President Serzh Sargsyan attended today the opening of the Hyatt Place Yerevan Hotel belonging to the network of Hyatt Place Hotels.
The construction of the hotel started in 2011 and was completed this year. About $15 mln has been invested so far. The opening of the 10-story hotel creates 70 jobs with an average salary of 200 thousand AMD.
Representatives of the “Interarm-M,” the owner of the hotel, and Hyatt Hotels Corporation, which manages the hotel, say the opening of Hyatt Place Yerevan will boost the improvement of services in the sphere and contribute to the improvement of the competitive environment.