Expansion plans include the introduction of the Hyatt Centric brand to the Middle East and the return of a Hyatt-branded hotel to Kuwait
Hyatt Hotels Corporation (NYSE: H) announced plans to expand Hyatt’s brand footprint in the Middle East and Gulf Cooperation Council (GCC) with the signing of management agreements by a Hyatt affiliate for 14 Hyatt-branded hotels across the Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt Centric, Hyatt Place, and Hyatt House brands. There are currently 14 Hyatt-branded hotels open in the Middle East and GCC, and the expected openings of these 14 Hyatt-branded hotels would double Hyatt’s brand presence in the region within the next few years.