One of its executives noted that Hyatt is "not the fastest growing hotel brand, we are aiming to be the best" as the global hospitality group recently opened the new five-star Hyatt Regency Qingdao in the coastal city.

"The Hyatt Regency Qingdao marks a significant milestone in our development," said Christopher Koehler, vice-president of its Asia-Pacific operations, at a press conference on Jan 11.

"We will strive to offer the city new levels of sophistication and style enhanced by the Hyatt Hotel signature hospitality."