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Hyatt Continues Brand Expansion in Africa with Plans for Two Hotels in Tanzania

Hyatt-Regency-Oubaai

Hyatt-Regency-OubaaiCHICAGO–(BUSINESS WIRE)–Oct. 9, 2013–?Hyatt Hotels Corporation?(NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with?ASB Holdings Limited?for two Hyatt-branded hotels in?Tanzania?? Park Hyatt Zanzibar and?Hyatt Regency Arusha. The hotels will join the previously announced?Park Hyatt?Marrakech and Hyatt Place Taghazout in?Morocco, as well Hyatt Dakar in?Senegal. There is currently one hotel in?Tanzania,?Hyatt Regency Dar?es Salaam, The Kilimanjaro, which opened in 2011.

Park Hyatt Zanzibar will offer 72 luxurious guestrooms, and will be located on an?UNESCOheritage site in the historic part of?Zanzibar?City known as?Stone Town. The hotel will have unrestricted and direct access to the beachfront for leisure travelers looking to enjoy Africa?s coastline. Initial construction began on the site earlier this year and the hotel is expected to be completed in time for Tanzania?s?Zanzibar?Revolution Day in?January 2014.

Expected to open in 2016,?Hyatt Regency Arusha?will be a 144-room hotel occupying a 29 acre-site in central Arusha, a city in northern?Tanzania?and home to the?East African Community?headquarters, an intergovernmental organization. Located in the heart of Arusha, the hotel will be in close proximity to some of Africa?s most famous natural landscapes and national parks, including?Tarangire National Park?and?Mount Kilimanjaro.

?We are thrilled to work with?ASB Holding Limited?to expand Hyatt?s brand presence inTanzania, one of the premier tourism destinations in?Africa. We believe that the company?s experience of developing world-class hotels will help us drive preference for Hyatt?s brands in Tanzania,? said?Peter Norman, senior vice president, real estate and development, for?Hyatt Hotels?& Resorts in?Europe,?Africa?and the?Middle East. ?Tanzania has seen strong growth in the number of business and leisure travelers ? the number of international visitors grew by almost a quarter to surpass one million in 2012, driving demand for hotels in the country. By building a brand presence in?Tanzania, Hyatt is able to offer more choices to guests as they travel within the country.?

?We are excited to work with Hyatt on Park Hyatt Zanzibar and?Hyatt Regency Arusha,? saidMahmoud Gasim, a director of?ASB Holding Limited.??Hyatt is known for providing authentic hospitality to its guests and we believe the?Park Hyatt?and Hyatt Regency brands, coupled with the hotels? prime locations, will deliver an exceptional hospitality experience to guests visiting Tanzania.?

There are currently six Hyatt-branded hotels in?Africa, including:

  • Hyatt Regency Sharm El Sheikh Resort
  • Hyatt Regency Taba Heights
  • Hyatt Regency Casablanca
  • Hyatt Regency Dar?es Salaam, The Kilamanjaro
  • Hyatt Regency Johannesburg
  • Hyatt Regency Oubaai Golf Resort and Spa
Source Press Release, http://investors.hyatt.com/phoenix.zhtml?c=228969&p=irol-newsArticle_Print&ID=1863203&highlight=