YEREVAN. – Armenian capital Yerevan’s Mayor Taron Margaryan met with a working delegation from Hyatt International company, which was led by Gebhard Rainer, Managing Director of Hyatt International, Europe-Africa-Middle East. The parties discussed the company’s investment programs in Yerevan.

The Mayor welcomed the Hyatt International’s first investment program in Yerevan: the building of a Hyatt hotel in Armenia’s capital. “The presence of a world-renowned brand in Yerevan is truly important for us, and this in its turn will stimulate tourism development in our capital,” Taron Margaryan said.   

In his turn, Gebhard Rainer underscored the construction of a Hyatt hotel in Yerevan, since this will be the company’s first presence in the region. “Yerevan has great development prospects, and we wish to continue the investment projects,” Hyatt International’s official stated, and he expressed a conviction that there is a bilateral desire to develop tourism in Armenia’s capital.  

Yerevan’s Mayor noted that the City Hall will assist as much as possible so that the outlined projects are successfully materialized. “We are open and ready for cooperation,” Taron Margaryan stressed. 

And Hyatt International’s partner in Armenia, businessman Samvel Sargsyan assured that their partnership envisions continuous projects in Yerevan. “The first hotel will open by the end of the year, and you will see the comfort we offer to the guests of our city,” the businessman noted.