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Hyatt Signs Three New Hotels in Saudi Arabia

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A Hyatt affiliate has entered into agreements with Naseel Holding Company to manage three new Hyatt-branded hotels in the Kingdom of Saudi Arabia.

With the addition of these three new hotel agreements, there are six Hyatt-branded hotels under development in Saudi Arabia across five of Hyatts brands. Currently, there is one Hyatt-branded hotel in Saudi Arabia - Park Hyatt Jeddah Marina, Club and Spa, which opened in 2009.

Expanding the number of Hyatt-branded hotels in the Kingdom of Saudi Arabia will be a significant step towards our goal of being the preferred brand for global travelers, said Peter Norman, Senior Vice President - Acquisitions and Development for Hyatt International Europe, Africa, and Middle East, and we are very pleased to be working with Naseel Holding Company to manage these outstanding new properties.

Park Hyatt Riyadh, currently slated to open in the fourth quarter of 2015, will be a stand alone building located on King Fahd Road in the Olaya District in the city of Riyadh, situated near the Kingdom Center and the Al Faisaliya Tower. The 275-room hotel, designed by Skidmore, Owings & Merrill LLP (SOM), will have 50 suites, as well as three restaurants, a lounge, 1,450 square meters of meeting and event space, including a 1,000 square meter ballroom, and a spa and fitness center.

Grand Hyatt Jeddah, designed by Skidmore, Owings & Merrill LLP (SOM), with 400-rooms, including 48 suites, will be located in the center of the city of Jeddah, on the corner of Corniche Road and Al Amir Naif Street with views of the Red Sea. The hotel, which is expected to open in early 2016, will feature three restaurants, a lobby lounge, and a Grand Club Lounge. In addition, the hotel will have 5,700 square meters of meeting and event space, including grand and junior ballrooms. The hotel will also have a spa and fitness center.

Hyatt Regency Jeddah, with 240-rooms, including 30 suites, will be located on Tahliyah Street in the center of Jeddah, near Tahliyah Square and close to Malek Road and North Corniche Road. The hotel, which is expected to open in the second half of 2015, will feature three restaurants, a lobby lounge, and a Regency Club lounge. In addition, the hotel will have 1,700 square meters of meeting and event space, including a ballroom and boardroom, as well as a spa and fitness center.

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