Hyatt House Frankfurt/Eschborn will mark the second Hyatt House hotel
in Europe
CHICAGO--(BUSINESS WIRE)--
Hyatt
Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate
has entered into a franchise agreement with HR Group for a Hyatt House
hotel in Frankfurt, Germany. Expected to open in late 2019, the hotel
will be owned by benchmark. REAL Estate Development GmbH and will be
leased and managed by HR Group. Hyatt House Frankfurt/Eschborn will mark
the second Hyatt House and third select service hotel for Hyatt in
Germany, an important step towards increasing Hyatt’s portfolio
throughout the country.
The Hyatt
House brand is rooted in extensive consumer insights indicating that
guests seek stylish, comfortable, seamless experiences that accommodate
their lifestyles and familiar routines. To embody this, the brand offers
casual hospitality and purposeful service in a smartly designed,
high-tech and contemporary environment.
“We are delighted to announce plans for the second Hyatt House hotel in
Germany,” said Guido Fredrich, Hyatt’s regional vice president
acquisitions and development for Europe. “We continue to grow the Hyatt
House brand thoughtfully in key markets around the world, and we believe
Hyatt House Frankfurt/Eschborn will provide an exciting new hotel
experience for guests visiting Frankfurt, one of Germany’s most
important hotel markets.”
Rusan Husry, managing director of HR Group, added, “We strongly believe
in the further development potential of the hotel market in the greater
Frankfurt area. Entering into our first franchise agreement with Hyatt
displays a further milestone in the growth path of our group.”
The new Hyatt House hotel will be located in Frankfurt Eschborn, a
well-established business area on Frankfurt’s Ring Road, known to be the
city’s international financial and economic center. The hotel’s
immediate surrounding area is currently home to numerous high-profile
corporations. Eschborn benefits from a great infrastructure with easy
access to the main highways, convenient connections into Frankfurt city
center and Frankfurt airport. It also offers a range of local amenities
such as shopping facilities, restaurants, and recreation areas.
“The combination of the hotel’s extended stay offering and ideal
location will be very attractive for business travelers and we are
excited to introduce the Hyatt House brand to Frankfurt, Europe’s
financial hub,” said Götz U. Hufenbach, managing partner of benchmark.
REAL Estate Development GmbH. “We believe that Hyatt House
Frankfurt/Eschborn will cater to a growing extended stay market in
Germany and we look forward to welcoming guests and making them feel at
home.”
Hyatt House Frankfurt/Eschborn will offer:
-
190 rooms and apartment-style Kitchen Suites with fully
equipped kitchens, comfortable living rooms, spacious bedrooms, and
stylish bathrooms with complimentary skin and hair care amenities
-
Free Wi-Fi throughout the hotel and guestrooms
-
The Commons, a comfortable lounge with an open and welcoming
space for guests to relax, gather and socialize
-
24/7 H Market to meet the everyday needs of guests, from snacks
and sundries
-
A 24-hour Workout Room to keep fitness routines going
-
Borrows Menu with often-forgotten items from phone charges to
razors
-
A Very Important Resident (VIR) program, including
complimentary grocery shopping, and other personalized perks, for
guests with 30 plus consecutive nights
-
Additional services, including guest laundry and complimentary grocery
shopping available to extended stay guests
There are five Hyatt-branded hotels currently open in Germany, namely Park
Hyatt Hamburg, Grand
Hyatt Berlin, Hyatt
Regency Cologne, Hyatt
Regency Düsseldorf, and Hyatt
Regency Mainz. In addition to Hyatt House Frankfurt/Eschborn, there
are three Hyatt-branded hotels currently under development: Hyatt
House Düsseldorf/Andreas Quarter (expected to open in October 2017), Hyatt
Place Frankfurt Airport (expected to open in January 2018) and Andaz
Munich (expected to open in Q3 2018).
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 House
Hyatt House, a brand of Hyatt Hotels Corporation, launched in 2012 and
offers more than 75 locations throughout the United States, China and
Puerto Rico. Inspired by extensive research into guest experiences,
Hyatt House hotels offer services, amenities, upscale spaces and a
casual, comfortable environment that reminds guests of home. For more
information, please visit hyatthouse.com.
Join the conversation on Facebook,
and tag photos with #HyattHouse and #WhySettle.
About benchmark. REAL Estate Development GmbH
benchmark. REAL Estate Development GmbH designs, plans, realizes and
markets real estate projects in high-potential German regions. With a
focus on office, hotel and residential properties, the company offers
services along the entire real estate development value chain from its
offices in Frankfurt/Main and Duisburg. It autonomously develops
sustainable projects with a high standard of construction for turnkey
handover to institutional investors or family offices. Together, the
management team can boast more than 40 years of proven expertise in the
project development sector.
About HR Group
HR Group is one of the fastest growing hotel groups in Europe. As of
today the group operates more than 30 hotels in Germany, The Netherlands
and Spain. Most of the properties are owned. HR Group mainly cooperates
with leading franchise partners and plans to further expand on the basis
of acquisitions and lease contracts.
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
June 30, 2017 the Company's portfolio included 731 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 www.hyatt.com.
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recovery following economic downturns; levels of spending in business
and leisure segments as well as consumer confidence; declines in
occupancy and average daily rate; the financial condition of, and our
relationships with, third-party property owners, franchisees and
hospitality venture partners; the possible inability of third-party
owners, franchisees or development partners to access the capital
necessary to fund current operations or implement our plans for
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Source: Hyatt Hotels Corporation