YEREVAN. – The construction of a Hyatt hotel in Armenia’s City of Jermuk will be completed in Fall 2014, investor and former MP Samvel Sargsyan told news reporters.

“The hotel will include several additional services, including a spa center, and it will comply with the international requirements of the Hyatt network,” Sargsyan added.

In line with preliminary estimates, $15 million are expected to be invested for the construction which began in 2009.

In addition, a new Jermuk Municipality building is planned to be built near the hotel.