatt” is used herein for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.