The operator will launch two more luxury properties in the Gulf before the end of 2022
Hyatt plans to open an additional seven properties in the Middle East by the end of 2025 as the region continues to experience solid growth in the leisure and business travel sector.
Hyatt recently reported its Q2 2022 financial results, which reflected strength in the company’s Europe, Africa, Middle East and Southwest Asia segment with the Middle East experiencing a cross-border travel resurgence.
Leisure travel demand has fuelled the operator’s growth in the Middle East
Hyatt has opened two properties under its luxury portfolio in the UAE, Andaz Dubai The Palm and Hyatt Centric Jumeirah Dubai.
The operator also debuted its Grand Hyatt brand in Saudi Arabia and opened a second Alila resort in Oman, Alila Hinu Bay.
Elsewhere in the Gulf, Grand Hyatt Kuwait is set to open in the coming weeks and Hyatt will launch its Andaz brand in Qatar with the opening of Andaz Doha, slated for the fourth quarter of this year.
Hyatt anticipates rooms growth of more than 80% in Saudi Arabia by late 2025, with the expected additions of Park Hyatt Riyadh Diriyah Gate, Grand Hyatt The Red Sea and the highly anticipated debut of Miraval The Red Sea, which will mark the luxury wellness brand’s first resort outside of the US, further strengthening Hyatt’s portfolio.
This expansion in Saudi Arabia would be in addition to the current portfolio of six hotels, including Hyatt Regency Riyadh-Olaya, Hyatt Place Riyadh Al Sulaimania, and Hyatt House Jeddah Sari Street.
Hyatt International regional vice president development, Middle East & Africa, Ludwig Bouldoukian said: “This ambitious development portfolio showcases our aim to grow our brands with intent as well as our commitment to strategic investments across the Middle East.
"This market remains a key focus for Hyatt, and one where we continue to observe a growing demand. The diversity of Hyatt’s brands, united through the World of Hyatt loyalty programme, allows us to showcase unique experiences to a variety of travellers across the region.”
Currently, Hyatt’s portfolio in the Middle East comprises 28 hotels.
For more information, visit www.hyatt.com