In order to gear up its spread in Thailand, Hyatt Hotels Corporation ( H - Snapshot Report ) announced the debut of a Hyatt Place branded hotel in Bangkok in collaboration with a local real estate firm Pioneer Property Company Limited (PPC). The new property named Hyatt Place Bangkok, Sukhumvit is slated to open for business in 2017. Lately, Hyatt Hotels is strategizing to beef up its portfolio in Thailand through introduction of its top class brands in the country. On previous occasion, Hyatt Hotels declared the debut of two other brands in the Thai city with the Park Hyatt Bangkok and Hyatt Regency Bangkok, Sukhumvit. The properties will come up in 2014 and 2017, respectively. Hyatt Place, the upscale select service brand of Hyatt Hotel, offers casual hospitality in a high-tech and modern environment. The brand appeals to both multi-tasking business travelers and leisure travelers. Hyatt Place has enjoyed huge success in the U.S. and expects to cater t...