Financial News

Hyatt Announces the Opening of Hyatt Regency London Albert Embankment

The riverside hotel will be the eighth Hyatt-branded property in London, signaling Hyatt’s aspiring brand growth in the UK

Hyatt Hotels Corporation (NYSE: H) today announces the opening of Hyatt Regency London Albert Embankment. The 142-room hotel marks the eighth Hyatt-branded property in London, confirming Hyatt’s ambitious and strategic brand growth plans for 2023 and beyond in the United Kingdom.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230111005873/en/

Executive Suite at Hyatt Regency London Albert Embankment (Photo: Hyatt)

Executive Suite at Hyatt Regency London Albert Embankment (Photo: Hyatt)

With its prime riverside location and proximity to the city’s most notable attractions, Hyatt Regency London Albert Embankment caters to the many guests and World of Hyatt members looking for seamless stays in central London. The hotel is conveniently located; it is a five minute walk to the capital’s political epicenter, Westminster, home to landmarks including the Houses of Parliament, Trafalgar Square and Big Ben. A short stroll along the River Thames from the hotel leads to the South Bank, an area celebrated for its world-class arts and cultural venues, whilst nearby Vauxhall Station provides direct access to many of the city’s major travel hubs.

“London remains a priority market for our planned brand growth in the U.K., and we are delighted to add Hyatt Regency London Albert Embankment to our expanding list of properties in the capital,” said Felicity Black-Roberts, vice president development of Hyatt Europe. “This is the third Hyatt Regency branded hotel in the city, further demonstrating how Hyatt is intentionally growing our brand portfolio in the U.K., bringing our most renowned brands to the in-demand markets where our guests and World of Hyatt members want to be.”

Guestrooms

A total of 142 well-appointed, contemporary guestrooms make the most of the enviable riverside spot, with many featuring floor-to-ceiling windows that provide immersive views of the city’s iconic skyline. On the 14th floor, a range of executive suites offer king-size bedrooms, spacious, modern bathrooms, and relaxing lounge areas, accompanied by a private balcony for guests to enjoy exclusive panoramas across London.

Dining

For those looking for a multifunctional setting to share, socialize and collaborate, POTUS bar and restaurant delivers a diverse and distinctive menu of North American classics alongside traditional British favorites. Meanwhile the rooftop restaurant, cocktail bar, and shisha terrace Mezemiso serves authentic Lebanese and Japanese cuisine to create an incomparable dining experience overlooking the memorable sky-high views of the city.

Amenities

The hotel’s additional amenities reflect the Hyatt Regency brand commitment to encourage productivity and peace of mind. This includes an on-site fitness center fitted with the latest Technogym equipment, and five technology-enabled meeting rooms, which have been designed to inspire connection, offering 15,273 square feet (1,419 square meters) of combined meeting space for a range of events, from business conferences to group gatherings.

“We are pleased about the collaboration with Hyatt to open Hyatt Regency London Albert Embankment,” said Ivan Drinkwater – Cannon Corporate spokesperson. “The hotel is set to be the destination of choice for the millions of business and leisure travelers who visit this corner of London each year. Our team is ready to provide them with intuitive service and elevated experiences amongst the bustle of one of the city’s most popular areas.”

Hyatt Regency London Albert Embankment will be the 13th Hyatt-affiliated hotel in the U.K. and the eighth in London, joining Hyatt Regency London – The Churchill; Great Scotland Yard Hotel, part of The Unbound Collection by Hyatt portfolio; Andaz London Liverpool Street, Hyatt Place London City East, Hyatt Place London Heathrow Airport, Hyatt Regency London Stratford and Hyatt House London Stratford, as well as the soon to be open Hyatt Regency London Blackfriars and Park Hyatt London River Thames.

The term “Hyatt” is used for convenience in this release to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Regency

The Hyatt Regency brand prides itself on making travel free from stress and filled with success. More than 220 conveniently located Hyatt Regency urban and resort locations in more than 45 countries around the world serve as the go-to gathering space for every occasion – from efficient personalized, high-touch business meetings to energizing family vacations. The brand offers stress-free environments for seamless gatherings and empathetic service that anticipates guests’ needs. Designed for productivity and peace of mind, 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 #HyattRegency.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of September 30, 2022, the Company’s portfolio included more than 1,200 hotels and all-inclusive properties in 72 countries across six continents. The Company’s offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Residence Club®, Hyatt Place®, Hyatt House®, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Hyatt Centric®, and Caption by Hyatt; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt™, and JdV by Hyatt™; and the Inclusive Collection, including Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Vivid Hotels & Resorts®, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. 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 actual results to differ materially from current expectations include, but are not limited to, risks associated with the acquisition of Apple Leisure Group, including successful integration of the Apple Leisure Group business; the duration and severity of the COVID-19 pandemic or any additional resurgence and the pace of recovery following the pandemic or any additional resurgence; the short and long-term effects of the COVID-19 pandemic, including on the demand for travel, transient and group business, and levels of consumer confidence; the impact of actions taken by governments, businesses, or individuals in response to the COVID-19 pandemic or any additional resurgence on global and regional economies, travel limitations or bans, and economic activity; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic or any additional 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; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group 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; 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, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension 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, wages, and other 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 the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and Unlimited Vacation Club paid membership 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 Reports on Form 10-Q, 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.

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