Hyatt hotel under construction in Armenia's Jermuk
October 05, 2013
YEREVAN. - The construction of a Hyatt hotel in Armenia's City of Jermuk
will be completed in Fall 2014, investor and former MP Samvel Sargsyan told
"The hotel will include several additional services, including a spa center,
and it will comply with the international requirements of the Hyatt network,"
In line with preliminary estimates, $15 million are expected to be invested for
the construction which began in 2009.
In addition, a new Jermuk Municipality building is planned to be built near the hotel.
all of which will mean zero unemployment in the region.