Hyatt Hotels Corporation (NYSE: H) and Wasl Hospitality, a subsidiary of Wasl Asset Management, announced Monday the opening of Hyatt Place Dubai / Al Rigga.
It is the first Hyatt Place hotel in the Middle East and the fourth Hyatt-branded hotel in Dubai.
The opening of the 210-room hotel marks a significant milestone for the Hyatt Place brand as it continues to expand outside the United States.
Hyatt Place hotels have recently opened in Puerto Rico, Costa Rica, India, Mexico, Armenia, and The Netherlands, as well as throughout the United States.
Located in the culturally rich and bustling Al Muraqabat neighborhood in the dynamic district of Deira, Hyatt Place Dubai / Al Rigga aims to provide a refreshing choice for business and leisure travelers visiting Dubai.
The hotel is in close proximity to the city’s historic attractions including dhow boat cruises, bustling souqs and museums and the fashionable downtown district with world-class dining, shops and galleries.
Hyatt Place Dubai / Al Rigga is part of a mixed use development established by Wasl properties, making it the latest addition to Wasl’s portfolio of hotels.
The project is in line with the United Arab Emirates’ new government policies to develop mid-range hotels in an effort to diversify Dubai’s hospitality and tourism offering.