Hello MilePoint members! Today we are pleased to announce plans for Park Hyatt Busan in Busan, South Korea. The 268-room hotel is under construction and is expected to open in 2013. It will be the fifth Hyatt-branded property in South Korea. The Park Hyatt Busan will be located on a 10 acre site adjacent to the Haeundae Beach, a popular destination in South Korea. The hotel will offer more than 7700 square feet of meeting and event space, two restaurants, a lobby lounge, fitness center, spa, and an indoor pool. Sincerely, Nick B.