Hyatt Hotels Corporation (NYSE: H) announced that a Hyatt affiliate has purchased land in Omaha for the construction of a Hyatt Place hotel, which it will own and manage. The hotel is expected to open in 2014.

Slated to begin construction early in the second quarter of 2012, Hyatt Place Omaha Downtown/Old Market will have 159 rooms in a stand-alone nine-story building located on the northwest corner of Jackson Street and 12th Street in the Old Market district. The hotel, designed by the Chicago office of the DLR Group, will be situated amidst Omaha’s arts and entertainment center that features fine dining, shopping, corporate meeting facilities, and upscale nightlife.

Hyatt Place Omaha Downtown/Old Market will be the first Hyatt hotel in Nebraska, and will join Hyatt’s Omaha-based Worldwide Reservations Center, which provides customer service and sales support for all international and domestic hotels.

For more information about Hyatt Hotels Corporation, please visit their website at www.hyatt.com.