04/28/2019 | Press release | Distributed by Public on 04/27/2019 23:16
Hyatt Plans to Double its Brand Footprint in the Kingdom of Saudi Arabia by 2023
Five new Hyatt hotels to open as part of commitment to better diversify the country's economy
CHICAGO (APRIL 28, 2019) - Hyatt Hotels Corporation (NYSE: H) announced today that it expects the number of Hyatt hotels in Saudi Arabia to double, with five additional Hyatt branded hotels to open by 2023, adding approximately 1,300 rooms to the region. The expansion includes the anticipated opening of Grand Hyatt Al Khobar, marking the first Grand Hyatt branded hotel in the Kingdom, set to open in late 2019. The expected opening of Jabal Omar Hyatt Centric Makkah Hotel and Residences will mark the entry of the Hyatt Centric brand into the country. Additionally Hyatt Regency Jeddah Serafi Mall is slated for a 2021 opening and a dual-branded Hyatt Place and Hyatt House Riyadh/KAFD is slated for 2022.
'The Kingdom of Saudi Arabia is one of the fastest growing religious tourism markets in the world and one of Hyatt's primary focus areas within the Middle East,' said Ludwig Bouldoukian, regional vice president of development, Middle East and North Africa for Hyatt. 'Saudi Arabia continues to make significant strides in boosting tourism and infrastructure in a bid to diversify the economy. The ambitious expansion of Hyatt brands cement Hyatt's brand presence, both amongst Gulf residents and the increasing number of international travelers visiting Saudi Arabia.'
Grand Hyatt Al Khobar Arabic Restaurant
Grand Hyatt Al Khobar Spa Pool
Grand Hyatt Al Khobar Residence Meeting Suite
Hyatt's growth strategy is aligned with Saudi Arabia's 'Vision 2030,' which focuses on increasing tourism and the Kingdom's economy. The anticipated new properties reinforce Hyatt's ongoing commitment to developing its brand pipeline, with the current portfolio consisting of Park Hyatt Jeddah, Jabal Omar Hyatt Regency Makkah, Hyatt Regency Riyadh Olaya, Hyatt Place Riyadh Al Sulaimania and Hyatt House Jeddah Sari Street.
'Hyatt has established a strong brand reputation in Saudi Arabia and the wider Middle East by consistently delivering premium service,' said Kurt Straub, vice president of operations, Middle East, Africa and South West Asia for Hyatt. 'By identifying the needs of local and international high-end travelers, we will continue this journey of excellence by offering memorable experiences, complemented by impeccable service standards.'
Hyatt's growth in Saudi Arabia includes plans for the following hotel openings:
The first of its kind in Saudi Arabia, Grand Hyatt Al Khobar, slated to open in late 2019, will be situated within Al Rashid Mall in Saudi Arabia's Eastern Province. Al Khobar is one of the largest cities in the Gulf Cooperation Council (GCC) and, together with Dammam and Dhahran, form the 'Triplet Cities,' Saudi Arabia's key economic and tourism hubs. Here, the Grand Hyatt brand will inspire guests to celebrate their life's ambitions through its captivating appeal and welcoming service that creates moments of more.
Hyatt Regency Jeddah Serafi Mall, slated to open in fall 2021, is located in Jeddah's Al Aziziyah neighborhood. The 19-story hotel will be well-equipped with more than 500 guestrooms and residences, a lobby lounge designed for productivity, two diverse dining options, a signature ballroom equipped with facilities synonymous with the Hyatt Regency brand, and wellness and fitness facilities. Attached to one of the largest retail malls in Jeddah, Serafi Mega Mall, the hotel will serve as a seamless venue for both leisure and business travelers.
Hyatt Place and Hyatt House
With the planned opening of dual-branded Hyatt Place and Hyatt House hotels in Riyadh, slated to open in fall 2022, the number of Hyatt Place and Hyatt House properties in Saudi Arabia will rise to four, adding to the recently opened Hyatt Place Riyadh Al Sulaimania and Hyatt House Jeddah Sari Street. As a dual-branded location, the hotels will facilitate the needs of high energy individuals looking to balance business with leisure, while the Hyatt House hotel will appeal to long-term residents, with its apartment style living, promoting continuity of work and lifestyle.
Jabal Omar Hyatt Centric Makkah Hotel and Residences, slated to open in late 2023, will mark the first hotel under the Hyatt Centric brand in Saudi Arabia and the third in the Middle East. The hotel will feature 196 guestrooms and suites, while the residences will include 200 branded units that will be available to the public. Both the hotel and residences will offer modern design collaborations with influential brands and local artists that are synonymous with the Hyatt Centric brand, known to connect guests to the heart of the action so they never miss a moment of adventure.
Hyatt-branded hotels currently open across the Middle East:
The Kingdom of Saudi Arabia
United Arab Emirates
The State of Kuwait
The Hashemite Kingdom of Jordan
Sultante of Oman
The State of Qatar
For more information about Hyatt hotels, please visit www.hyatt.com
The term 'Hyatt' is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.