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Hyatt reveals plans for growth at ATM


Jacqueline Daly, April 16th, 2013

Global hotelier Hyatt will unveil new additions to its burgeoning portfolio in Saudi Arabia and France at Dubai’s upcoming Arabian Travel Market (ATM) exhibition.


Indentified as “two critically-strategic markets” for the US-headquartered company, Hyatt will launch two new Saudi Arabian properties by the end of 2013 plus four newly-branded hotels will open their doors in France by late April 2013 more than doubling its Hyatt locations in the country and adding some 1,700 rooms to its existing French portfolio.


Its new Saudi properties – the 257-room, 37-suite Hyatt Regency Riyadh Olaya and the 628-guestroom Hyatt Regency Mecca – will strengthen Hyatt’s presence in the region. It has been operating in the luxury market in the locale for 23 years.
Its newly-converted hotels in France comprise Grand Hyatt Cannes Hotel Martinez (previously Hotel Martinez), the Hyatt Regency Nice Palais de la Mediterranée (formerly Palais de la Mediterranée Hotel and Casino), the Hyatt Regency Paris Etoile (previously Concorde Lafayette) and claimed to be the largest conference venue in Europe plus Paris-based Hotel du Louvre will become an Andaz-branded property following a three-year renovation project.


The newcomers will augment the Hyatt’s worldwide portfolio which as of 31 December 2012 stood at 500 properties in 46 countries.


Dubai’s ATM exhibition takes place from 6 to 9 May 2013, Sheikh Saeed Arena Hall, at Dubai International Convention and Exhibition Centre (DICEC).