HYATT’S MIDDLE EAST EXPANSION PLANS FOCUS ON SAUDI ARABIA AND THE UNITED ARAB EMIRATES
Key Launches in Strategic Middle East Market include Grand Hyatt Abu Dhabi and Hyatt Regency Riyadh Olaya
Dubai, United Arab Emirates (26 April, 2016) – Speaking at the Arabian Travel Market (ATM) 2016, Hyatt emphasized its focus upon the brand’s expansion into the key regional markets of the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA).
“The Middle East provides a unique and diverse arena for us to evolve our brand portfolio and we continue to make a strong impact in this region. We currently operate twelve full service hotels across the GCC and continue to recognize the benefits of expansion in this critically strategic market,” said Tareq Daoud, Regional Vice President, Hyatt Sales Force – Middle East & Africa, Hyatt Hotels & Resorts, South West Asia
Of the announced hotel pipeline in the next three years, there are four in the KSA (Hyatt Regency Riyadh Olaya, Hyatt Place Riyadh Sulaimania, Hyatt House Jeddah/Sari Street and Hyatt Place Jeddah/Medina Road) and two in the UAE (Grand Hyatt Abu Dhabi Hotel and Residences Emirates Pearl and Hyatt Place Dubai/Al Maktoum).
Grand Hyatt Abu Dhabi Hotel & Residences Emirates Pearl
Enjoying a prime location close to the centre of Abu Dhabi, the iconic 47-storey hotel is located on the Southwest end of the Coastal Boulevard in the Ras Al Akhdar district.. It is conveniently located close to upscale shopping malls and tourist attractions, and is only 30 minutes from Abu Dhabi International airport and less than two hours from Dubai’s international airport.
The contemporary “twisting” glass tower offers 368-rooms and 60 fully-furnished service apartments with four restaurants, a lounge, two bars, extensive meeting facilities and a sophisticated spa & fitness centre. The hotel has been designed by Dennis Lems Architects Associates, with interiors by MKV Design of London.
Hyatt Regency Riyadh Olaya
In the Kingdom’s capital, a Hyatt affiliate has entered into an agreement with Mohammed A. Al Swailem Co. for Commercial Investment for a Hyatt Regency hotel in Riyadh offering 260 guestrooms including 40 suites spread across 28 floors of gracefully modern architecture. Each room and suite offers rich textures, designer décor, fine furnishings, panoramic views of the vibrant city of Riyadh and natural daylight, which is equally suited to work or relaxation.
The hotel, slated to launch in 2016, will also feature a lobby lounge, two restaurants, a Regency Club lounge, Fitness Centre, more than 1,000 square metres of ballroom and event space, and a number of small meeting rooms.
Offering intriguing architecture and panoramic views, Hyatt Regency Riyadh Olaya is ideally situated downtown in Olaya Street, a prime location for both business and pleasure. From the hotel's location in the heart of the central business district, it is just a two-minute walk to Centria Mall, Olaya Towers and Tahlia Street, where business meets fashion and entertainment.
The global hospitality company, headquartered in Chicago, USA, also announced that it has opened 49 new hotels worldwide in 2015 alone; and the pace of openings is expected to increase further in 2016 as more than 60 hotels are expected to open this year.
Of the hotels planned to open this year, over one-half will be select service hotels which is a testament to the strength of the Hyatt Place and Hyatt House brands. Hyatt select service presence now spans across five continents, 12 countries and over 200 cities. The number of select service rooms in the system has nearly doubled since 2009, to more than 42,000 rooms, across 306 hotels as of the end of 2015. Included in this total are 241 Hyatt Place hotels, and 65 Extended Stay Hyatt House hotels.
Hyatt’s “select service” brand – Hyatt Place has seen remarkable success in Dubai with Hyatt Place Dubai/Al Rigga and Hyatt Place Dubai/Baniyas Square. “We firmly believe that with the current economic status there will be more call than ever for mid-market propositions, which is where we look to further enhance our Hyatt Place portfolio as well as continuing to expand our premium offerings in order to cater to the different needs of our loyal guests.” noted Daoud.
Hyatt is taking part at ATM in Dubai from 25th to 28th April 2016 at Dubai World Trade Centre and is located at stand HC0450 in Sheikh Saeed Arena Hall.
About Grand Hyatt
Around the world, Grand Hyatt hotels unlock the extraordinary in every moment by creating experiences beyond expectation. Located at the crossroads of local culture and global business within major gateway cities and resort destinations, each Grand Hyatt hotel is uniquely designed to reflect its own distinct environment and provides a hub for travelers and locals alike. Grand Hyatt hotels exemplify the pursuit of life lived grandly offering guests superior service, first-class accommodations and an abundance of options within a multicultural backdrop of dramatic architecture and innovative design. Grand Hyatt properties boast inventive restaurants, luxury spas, fitness centers, and business and meeting facilities. Grand Hyatt hotels stand to make every moment memorable through their commitment to #LivingGrand every day. For additional information or to make a reservation, please visit www.grandhyatt.com.
About Hyatt Regency
The Hyatt Regency brand prides itself on connecting travelers to who and what matters most to them. More than 160 conveniently located Hyatt Regency urban and resort locations in over 30 countries around the world serve as the go-to gathering space for every occasion – from efficient business meetings to memorable family vacations. The brand offers a one-stop experience that puts everything guests need right at their fingertips. Hyatt Regency hotels and resorts offer a full range of services and amenities, including notable culinary experiences; technology-enabled ways to collaborate; the space to work, engage or relax; and expert planners who can take care of every detail. For more information visit www.hyattregency.com.
About Hyatt Place
Hyatt Place, a brand of Hyatt Hotels Corporation, combines style, innovation and 24/7 convenience to create a seamless stay with modern comforts. There are more than 240 Hyatt Place locations in the United States, Armenia, Chile, China, Costa Rica, Honduras, India, Mexico, Morocco, Nicaragua, Panama, Puerto Rico, The Netherlands, and United Arab Emirates. To learn more about Hyatt Place hotels or to make a reservation, visit www.hyattplace.com or call 1-888-HYATT-HP (888-492-8847).
About Hyatt House
Hyatt House, a brand of Hyatt Hotels Corporation, launched in 2012 and offers more than 65 locations throughout the United States and Puerto Rico. Inspired by extensive research of guest experiences, Hyatt House hotels are designed to welcome residents rather than guests and offer services, amenities, upscale spaces and a casual, comfortable environment that reminds guests of home. To learn more about Hyatt House hotels or to book a reservation, visit www.hyatthouse.com or call 866-XS-HYATT (866-974-9288).
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Park Hyatt®, Grand Hyatt®, Andaz®, Hyatt Regency®, Hyatt Centric™, Hyatt®, Hyatt Place®, Hyatt House®, Hyatt Ziva™, Hyatt Zilara™, Hyatt Residence Club®, Hyatt Residences® and The Unbound Collection by Hyatt™ brand names and have locations on six continents. As of December 31, 2015, the Company's worldwide portfolio consisted of 638 properties in 52 countries. For more information, please visit www.hyatt.com.