Hyatt Brand to Debut in Iraq with 2017 Opening of the 210-room Hyatt Regency Sulaymaniyah
November 4, 2013 10:30am
“Bringing the Hyatt brand to Iraq is one of the most exciting projects we have in development. Kurdistan is a stable and prosperous area of Iraq, and as a result, the economy is growing and demand for lodging accommodations is rising,” said Peter Norman, senior vice president, real estate and development, for Hyatt Hotels & Resorts in Europe, Africa and the Middle East. “There is great potential for growth in Iraq and throughout the Middle East, and we look forward to introducing the Hyatt brand to guests visiting the region. Hyatt Regency Sulaymaniyah will offer a full range of services, amenities and dining options to meet the needs of both business and leisure travelers.”
“We are delighted to work with Hyatt on the first Hyatt Regency hotel in the country,” said Alex Lari, Claremont Group LLC. “We believe the strength of Hyatt’s service and culture, as well as its depth of operational expertise, will bring great value to the new hotel.”
Hyatt Regency Sulaymaniyah will offer 210 guestrooms, as well as an all-day dining restaurant, more than 17,500 square feet (1,660 square meters) of meeting and event space, a fitness center, a five-treatment room spa, and three pools. Located in the city of Sulaymaniyah, 210 miles northeast of Baghdad, Hyatt Regency Sulaymaniyah will be the only hotel in Hawary Shar Park, a 240-acre leisure and entertainment park currently under development, which will include a shopping mall, a golf course and zoological gardens.
For more information, please visit www.hyattdevelopment.com.
Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, the rate and pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; if our third-party owners, franchisees or development partners are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Tags: hyatt hotels,
hyatt regency sulaymaniyah,
Contact: Siân Martin or Malene Rydahl
email@example.com or firstname.lastname@example.org /
+1 312 780 5797 or +33 1 53 45 28 38
Lotte Tour Development and Hyatt Hotels Enter Agreement for New Build Grand Hyatt Hotel in Jeju City, South Korea
Hyatt Hotels Reports Q1 2017 Net Income Increased 104.8% to $70 Million; Comparable Systemwide RevPAR Increased 4.7%
Hospitality Management Chantilly and Hyatt Enter Agreement for Management of New Hyatt Regency Chantilly
Hyatt Acquires Wellness Leader Miraval Group for $215 Million
Hyatt Reports Net Income of $63 million for Q3 2016, an Increase of 148% Over Q3 2015
Hyatt Hotels Reports Q2 2016 Net Income of $67 million Compared to $40 million in the Year Ago Quarter
Hyatt Reports First Quarter 2016 Net Income of $34 million Compared to $22 in the Year Ago Quarter; Adjusted EBITDA Increased to $194 million
Hyatt Selects Lara Migliassi as Vice President – Global Brands
Hyatt in Talks to Acquire Starwood?
Hyatt to Power Meetings at 100 International Properties with This Technology
Hyatt Appoints Atish Shah as Interim Chief Financial Officer
Hyatt to Offer Free Wi-Fi to All Guests Independent of Booking Methods or Loyalty Programs
General Manager Nicholas Lacey Opens the 207-room Park Hyatt Sanya Sunny Bay Resort in China
Hyatt Honors Excellence Among Americas Owners and Developers with 2014 Awards
Hyatt Hotels and PRISA Group Open the 126-room Hyatt House San Juan in Puerto Rico
Hyatt Hotels Reaches Settlement with Fired Boston Area Housekeepers; To Pay $1 million
Grand Hyatt Melbourne Collaborates with McLaren Technologies Utilizing Leading SaaS Technology
Hyatt Reports Q2 2014 Net Income of $72 million: Systemwide RevPAR up 5.5%
Hyatt Makes Organizational Changes Naming Chuck Floyd as Global President of Operations
Hyatt Hotels Reports First Quarter Net Income of $56M, Systemwide RevPAR Increased 6.5%
Please login or register to post a comment.