Hyatt Regency Istanbul Ataköy — Photo by Hyatt Hotels Corporation

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with Orjin Konaklama Yönetim Hizmetleri A.Ş. for the first Hyatt branded hotel in Izmir, Turkey. Expected to open in 2021, the 161-room hotel marks the seventh Hyatt branded property in Turkey and the brand's entry into Izmir, the country's third largest and one of the oldest cities in the Mediterranean.

Hyatt Regency Izmir Istinye Park will be part of a new major development, Istinye Park Izmir, slated to become a local landmark comprising of a high-end shopping mall and an impressive 860,000 square foot (80,000 square meter) park. Located 12 miles (20 kilometers) from the airport, the hotel will be in close proximity to the metro, tram and bus stations, providing direct access to downtown Izmir.

The property, which will overlook the Gulf of Izmir, will be designed with business and leisure travelers in mind, offering seamless and personalized experiences for any occasion. Hyatt Regency Izmir Istinye Park will feature a restaurant and bar, as well as a spa and a fitness center. Additionally, with more than 21,500 square feet (2,000 square meter) of flexible event space, the hotel will also offer a premium venue for corporate meetings and social gatherings alike.

Hotel website