Hyatt Regency Algiers Airport expected to open in 2018

CHICAGO--(BUSINESS WIRE)-- Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Société d'Investissement Hôtelière EPE SPA for a Hyatt Regency hotel to be located at Houari Boumediene Airport in Algiers, Algeria. The hotel, expected to open late 2018, will mark the first Hyatt-branded hotel in Algeria. Hyatt Regency Algiers Airport will add to Hyatt’s growing brand presence in Africa, following the successful openings of Hyatt Place Taghazout Bay in Morocco and Park Hyatt Zanzibar in Tanzania in 2015, which brought the total number of Hyatt-branded hotels in Africa to six.

“This is a landmark moment for Hyatt – Hyatt Regency Algiers Airport will be the first Hyatt-branded hotel in Algeria and further demonstrates the company’s commitment to growing its brand footprint in Algeria and throughout Africa,” said Peter Norman, senior vice president, acquisitions and development – Europe, Africa, and Middle East for Hyatt. “The region is home to some of the world’s fastest growing economies, with enticing prospects for both business and leisure travel.”

Hyatt Regency Algiers Airport will be part of a wider airport expansion in one of North Africa’s largest cities. The 326-room hotel will be situated directly opposite the airport’s new terminal and will be the only terminal-linked hotel.

Ideally located at the entry to the airport, Hyatt Regency Algiers Airport will offer guests a one-stop experience, designed with everything under one roof. The hotel will provide dedicated airline lounges, a Regency Club lounge, a rooftop swimming pool and a large lobby with an all-day dining restaurant, which will serve as a central gathering point at the hotel for business travellers, conference hosts and leisure travellers alike. Additionally, the hotel will offer a variety of lounge and seating areas to provide guests with the spaces they need, whether for work or relaxation, and more than 4,950 square feet (460 square meters) of meeting and event space.

“We are delighted to be working on our first project with Hyatt and to introduce the Hyatt Regency brand to Algeria,” said Hamid Melzi, président directeur general, Société d'Investissement Hôtelière EPA SPA. “With the hotel’s prominent location at Houari Boumediene Airport, we believe the globally recognized Hyatt Regency brand will resonate with the growing base of business and leisure travelers visiting the city.”

For more information, please visit hyattregency.com.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Regency

The Hyatt Regency brand prides itself on connecting travelers to who and what matters most to them. More than 175 conveniently located Hyatt Regency urban and resort locations in over 30 countries around the world serve as the go-to gathering space for every occasion – from efficient business meetings to memorable family vacations. The brand offers a one-stop experience that puts everything guests need right at their fingertips. Hyatt Regency hotels and resorts offer a full range of services and amenities, including the space to work, engage or relax; notable culinary experiences; technology-enabled ways to collaborate; and expert event planners who can take care of every detail. For more information, please visit hyattregency.com. Follow @HyattRegency on Facebook, Twitter and Instagram, and tag photos with #AtHyattRegency.

About Société d'Investissement Hôtelière EPE SPA

Société d'Investissement Hôtelière EPE SPA is a company whose shareholders are amongst the most important financial and industrial institutions in Algeria. Since its creation in 1997, the company has developed numerous internationally branded hotels throughout the country. The company’s track record further includes the “Centre International Des Conférences,” the “Ecole Supérieure d'Hôtellerie et de Restauration” in collaboration with Lausanne Hotel School, and several residential projects.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 13 premier brands. As of December 31, 2016, the Company's portfolio included 698 properties in 56 countries. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry. The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Park Hyatt®, Miraval®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®, The Unbound Collection by Hyatt™, Hyatt Place®, Hyatt House®, Hyatt Ziva™, Hyatt Zilara™ and Hyatt Residence Club® brand names and have locations on six continents. For more information, please visit hyatt.com.

FORWARD-LOOKING STATEMENTS

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Source: Hyatt Hotels Corporation