Grand Hansa Hotel — Photo by Hyatt

Hyatt Hotels Corporation (NYSE: H) announced that a Hyatt affiliate has entered into a franchise agreement with Primehotels Oy for the first Hyatt property in Finland. Expected to open in 2022, the 224-room Grand Hansa Hotel will become the first The Unbound Collection by Hyatt property in the Nordics as the brand enjoys continued momentum across Europe.

Incorporating references to Finnish folklore and mythology, Grand Hansa Hotel's historical façade will represent the city's fascinating past. Combined with Helsinki's vibrant atmosphere, the hotel will provide independently minded guests with one-of-a-kind experiences reflecting The Unbound Collection by Hyatt brand ethos. Prior to its opening, the hotel will undergo a renovation leading to the development of 224 upscale guestrooms and a newly built entrance. The large ground floor space will allow for significant food and beverage offerings, as well as extensive conference and meeting facilities.

The Grand Hansa Hotel will benefit from the strong demand of both business and leisure travelers to Helsinki with forecasts predicting 30 million passengers by 2030. Strategically located opposite of the Central Railway Station and only a 30-minute train or taxi ride from the award-winning Helsinki Airport, business travelers will be in the immediate vicinity of key industries and Government entities, including the University of Helsinki's central campus. Leisure guests will also benefit from being within a five-minute walk from nearby shopping outlets and tourist attractions such as the Helsinki Market Square and Finnish National Theater.

Grand Hansa Hotel will become the eighth addition to the expanding The Unbound Collection by Hyatt portfolio in Europe. It will join the Hôtel du Louvre in Paris, Párisi Udvar Hotel in Budapest, Hôtel Martinez in Cannes, Nish Palas in Istanbul, Sofia Barcelona in Spain, Hôtel du Palais, Biarritz and the recently opened Great Scotland Yard Hotel in London.

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

Hotel website