180-Room Hotel Expands the Presence of the Hyatt Brand into East
Africa
CHICAGO, Aug 12, 2011 (BUSINESS WIRE) --
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt
affiliate has entered into an agreement with ASB Tanzania Ltd., a
wholly-owned subsidiary of Albwardly Investments, to manage Hyatt
Regency Dar Es Salaam, The Kilimanjaro in Tanzania. The city
center hotel commenced operating as Hyatt Regency Dar Es Salaam, The
Kilimanjaro on August 1, 2011.
Located in East Africa, just south of the equator along the Indian
Ocean, Hyatt Regency Dar Es Salaam, The Kilimanjaro features 180
rooms, including 18 suites, 2 restaurants and 3 bars, more than 900
square meters of meeting and event space, including a 400 meter ballroom
and 9 banquet rooms, along with a spa, outdoor infinity pool and fitness
center.
"The introduction of Hyatt Regency Dar Es Salaam, The Kilimanjaro
expands the presence of the Hyatt brand to a key gateway city for
Eastern Africa," said Peter Norman, senior vice president, real estate
and development for Hyatt Hotels & Resorts for Europe, Africa, and
Middle East. Hyatt Regency Dar Es Salaam, The Kilimanjaro joins
the existing Hyatt-branded hotels on the African continent: Hyatt
Regency Casablanca in Morocco, Hyatt
Regency Oubaai Golf Resort & Spa and Hyatt Regency Johannesburg,
both in South Africa and Hyatt Regency Sharm El Sheikh Resort and Hyatt
Regency Taba Heights, both in Egypt.
"We are extremely pleased to have the world-renowned Hyatt brand on our
landmark Kilimanjaro property in the Tanzanian capital. They share our
vision for the future which is to achieve even higher standards within
the hospitality industry," said owner Ali Albwardy, the Chairman of ASB
Tanzania Ltd.
Hyatt Regency Dar Es Salaam, The Kilimanjaro is located on
Kivukoni Street in the heart of the city, the largest in Tanzania, and
has panoramic views of both the city and harbor, which is home to the
country's largest seaport. Originally built by the Tanzanian government
in 1965, the hotel was purchased by its current owner in 2002 and
underwent a $55 million dollar renovation, officially re-opening in
2005, since which time the hotel had been operating as The Kilimanjaro
Hotel Kempinski.
"We are very happy to welcome Hyatt Regency Dar Es Salaam, The
Kilimanjaro to the family of Hyatt-branded properties," said Gebhard
Rainer, managing director, Hyatt Hotels & Resorts - Europe, Africa, and
Middle East. "The hotel's terrific location and facilities should appeal
to business and leisure travelers alike." Popular sites for travelers in
Tanzania to visit include Mount Kilimanjaro, Serengeti National Park,
Ngorongoro Crater, and Ol DOnyo Lengai volcano.
There are currently more than 140 Hyatt Regency hotels around the world,
with more than 25 additional under development. Hyatt Regency hotels are
conveniently located in urban, suburban, airport, convention and resort
destinations around the world. Property range in size up to 2,000 rooms
and feature intimate and large meeting spaces, as well as a full range
of services and dining options tailored to serve the needs of
conventions, business travelers and resort vacationers.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading
global hospitality company with a proud heritage of making guests feel
more than welcome. Thousands of members of the Hyatt family strive to
make a difference in the lives of the guests they encounter every day by
providing authentic hospitality. The Company's subsidiaries manage,
franchise, own and develop hotels and resorts under the Hyatt(R),
Park Hyatt(R), Andaz(R), Grand Hyatt(R), Hyatt Regency(R), Hyatt Place(R)and Hyatt Summerfield Suites(R)brand names and
have locations on six continents. Hyatt Residential Group, Inc.,
a Hyatt Hotels Corporation subsidiary, develops, operates,
markets or licenses Hyatt ResidencesTM and
Hyatt Vacation Club(R),which is changing its name to Hyatt
Residence ClubTM. As of June 30, 2011,
the Company's worldwide portfolio consisted of 456 properties in 44
countries. For more information, please visit www.hyatt.com.
Forward-Looking Statements
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"forward-looking" statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements include
statements about our plans, strategies, financial performance, prospects
or future events and involve known and unknown risks that are difficult
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that may cause actual results to differ materially from current
expectations include, among others, the rate and pace of economic
recovery following the recent economic downturn; levels of spending in
business and leisure segments as well as consumer confidence; declines
in occupancy and average daily rate; hostilities, including future
terrorist attacks, or fear of hostilities that affect travel;
travel-related accidents; changes in the tastes and preferences of our
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SOURCE: Hyatt Hotels Corporation
Hyatt Hotels Corporation
Laurie Cole, (312) 780-5935
laurie.cole@hyatt.com
or
Hyatt Hotels & Resorts, Europe, Africa, Middle East
Malene Rydahl, 33 1.53.45.28.38
malene.rydahl@hyatt.com