Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with Lotte Tour Development Co., Ltd. for a Grand Hyatt branded hotel in Jeju City, Jeju Island, South Korea. The new hotel will mark Hyatts sixth property in the country, complementing Grand Hyatt Seoul and is expected to be the second largest Grand Hyatt hotel in the world.
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- News Lotte Tour Development Co., Ltd.
- Hyatt Announces Entered into A Management Agreement with Lotte Tour Development Co., Ltd