The 1994 Waldbaum's Hamlet Cup was a men's tennis tournament played on outdoor hard courts.

It was the 14th edition of the event known that year as the Waldbaum's Hamlet Cup, and was part of the World Series of the 1994 ATP Tour.

2, Wimbledon runner-up, Kitzbühel and Tokyo indoor winner Goran Ivanišević, Doha, Stuttgart indoor and Washington titlist Stefan Edberg, and Jakarta, Philadelphia, Hong Kong, Atlanta and Cincinnati champion Michael Chang.

Also competing were Australian Open runner-up, Wimbledon semifinalist Todd Martin, Adelaide and Copenhagen titlist Yevgeny Kafelnikov, Cédric Pioline, Marc Rosset and Arnaud Boetsch.

Fifth-seeded Yevgeny Kafelnikov won the singles title.