Hyatt announced plans for its first Czech Republic property. The previous Sugar Palace will become the new Andaz Prague, under development with UBM Development AG. Located right outside Prague’s Old Town, the property will offer nearly 200 guestrooms and expects to open in 2022.

Andaz Prague is one of the city’s first luxury lifestyle hotels and plans include three food and beverage outlets, a fitness center, a spa and ample meeting and event space — all set across the previous Sugar Palace footprint, retaining the building’s Neoclassical heritage.

“Prague has been a popular destination particularly since the Velvet Revolution 30 years ago,” said Takuya Aoyama, vice president development, Hyatt. “This city of Mozart, Mucha and Hrabal continues to inspire people to explore its rich offerings. With the addition of Andaz Prague, we are excited for Hyatt to have a brand presence in the three imperial cities of Europe — Vienna, Budapest and Prague — and grow our opportunities to cater to the luxury demand.”

“It is wonderful to be working alongside Hyatt to bring the Andaz brand to the Czech Republic. This hotel has great potential for those wishing to explore Prague, and we believe that the Andaz brand is the perfect choice for this culturally rich city,” added Thomas Winkler, CEO, UBM Development AG. “With our long-standing expertise as Europe’s leading hotel developer, we will transform this truly exceptional building in a new jewel of Prague’s hotel landscape.”