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Hyatt Plans More Than 900 Rooms in Saudi

JEDDAH, SAUDI ARABIA-The Chicago-based firm has paired with businessman Majid bin Ibrahim Al Ibrahim to build three new hotels in the country, with two here and one in Riyadh.

By Robert Carr | Updated on February 06, 2012

JEDDAH, SAUDI ARABIA-Hyatt Hotels Corp. has joined with locally based Naseel Holding Co. to build three new hotels in the country. The venture will build the 400-room Grand Hyatt Jeddah and the 240-room Hyatt Regency Jeddah here, and the 275-room Park Hyatt Riyadh in Riyadh, near the Kingdom Center.

The developments will double the amount of planned Hyatt hotels in the country to six by 2016. Currently, the only Hyatt property is the Park Hyatt Jeddah-Marina, Club and Spa, which opened here in 2009. Peter Norman, SVP with the company, said in a statement that the firm wants to grow in the country.

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