Hyatt Hotels Corporation has announced that one of its affiliates has signed a management agreement for Thailand's landmark Park Hyatt Bangkok, which is due to open in 2014.

The deal has been signed for Central Embassy - a wholly-owned mixed-use scheme owned by the Central Group of Companies - and will see the hotel located in the heart of the city.

Park Hyatt Bangkok will be housed in an iconic building and is one of 18 Park Hyatt hotels in the development stage around the world - the first to be built in Thailand.

Facilities at the 222-bedroom hotel will comprise a spa, a fitness room and a swimming pool. However, further details relating to the spa element are yet to be confirmed.

Hyatt Hotels Corporation global head of real estate and development Stephen Haggerty said: "The spectacular 'twisted coil' exterior design of this hotel will be a stand-out in Bangkok's skyline and will reinforce the Park Hyatt brand's long history of innovative design."

Larry Tchou, managing director for Asia Pacific, Hyatt Hotels and Resorts, added: "We eagerly await the opportunity to welcome our guests from around the world to one of the region's greatest cities."

Details: www.hyatt.com