Hyatt Regency Riyadh Olaya's success could mean more Hyatt KSA openings

The success of the opening year of Hyatt Regency Riyadh Olaya, the first Hyatt Regency hotel to open in Riyadh can pave the way for more Hyatt hotel openings in the Kingdom in future, Hyatt Hotels & Resorts group president, Europe, Africa and Middle East, Peter Fulton has indicated in a press statement.

Opened in January 2017 and developed by Mohammed A. Al-Swailem Co. for Commercial Investment, Hyatt Regency Riyadh Olaya is the third Hyatt-branded hotel to open in the KSA, joining Park Hyatt Jeddah Marina and Spa and Hyatt Regency Makkah Jabal Omar.

Located in Olaya, a growing financial district in Riyadh, the 261-room hotel is in close proximity to the King Abdullah Financial District (KAFD) and the Riyadh International Convention & Exhibition Centre, and is a less than 40-minute drive to King Khalid International Airport.

"The globally recognised Hyatt Regency brand has so far resonated with business and leisure travellers visiting Riyadh,” said Fulton.

"Occupancy levels are optimal and forecasts for the last quarter of 2017 are encouraging; this can only mean a positive future for the Hyatt brand in the region," he added.