Park Hyatt Vienna will be the brand’s first hotel in Austria

The world might be cringing with fears of an economic downfall yet again but that doesn’t mean there must be no place to drown your sorrows in. Hospitality giants understand this pain and so one of them has announced a new property for Vienna. The Hyatt affiliate in collaboration with SIGNA Holding Group will manage the Park Hyatt Vienna, to be located in the Innere Stadt, or First District – a UNESCO World Heritage site. The hotel is expected to be opened in 2013 and will feature a historical ambiance. It will have 143 rooms, including 35 suites, an all-day dining restaurant, lobby and cigar lounges, a hotel bar, a premier meeting facility, a fitness center and a spa.

The hotel is being designed by architects Neumann & Partners and interior design firm FG Stijl. The Park Hyatt Vienna is the 14th property being developed worldwide by the Hyatt Hotels Corporation.