Hyatt Hotels Corporation Plans Mallorca Debut

PALMA DE MALLORCA, Spain - March 21, 2013 - PRLog -- Park Hyatt, a brand of the American Hyatt Hotels Corporation, has plans to launch in Canyamel on Mallorca’s eastern coastline.  Set to open in 2015, it will be the first Hyatt-branded hotel on this Balearic Island.

As part of a management agreement with Spanish real estate development company, Cap Vermell Hotel Proyectos y Promociones SL, the 142-room luxury resort will be built to evoke a Mallorquin hilltop village whilst encompassing state of the art technologies and facilities.  Guests can expect two restaurants, a lounge bar, poolside bar, separate beach club, Spa and fitness centre and generous space for meetings and events.

Peter Norman, Senior Vice President, Real Estate and Development for EAME, Hyatt Hotels & Resorts, said of the project, “Mallorca is one of Europe’s most beautiful areas, and we believe that Park Hyatt Mallorca will deliver an unprecedented level of luxury and unrivalled hospitality experience to guests.  Spain continues to be one of the most popular tourist destinations in the world, and Park Hyatt Mallorca will enable Hyatt to further enhance its visibility in Europe and further pursue its strategy to increase its brand presence in the region and new markets.”

Canyamel is an interesting location for Park Hyatt as it is far from the traditional tourist honeypots of Palma and the southwest, with the International Airport an hour’s drive.  However, Daniel Chavarria Waschke, Managing Director of Mallorca Sotheby’s International Realty, has been monitoring progress in the area.

“First, we are of course delighted to welcome Park Hyatt to the Island”, says Daniel, “another leading name to add to the likes of Jumeirah, St Regis and Sheraton who already have resorts on Mallorca.  I suspect one attraction for Canyamel was the international standard 18-hole golf course that will neighbour the Park Hyatt.  This course was acquired by Erwin Franz Muller at the end of last year, a man well known on the Island as being the owner of the international perfumery chain bearing his name.  He has made clear his plans for Canyamel to set the benchmark for golf on the Island and, between him and Hyatt, this eastern coastal location will undoubtedly grow in stature.”

The Park Hyatt will overlook the Canyamel valley with views of the sea and the ancient town of Arta and also be within walking distance of the golf course and the historic Cuevas de Arta.  The hotel is at the centre of a 61-acre master development, owned and developed by Grupo Cap Vermell, which will include residential properties and a number of high-end luxury villas.  Meanwhile Erwin Franz Muller and his team are planning an ambitious project to modernise and improve the golf facilities first constructed back in 1988.  In doing so he hopes to win back golfers who may have defected to cheaper locations such as Egypt and Turkey, but without necessarily finding the same quality offered in Mallorca.

On the Market near Canyamel:
Ref 4340 – Villa, Cala Ratjada, Mallorca
Imposing first line property with a large coastal frontage and direct access to the sea and sandy beach of Son Moll.  Offered either as a private residence in need of some refurbishment or as an investment opportunity as there is the possibility to construct another four or five villas on the substantial plot.  This charming house has beautiful sea views and comprises five bedrooms, four bathrooms, a large lounge / dining room with fireplace, kitchen, utility room and various offices. The property also includes a separate guest house, tennis court, wine cellar and a double garage.
Five bedrooms, four bathrooms
Built area 700m², Plot size 9,400m²
Price 5.9 million euros (approx 5 million pounds)

Ref 5430 – Villa, Canyamel, Mallorca
South facing villa with breathtaking sea views across the Bay of Canyamel and the mountainous countryside.  A substantial home built to high standards, there is a modern open-plan fitted kitchen with dining area, large sitting room with open fire, four spacious en-suite double bedrooms and a separate self-contained apartment with laundry area.  Terraces at each level enjoy fabulous views whilst the main large sun terrace has an infinity swimming pool, shower and barbecue area.  Stylishly furnished with lift access to all four floors, the home is just ten minutes walk to the sandy beach of Canyamel and conveniently located for golf courses and the town of Arta.
Five bedrooms, five bathrooms
Built area 500m², Plot size 1,000m²
Price 2.5 million euros (approx 2.1 million pounds)

Contact Mallorca Sotheby’s International Realty on phone: (+34) 971 67 48 07, email mallorca@mallorcasir.com or visit www.mallorca-sothebysrealty.com  
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