Hyatt Announces First Hyatt-Branded Hotel In Scotland

Hyatt Announces First Hyatt-Branded Hotel In Scotland

Hyatt Regency Edinburgh Marina will mark the brand’s entry into Scotland

November 29, 2018 // Franchising.com // ZURICH - Hyatt announced today that a Hyatt affiliate has entered into an agreement for the first Hyatt-branded property in Scotland and the third Hyatt Regency hotel in the United Kingdom. With 187 guestrooms and 98 apartments, Hyatt Regency Edinburgh Marina is expected to open in 2021 as the premier hotel and residential destination in Scotland’s capital city.

The Hyatt Regency brand offers a seamless experience that connects leisure and business travelers alike to everything they need under one roof. Guests will enjoy a full range of services and amenities, including notable culinary experiences, flexible spaces to work, collaborate or relax, and expansive technology-enabled facilities for meetings and events, along with expert planners who adhere to every detail.

“I am thrilled that Hyatt is announceing plans for the first Hyatt hotel in Edinburgh, Scotland, as part of the exciting new Edinburgh Marina development,” said Guido Fredrich, regional vice president development Europe. “Edinburgh Marina is the perfect foundation for us to launch our brand in Scotland, opening a new era for Hyatt and creating a great new tourism opportunity for Edinburgh.”

Hyatt Regency Edinburgh Marina will showcase the best of hospitality by bringing together creative design, world-class service and state-of-the-art facilities. In addition to guestrooms and apartments, Hyatt Regency Edinburgh Marina will include a 10,000 square foot (3,048 square meters) conference and banquet center, as well as a restaurant and bar. The new hotel will also feature a tranquil spa offering boutique fitness classes and restorative therapies. With these convenient amenties, and a prime location just outside the city center amongst stunning scenery, this hotel will be a true one-stop shop destination for both domestic and international travellers in Scotland’s historic capital.

“This is great news for the city of Edinburgh and a huge boost to its tourism industry,” said Hugh Taylor OBE of Michels & Taylor, who advised the developer. “Hyatt is a highly regarded international hotelier and is a perfect fit for this upscale waterfront development.”

Hyatt Regency Edinburgh Marina will add to the growing Hyatt portfolio in the UK, which includes Hyatt Regency Birmingham, Hyatt Regency London – The Churchill, Andaz London Liverpool Street, Hyatt Place London Heathrow Airport, and Hyatt Place West London/Hayes. In addition, there are two previously announced Hyatt-branded hotels currently under development: The Great Scotland Yard Hotel and Hyatt Place London City/East.

For more information about Hyatt Regency hotels, please visit www.hyattregency.com or edinburgh-marina.com/hotel-and-spa.

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 Regency

The Hyatt Regency brand prides itself on connecting travelers to who and what matters most to them. More than 185 conveniently located Hyatt Regency urban and resort locations in over 30 countries around the world serve as the go-to gathering space for every occasion – from efficient business meetings to memorable family vacations. The brand offers a one-stop experience that puts everything guests need right at their fingertips. Hyatt Regency hotels and resorts offer a full range of services and amenities, including the space to work, engage or relax; notable culinary experiences; technology-enabled ways to collaborate; and expert meeting and event planners who can take care of every detail. For more information, please visit hyattregency.com. Follow @HyattRegency on Facebook, Twitter and Instagram, and tag photos with #AtHyattRegency.

About the Edinburgh Marina Development

Located 2.5 miles (4km) NW of central Edinburgh, the Edinburgh Marina development will be a unique new leisure and residential destination for Scotland’s capital city, bringing new life and vibrancy to a key area of Edinburgh’s coastline. Edinburgh Marina is located 12 miles (16km) from the bridges over the Firth of Forth and 8 miles (12km) from Edinburgh International Airport. The Edinburgh Marina Development benefits from excellent transport links via road, sea and rail, which will be further improved when the new tram extension to Granton and Leith is completed.

Royal Wharf Living for Retirement

The developer recently launched the first phase of its luxury retirement living scheme, unveiling a show apartment in the Old Gunpowder Store which is located on the development. A selection of spacious 1, 2 & 3 bedroom luxury apartments are now available for advance reservation together with berths in the new Edinburgh Marina.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 14 premier brands. As of September 30, 2018, the Company's portfolio included more than 750 properties in more than 55 countries across six continents. 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 attract and retain top colleagues, build relationships with guests and create value for shareholders. The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences, vacation ownership properties, and fitness and spa locations, 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™, Hyatt Residence Club® and Exhale® brand names. For more information, please visit www.hyatt.com.

Forward-Looking Statements

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 our actual results, performance or achievements 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; 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 growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); changes in the competitive environment in our industry, including as a result of industry consolidation, and the markets where we operate; general volatility of the capital markets and our ability to access such 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 U.S. Securities and Exchange Commission. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only 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 law. 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.

Media Contacts:

Simone Loretan
Hyatt – Europe, Africa and the Middle East
+41 44 279 1226
simone.loretan@hyatt.com

Gloria Kennett
Hyatt
+1 312 780 5506
gloria.kennett@hyatt.com

SOURCE Hyatt Hotels Corporation

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