Hyatt Hotels has signed a management agreement with Rustaveli Property for a new property in Tbilisi, Republic of Georgia.
Plans are to convert a Tbilisi national heritage monument, the former Ministry of Justice building, into a Hyatt Regency hotel.
Hyatt Europe, Africa and Middle East development senior vice-president Peter Norman said: "We are thrilled to add this landmark property to our portfolio and further expand the number of Hyatt-branded hotels throughout Europe.
"We look forward to bringing the Hyatt Regency brand to the Georgian capital, and to welcoming guests to Hyatt Regency Tbilisi, a hotel that will be designed to cultivate connections and offer memorable dining experiences, stimulating recreational facilities and inspirational meeting services."
Located on Rustaveli Avenue, the new property will include 170 guestrooms and suites, in addition to around 8,100ft² of meeting space, comprising ballroom. In addition, the property will feature four food and beverage outlets and a spa and fitness centre that is expected to open in 2017.
Rustavelli Property’s Roman Pipia said: "It is a great honour to be responsible for the redevelopment of such an iconic building in our capital city, and we look forward to unveiling the hotel upon completion."
Hyatt Regency Tbilisi will be part of more than 150 Hyatt Regency hotels across the globe, including 29 existing Hyatt Regency hotels in Europe, Africa, Middle East and South West Asia.