Hyatt to debut the Andaz brand in Qatar

Andaz Doha will mark a significant milestone in Hyatt’s continued growth of its luxury lifestyle offering in the Middle East

Chicago, IL, 2021-Dec-16 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) announced today (December 13, 2021) that a Hyatt affiliate has entered into a management agreement with Al Mirqab Tourist Company LLC to debut the Andaz brand in Qatar. The 318-guestroom Andaz Doha is expected to open in fall 2022, at the same time football fans around the world will turn their eyes to Qatar. The hotel will mark the fourth Hyatt hotel in the country.

The Andaz brand of luxury lifestyle hotels offer distinctively local experiences that stimulate the senses. Andaz means “personal style” in Hindi, and Andaz hotels celebrate the individuality of every guest and speaks to the uniqueness of each locale. Every Andaz property stands out as an elevated reflection of the culture that surrounds it – capturing the best of local design and cuisine – while delivering thoughtful, unscripted service. Andaz hotels enable guests to go beyond the familiar and satiate their curiosity about the world and local cultures through immersive experiences that capture the true essence of the surrounding destination.

The 318-room hotel with stunning sea views will be located in the prestigious West Bay area of Doha, nestled amongst embassies, consulates and key government institutions. Situated within close proximity to a cosmopolitan blend of restaurants, residential and retail space, the hotel will cater to travelers searching for the best of local culture. It will feature four distinct food and beverage outlets offering a wide range from local flavors to international dishes while creating a vibrant social scene. All dining options will boast modern design and an innovative approach to drinking and dining.

“We are honored to announce plans for the Andaz brand in Qatar in our second collaboration with Al Mirqab Group as part of our ever-expanding brand presence in the country,” said Ludwig Bouldoukian, Hyatt’s Dubai-based regional vice president of development, Middle East and Africa. “Doha is a thriving hub for our lifestyle offerings and Andaz Doha is poised to become one of the city’s most innovative destinations. Looking forward, Qatar will continue to remain a key focus for Hyatt as we build our strong pipeline across the Middle East in destinations that truly matter to our guests. With its burgeoning luxury and lifestyle sector, Qatar will continue to represent an important market for Hyatt.”

“It is an honor to announce this prestigious project, as Andaz Doha will provide signature touchpoints designed to elevate the senses through meaningful and regionally distinctive guest offerings to today’s luxury traveller looking to immerse themselves into Qatar’s culture,” said the Chairman of Al Mirqab Tourist Company. “Sharing a vision with Hyatt to create experiences that showcase Qatar’s authentic character for locals as well as guests from all over the world is what will set us apart.”

Andaz Doha will mark the third Andaz branded hotel in the Middle East, building on the success of UAE properties, Andaz Capital Gate, Abu Dhabi and Andaz Dubai The Palm. The hotel will add to Hyatt’s existing portfolio of properties in Qatar; joining Hyatt Regency Oryx Doha, Park Hyatt Doha and Grand Hyatt Doha Hotels and Villas, reinforcing Hyatt’s commitment to grow with intent with local hotel owners who share Hyatt’s ambition for thoughtful growth.

For more information, please visit andaz.com.

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

About Andaz

Global in scale while local in perspective, the Andaz brand of luxury lifestyle hotels weaves the sights, sounds, and tastes of each property’s surroundings for a distinctively local experience. Through thoughtful, unscripted service tailored for travelers, Andaz hotels enable guests to go beyond the familiar and satiate their curiosity while immersing them in the spirit of the eclectic culture around them. Twenty-five Andaz hotels are currently open: Andaz 5th Avenue and Andaz Wall Street in New York, Andaz San Diego, Andaz West Hollywood, Andaz Napa, Andaz Scottsdale Resort & Bungalows, Andaz Savannah, Andaz Maui at Wailea Resort, Andaz Ottawa ByWard Market, Andaz Mayakoba Resort Riviera Maya, Andaz Costa Rica Resort at Peninsula Papagayo, Andaz London Liverpool Street, Andaz Amsterdam Prinsengracht, Andaz Munich Schwabinger Tor, Andaz Vienna Am Belvedere, Andaz Singapore, Andaz Delhi, Andaz Xintiandi in Shanghai, Andaz Tokyo Toranomon Hills, Andaz Seoul Gangnam, Andaz Xiamen, Andaz Capital Gate Abu Dhabi, Andaz Dubai The Palm, Andaz Shenzhen Bay, and Andaz Bali. For more information, please visit andaz.com. Follow @Andaz on Facebook, Twitter and Instagram, and tag photos with #WhenInAndaz.

About Al Mirqab Tourist Company

Al Mirqab Tourist Company had started its operations in the year 2005. It’s primary motive is to develop the hospitality business in Qatar. We have achieved high grade in providing the service to the residential services of the high class society in the heart of the city. As part of the experienced esteemed hotel group, Al Mirqab Tourist Company developed contemporary boutique hotels in Iconic locations within our home city of Doha and beyond. We embrace the art, architecture, music and literature of Qatar and deliver it with a very personal touch. A warm welcome is the mark of Qatari hospitality and our company promises to deliver that special feeling for every minute of your stay.

Whether is the thoughtful attention paid by our staff, inspiring creative environment or the delight of our unique dining experiences, our guest will leave rewarded and looking forward to their return. We believe that the culture of Qatari hospitality is the precious tradition, and Al Mirqab Tourist Company was born from the desire to share it with the world. We had started our new project with Hyatt Hotels under the brand name of Andaz and will introduce new visitor Qatar’s proud history and evolving culture aspiration.

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, 2021, Hyatt’s portfolio included more than 1,000 hotel and all-inclusive properties in 69 countries across six continents, and the acquisition of Apple Leisure Group added 96 properties in 10 countries as of November 1, 2021. Hyatt’s offerings include the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination by Hyatt™, Hyatt Regency®, Hyatt®, Hyatt Ziva™, Hyatt Zilara™, Thompson Hotels®, Hyatt Centric®, Caption by Hyatt, JdV by Hyatt™, Hyatt House®, Hyatt Place®, UrCove, and Hyatt Residence Club® brands, as well as resort and hotel brands under the AMR™ Collection, including Secrets® Resorts & Spas, Dreams® Resorts & Spas, Breathless® Resorts & Spas, Zoëtry® Wellness & Spa Resorts, Alua® Hotels & Resorts, and Sunscape® Resorts & Spas. Hyatt’s subsidiaries operate the World of Hyatt® loyalty program, ALG Vacations®, Unlimited Vacation Club®, Amstar DMC destination management services, and the Trisept Solutions® travel technology platform. 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, the duration of the COVID-19 pandemic and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the short and longer-term effects of the COVID-19 pandemic, including the demand for travel, transient and group business, and levels of consumer confidence; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution of COVID-19 vaccines and wide acceptance by the general population of such vaccines; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; 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, such as the COVID-19 pandemic, 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 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 the COVID-19 pandemic, 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 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.

MEDIA CONTACTS:

Siân Rylander
Hyatt
sian.rylander@hyatt.com

Milica Ferreira da Silva
Hyatt – Europe, Africa and Middle East and Southwest Asia
milica.ferreiradasilva@hyatt.com

Source: Hyatt Hotels Corporation

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