Hyatt will add 15 hotels to the Middle East in the next five years. Four will be in Dubai, with the already existing Hyatt Regency, Grand Hyatt and Park Hyatt and three in Abu Dhabi to be complete by the final quarter of next year.
Brands newly introduced to the region will include Summerfield suites to launch in the next three years and Hyatt Place, a slightly below five-star level hotel. Hyatt is also set to expand into South America, Europe and Asia.
Peter Fulton, managing director of Hyatt International – South West Asia told Emirates Business: "The Middle East market is a growing and strengthening market. More and more tourists are coming to this region, so we decided to expand and create more hotels here."
Speaking at an Arabian Travel Market press conference Fulton said: "Hyatt will increase the number of properties under its management in the next five years. We envision South West Asia region, which includes the Middle East and India, to be the fastest growing in our portfolio, with several key properties opening this year in the Gulf.
Hyatt currently operates eight properties in the Middle East.