Hyatt Regency Brand Grows in Australia with Entry into Brisbane
As the first Hyatt hotel to open in Brisbane, the hotel brings premium service and energizing experiences into the heart of the city
February 01, 2021 // Franchising.com // CHICAGO - Hyatt Hotels Corporation (NYSE: H) announced today with Salter Brothers the opening of Hyatt Regency Brisbane, the first Hyatt hotel in Brisbane and eighth operating Hyatt hotel in Australia. Located in the heart of the city’s central business district within Queen Street Mall, the 292-room Hyatt Regency Brisbane offers business travelers and leisure guests a relaxing haven complete with an outdoor infinity pool and bar. The hotel, which has been rebranded from an existing hotel and will undergo a refurbishment to enhance the guestrooms, public areas, event spaces and dining venues, is the first project between Hyatt and Salter Brothers, marking the return of the Hyatt brand into the state of Queensland.
“We are grateful to work with Salter Brothers on the first Hyatt hotel in Brisbane and look forward to bringing the premium service and energizing experiences that the Hyatt Regency brand is known for to this vibrant city,” said David Udell, group president, Asia-Pacific, Hyatt. “Hyatt has had a brand presence in Australia for more than 30 years. With Brisbane being one of the fastest growing cities in Australia, Hyatt Regency Brisbane is a strategic addition to our growing portfolio in the country, complementing our current and future hotels in key destinations such as Sydney and Melbourne.”
“We are excited to be working with Hyatt to position the new Hyatt Regency Brisbane as the best premium upscale hotel in the Brisbane market,” said Paul Salter, managing director, Salter Brothers. “With our commitment to a new investment in this hotel, its excellent location, well-appointed guest rooms, atmospheric pool terrace with an infinity pool, and Hyatt’s renowned restaurant and bar offerings, we fully expect Hyatt Regency Brisbane on the Queen Street Mall to be the city’s hotel destination of choice for both business and leisure travelers alike.”
Prime Downtown Location
Situated in the heart of Brisbane's central business district, Hyatt Regency Brisbane offers easy access to major corporate and government offices as well as a wide range of leisure, retail and dining options. The hotel is part of Queen Street Mall, a designated pedestrian zone, and is a 15-minute walk from the Brisbane Convention & Exhibition Centre, and approximately half a mile (1 kilometer) from the South Bank cultural district. The hotel’s central location enables guests to readily visit entertainment precincts such as Brisbane Live and the new Howard Smith Wharves on the waterfront, attractions like the Museum of Brisbane and Brisbane City Markets as well as the Brisbane City Botanic Gardens.
With 292 well-appointed guestrooms, the refurbishment will enhance Hyatt Regency Brisbane’s existing guestrooms and will provide business and leisure guests with a comfortable and seamless stay. The accommodations will feature modern décor, bathrooms with walk-in showers and business-centric amenities, including comfortable workstations.
Refreshing Leisure and Culinary Offerings
Overlooking the lively Queen Street Mall, the outdoor 66-foot (20-meter) infinity-edge pool and bar on the fourth floor are ideal for unwinding after a day’s work or sightseeing. Other facilities include the 24-hour fitness center, an all-day restaurant and more than 1,000 square feet (100 square meters) of flexible function space.
Guided by its purpose of care, Hyatt’s multi-layered Global Care & Cleanliness Commitment further enhances its operational guidance and resources around colleague and guest safety and peace of mind.
The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
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Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the short- and longer-term effects of the COVID-19 pandemic, including on the demand for travel, transient and group business, and levels of consumer confidence; actions that governments, businesses, and individuals take in response to the COVID-19 pandemic or any resurgence, including limiting or banning travel; the impact of the COVID-19 pandemic, and actions taken in response to the COVID-19 pandemic or any resurgence, on global and regional economies, travel, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the ability of third-party owners, franchisees or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic; the duration of the COVID-19 pandemic and the pace of recovery following the pandemic or any resurgence; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the 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; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases or fear of such outbreaks, such as the COVID-19 pandemic; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans and common stock repurchase program and quarterly dividend, including a reduction in or elimination of repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; 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 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; the timing of acquisitions and dispositions, and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Report on Form 10-Q filed on May 7, 2020, which filings are available from the SEC. 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.
SOURCE Hyatt Regency
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