Middle East<\/a> and Africa reported growth across key metrics, RevPAR (+4.9%), ADR (+3.0%), and occupancy (+1.2pts).<\/p>\n\n\n\n\u201cSince 2017, we have strategically expanded our global portfolio by nearly 90% to over 1,350 properties. It is inspiring to see the EAME region continue to thoughtfully add hotels in markets that matter most to our guests, World of Hyatt members, customers, owners, and investors,\u201d said Mark Hoplamazian, President and Chief Executive Officer, Hyatt. \u201cOur accelerated expansion is a testament to Hyatt\u2019s strength in luxury, lifestyle, and all-inclusive hospitality. As we continue to deliver on our promise of intentional growth, we are confident in the continued bright future ahead across the EAME region.\u201d<\/p>\n\n\n\n
Hyatt\u2019s pipeline in EAME includes projects in new Middle Eastern destinations such as AlUla and Magna, NEOM\u2019s coastal destination, in Saudi Arabia, as well as projects set to debut in new European and African markets like Estonia, Iceland, Romania, Cape Verde, and Mauritius. Previously revealed luxury and lifestyle properties such as Park Hyatt Johannesburg, Andaz Doha, and Miraval The Red Sea are all part of Hyatt\u2019s plans to add 50 new hotels in these segments globally by 2026.<\/p>\n\n\n\n
As of September 30, 2024, Hyatt\u2019s portfolio in Europe, Africa, and the Middle East spans over 200 properties and 45,000+ rooms across 40+ countries, having tripled its portfolio in the past ten years across the Middle East region.<\/p>\n\n\n\n
The Kingdom of Saudi Arabia<\/strong>: Hyatt Place AlUla recently announced and set for 2025 opening<\/strong><\/p>\n\n\n\nIn key growth markets like the Kingdom of Saudi Arabia, Hyatt is set to triple its number of hotel rooms across the country by 2030, and by the end of 2026, expects to have opened three new properties, including Hyatt Place AlUla, Grand Hyatt The Red Sea, and Miraval The Red Sea, which will mark the wellness brand\u2019s highly awaited first international debut outside the U.S.<\/p>\n\n\n\n
Hyatt recently announced it has entered into a management agreement with the Royal Commission for AlUla (RCU) for the first Hyatt-branded hotel in AlUla, expected to open by end of 2025. Hyatt Place AlUla will add a total of 215 keys to the Hyatt room portfolio in Saudi Arabia and provide a new destination of choice for World of Hyatt members and guests visiting the region.<\/p>\n\n\n\n
For more information, please visit hyatt.com.<\/p>\n ","protected":false},"excerpt":{"rendered":"
Hyatt announced that the company\u2019s current pipeline across Europe, Africa, and the Middle East (EAME) is set to expand its brand presence in 13 new markets where there are no Hyatt hotels currently between 2025 and 2028. These significant expansion plans follow a strong year for Hyatt in the EAME region. According to Hyatt\u2019s Q3 2024 […]<\/p>\n","protected":false},"author":1,"featured_media":8710,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-8709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/posts\/8709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/comments?post=8709"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/posts\/8709\/revisions"}],"predecessor-version":[{"id":8711,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/posts\/8709\/revisions\/8711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/media\/8710"}],"wp:attachment":[{"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/media?parent=8709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/categories?post=8709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastdirectory.com\/blog\/wp-json\/wp\/v2\/tags?post=8709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}