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You are here: Home / INDUSTRY NEWS / Hyatt seals Saudi Arabia triplet
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Hyatt seals Saudi Arabia triplet

17/02/2023

The hotel trio will debut under the Grand Hyatt, Hyatt Regency and Hyatt Place brands and will add a combined 1,729 keys to the portfolio when they open in 2026.
Mixed-use milestone
Grand Hyatt Madinah, Hyatt Regency Madinah and Hyatt Place Madinah will be part of the Rua Al Madinah project and are set to be the first Hyatt-branded hotels in Madinah, a city that aims to attract 30 million tourists by 2030.
The Rua Al Madinah mixed-use project is a major initiative of the Public Investment Fund to achieve the Kingdom of Saudi Arabia’s Vision 2030, which aims to accommodate the rising demand in tourism. Set within an urban environment, the project will aim to develop integrated systems for hotels, commercial projects and urban centres that highlight the religious and cultural characteristics of Al Madinah Al Munawwarah.
Trio outline
Hyatt Place Madinah will feature 860 guestrooms, a large dining restaurant, event space and a fitness centre. It will provide self-reliant travellers with a casual and stylish environment for all types of stay occasions.
Hyatt Regency Madinah will have 539 keys, multiple dining venues, a lobby lounge and a Regency Club. The guestroom interior will be designed for tranquillity and productivity and will incorporate inspirational design elements from Madinah’s culture.
Grand Hyatt Madinah will be positioned as a destination within a destination, with 330 luxurious guestrooms, premium dining experiences, and a double-height lobby with modern interiors that will reflect the Grand Hyatt brand’s vibrant design and bold architecture themes.
Pivotal role
Javier Águila, group president, Europe, Middle East and Africa at Hyatt, commented: “The Kingdom of Saudi Arabia continues to play a pivotal role in Hyatt’s growth strategy in the Middle East and we are excited to work with Rua Al Madinah Holding Company on the plans for these fantastic properties in Madinah. We are enthusiastic about Saudi Arabia’s vision and strategy for the country, and glad to see how tourism continues to grow year over year. We are honoured to be part of this growth and these new properties signal Hyatt’s commitment to thoughtful brand growth in desirable destinations and further reinforces Hyatt’s position as a hospitality leader in the region.”
Ludwig Bouldoukian, regional vice president, development, Middle East and Africa, Hyatt. said: “We are delighted to collaborate with Rua Al Madinah Holding Company to bring three of Hyatt’s world-class brands to Madinah. The Rua Al Madinah development is a significant project that is set to further amplify the Kingdom’s cultural capital and we look forward to showcasing Hyatt’s diverse portfolio that will meet the needs of global travellers.”
Positive impact
Eng. Ahmed Al Juhani, CEO, Rua Al Madinah Holding, noted: “The development of these three hotels as part of the Rua Al Madinah masterplan marks an exciting milestone of the entry of Hyatt’s renowned brand portfolio into the city of Madinah. We are excited to bring Hyatt’s exceptional standards of hospitality to Madinah and are confident of the positive impact this project will bring to the city’s tourism industry as we progress its development.”
Ahmed Bin Madhi, CIO, Rua Al Madinah Holding, added: “The addition of Grand Hyatt, Hyatt Regency, and Hyatt Place hotels to Rua Al Madinah’s hospitality offerings is a major milestone for our company. We are excited to work with Hyatt and offer our guests world-class amenities and experiences in one of the world’s most historically and culturally significant cities. This collaboration is a testament to our commitment to elevating the travel experience in Madinah and we look forward to welcoming guests to these new properties soon.”
Saudi pipeline
The three properties join Hyatt’s Saudi Arabian pipeline, which is set to solidify Hyatt’s portfolio and diverse brand presence across key destinations in the country, including Madinah. Upcoming additions include Hyatt Place Diriyah Gate, adding 150 keys to the Diriyah Gate Development in 2027; Grand Hyatt Makkah, delivering a mammoth 756 rooms in Q1 2025; and Hyatt Regency Jeddah Serafi Mall, a 19-storey property comprising 500 keys, expected to complete by the end of this year.
Hyatt’s current portfolio in Saudi Arabia consists of six properties across five brands: Park Hyatt Jeddah – Marina, Club and Spa, Grand Hyatt Al Khobar Hotel and Residences, Hyatt Regency Riyadh Olaya, Jabal Omar Hyatt Regency Makkah, Hyatt Place Riyadh Al Sulaimania and Hyatt House Jeddah Sari Street.
Source: tophotel.news

Filed Under: INDUSTRY NEWS Tagged With: Source-5

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