Hyatt Hotels Corporation (NYSE: H) announced Thursday that a Hyatt affiliate has entered into an agreement with Mohammed A. Al Swailem Co. for Commercial Investment for a Hyatt Regency hotel in the Kingdom of Saudi Arabia.
Hyatt Regency Riyadh marks the seventh Hyatt-branded hotel under development in Saudi Arabia, and the second Hyatt-branded hotel under development in Riyadh; the previously announced Park Hyatt Riyadh is expected to open in 2015.
There is currently one Hyatt-branded hotel in Saudi Arabia, Park Hyatt Jeddah – Marina, Club and Spa, which opened in 2009.
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Expected to open in the third quarter of 2013, Hyatt Regency Riyadh will offer 257 guestrooms, including 37 suites, which will range in size from 322 sq ft (30 sq m) to 2,475 sq ft (230 sq m).
The hotel will also offer a lobby lounge, two restaurants, a Regency Club lounge, more than 5,900 sq ft (550 sq m) of ballroom and event space, and a number of small meeting rooms.
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Additional hotel amenities include a male spa with six treatment rooms, a 2,300 sq ft (220 sq m) male and female fitness center, and pool. The hotel is designed by Erga and ONG&ONG is designing the hotel’s interiors.
In addition to 149 Hyatt Regency hotels open worldwide as of December 31, 2011, more than 30 previously announced Hyatt Regency hotels are under development around the world in China, India, Latin America, Mongolia, Russia, Switzerland, and the Middle East.