Prosperous 2007 for Middle East's Hyatt properties
Monday, December 31, 2007
Hyatt’s Middle East performance for 2007 has seen an average occupancy growth of 11% and average rates up by 16%, proving high demand for Hyatt hotels in the region. UAE and Egypt were Hyatt’s strongest markets for the region in 2007, with hotel occupancies in these countries at an all-time high.
“2007 has been a fantastic year for the hospitality industry in the Middle East, particularly for Hyatt,” said Thierry Bertin, Area Director of Marketing – Middle East, Hyatt International Hotels and Resorts.
“Adding to the success of our award-winning hotels across the Middle East for 2007, Hyatt looks forward to a number of new openings in 2008 and additional plans are in place for 2009,” Bertin added.
In October this year, Hyatt announced the management of Capitol Gate Abu Dhabi, the latest addition to their regional portfolio.
Hyatt has three properties in Egypt: Grand Hyatt Cairo, Hyatt Regency Sharm Al Sheikh, and Hyatt Regency Taba Heights.
Grand Hyatt Dubai, Hyatt Regency Dubai, and Park Hyatt Dubai make up the currently operational properties in the UAE, one of the key markets for Hyatt.
Rania Deimezi
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Monday, December 31, 2007
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