Hyatt Resorts has entered right into a franchise and associated agreements with Realtejo – Hotelaria e Turismo to develop the primary Hyatt branded resort in Portugal: Hyatt Regency Lisbon.
Anticipated to open in late 2020, the resort will characteristic 200 resort rooms and flats and will likely be positioned between Rua Guerra Junqueiro and Avenida da Índia, a shocking waterfront location going through Tejo River.
Realtejo – Hotelaria e Turismo is a subsidiary of United Investments Portugal and Fibeira.
The foray into Lisbon, Portugal’s coastal capital metropolis, is a vital milestone for Hyatt, signifying its rising model presence in more and more aggressive markets throughout Europe.
The variety of vacationers visiting Portugal has elevated for eight consecutive years, with 12.eight million travellers visiting in 2018 alone.
The resort will likely be located only a five-minute drive from Lisbon’s historic metropolis centre and inside straightforward attain of many main sights, together with the 2 UNESCO World Heritage websites: the Bélem Tower and the Jéronimos Monastery.
“We’re delighted by the announcement of plans for the primary Hyatt resort in Portugal as Lisbon is one in every of Europe’s main cities in in a single day stays and has rapidly established itself as a chief vacation spot not just for leisure travellers, but in addition for bigger conventions and occasions,” stated Nuno Galvão-Pinto, regional vp improvement at Hyatt.
“We stay up for working with United Investments Portugal on this thrilling venture in Lisbon.
“This is a vital step for Hyatt as we glance to broaden our model presence all through Portugal.”
Hyatt Regency Lisbon will supply a variety of intuitive services, together with an expensive spa, a swimming pool, a rooftop terrace bar with views over the river, in addition to a gorgeous courtyard and backyard.
Carlos Leal, basic supervisor of United Investments Portugal, added: “We’re thrilled to be working with Hyatt on our first improvement in Lisbon in a premier riverside location in one of many world’s main cities.
“With its heat local weather, tradition, historical past, gastronomy and seashores, Lisbon really has all of it.”