New property marks the entry of Hyatt’s select
service brand, Hyatt Place, into the Kingdom of Saudi Arabia
Hyatt Hotels Corporation (NYSE: H) announced today the opening
of Hyatt Place Riyadh Al Sulaimania, marking the introduction of
the Hyatt Place brand to the Kingdom of Saudi Arabia. Developed by
Saudi Marhaba Hospitality & Tourism Company, Hyatt Place Riyadh
Al Sulaimania joins Hyatt Regency Riyadh Olaya, Park Hyatt Jeddah
and Jabal Omar Hyatt Regency Makkah, further strengthening Hyatt’s
portfolio of brands in Saudi Arabia and overall brand footprint in
the Middle East. Later this year, Hyatt House Jeddah Sari Street is
expected to open, marking the introduction of Hyatt’s extended stay
brand, Hyatt House, to the Kingdom of Saudi Arabia.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20181202005073/en/
Photo Credit: Hyatt Place Riyadh Al
Sulaimania (Photo: Business Wire)
The Hyatt Place brand is rooted in the provision of stylish,
comfortable and seamless experiences for guests, accommodating
lifestyles and familiar routines with a promise of purposeful
service and an uncomplicated stay. Centrally located in the upscale
metropolitan neighbourhood of Riyadh, the capital city of Saudi
Arabia, Hyatt Place Riyadh Al Sulaimania provides the perfect
location for casual leisure and business travellers and is close to
many local attractions, including Thalya Street and Olaya business
district.
“We are excited to introduce our select services portfolio to
the Kingdom of Saudi Arabia with the opening of the first Hyatt
Place hotel,” said General Manager Adnan Haider. “This hotel
strengthens Hyatt’s position in the region as a brand leader and
showcases a different type of guest and hotel experience, one
centred around casual hospitality and purposeful service in a
smartly-designed environment. We are confident that both business
and leisure travellers will enjoy the modern design, easy
accessibility and pioneering service concepts offered at Hyatt
Place Riyadh Al Sulaimania.”
Hyatt Place Riyadh Al Sulaimania offers:
- 88 spacious guestrooms,
including 10 suites, fit with a Cozy Corner and sofa sleeper, as
well as luxury bath amenities from KenetMD and high-tech amenities
such as 49-inch flat swiveling screen smart IPTV to keep guests
charged and connected at all times
- Free WiFi and remote printing
available throughout the hotel
- Gallery Kitchen Breakfast
serving up freshly prepared breakfast items
- 24/7 Gallery Menu & Market
offering perfectly packed grab-and-go items, ranging from freshly
prepared snacks and sandwiches to pastries and sweets
- Coffee to Beverages Bar serving
a range of beverages at all times
- Meetings Spaces offer more than
2,600 square feet (242 square meters) across three
meeting rooms and pre-function areas, each featuring
state-of-the-art audio-visual equipment, built-in LCD projectors
and screens and 70-inch TVs
- 24-hour Gym with cardio
equipment and free ear buds
- Outdoor, rooftop swimming pool,
jacuzzi and terrace
- Free underground parking is
available
For more information about the hotel, please visit
riyadhsulaimania.place.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.
About Hyatt Place
Hyatt Place hotels combine style, innovation and 24/7
convenience to create a seamless stay with modern comforts. There
are more than 320 Hyatt Place locations in Armenia, Australia,
Brazil, Canada, Chile, China, Costa Rica, Germany, Honduras, India,
Mexico, Morocco, Nicaragua, Panama, Puerto Rico, Thailand, The
Netherlands, United Arab Emirates, United Kingdom, and the United
States. For more information, please visit hyattplace.com. Join the
conversation on Facebook and Instagram, and tag photos with
#HyattPlace and #WhySettle.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a
leading global hospitality company with a portfolio of 14 premier
brands. As of September 30, 2018, the Company's portfolio included
more than 750 properties in more than 55 countries across six
continents. The Company's purpose to care for people so they can be
their best informs its business decisions and growth strategy and
is intended to attract and retain top colleagues, build
relationships with guests and create value for shareholders. The
Company's subsidiaries develop, own, operate, manage, franchise,
license or provide services to hotels, resorts, branded residences,
vacation ownership properties, and fitness and spa locations,
including under the Park Hyatt®, Miraval®, Grand Hyatt®,
Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®, The Unbound
Collection by Hyatt®, Hyatt Place®, Hyatt
House®, Hyatt Ziva™, Hyatt Zilara™, Hyatt
Residence Club® and Exhale® brand names.
For more information, please visit www.hyatt.com.
FORWARD-LOOKING STATEMENTS
Forward-Looking Statements in this press release, which are not
historical facts, are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Our actual
results, performance or achievements may differ materially from
those expressed or implied by these forward-looking statements. In
some cases, you can identify forward-looking statements by the use
of words such as “may,” “could,” “expect,” “intend,” “plan,”
“seek,” “anticipate,” “believe,” “estimate,” “predict,”
“potential,” “continue,” “likely,” “will,” “would” and variations
of these terms and similar expressions, or the negative of these
terms or similar expressions. Such forward-looking statements are
necessarily based upon estimates and assumptions that, while
considered reasonable by us and our management, are inherently
uncertain. Factors that may cause our actual results, performance
or achievements to differ materially from current expectations
include, among others, the rate and pace of economic recovery
following economic downturns; levels of spending in business and
leisure segments as well as consumer confidence; declines in
occupancy and average daily rate; the financial condition of,
and our relationships with, third-party property owners,
franchisees and hospitality venture partners; the possible
inability of third-party owners, franchisees or development
partners to access the capital necessary to fund current operations
or implement our plans for growth; risks associated with
potential acquisitions and dispositions and the introduction of new
brand concepts; failure to successfully complete proposed
transactions (including the failure to satisfy closing conditions
or obtain required approvals); changes in the competitive
environment in our industry, including as a result of industry
consolidation, and the markets where we operate; general volatility
of the capital markets and our ability to access such markets; and
other risks discussed in the Company's filings with the U.S.
Securities and Exchange Commission, including our Annual Report on
Form 10-K, which filings are available from the U.S. Securities and
Exchange Commission. These factors are not necessarily all of
the important factors that could cause our actual results,
performance or achievements to differ materially from those
expressed in or implied by any of our forward-looking statements.
We caution you not to place undue reliance on any forward-looking
statements, which are made only as of the date of this press
release. We undertake no obligation to update publicly any of these
forward-looking statements to reflect actual results, new
information or future events, changes in assumptions or changes in
other factors affecting forward-looking statements, except to the
extent required by applicable law. If we update one or more
forward-looking statements, no inference should be drawn that we
will make additional updates with respect to those or other
forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181202005073/en/
MEDIA CONTACTS:Siân RylanderHyatt+1 312 780
5797sian.rylander@hyatt.com
Noha BelhajHyatt – Middle East and North Africa+971 56 818 50
26noha.belhaj@hyatt.com
Hyatt Hotels (NYSE:H)
Historical Stock Chart
From Apr 2024 to May 2024
Hyatt Hotels (NYSE:H)
Historical Stock Chart
From May 2023 to May 2024