Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with ASB Holdings Limited for two Hyatt-branded hotels in Tanzania – Park Hyatt Zanzibar and Hyatt Regency Arusha. The hotels will join the previously announced Park Hyatt Marrakech and Hyatt Place Taghazout in Morocco, as well Hyatt Dakar in Senegal. There is currently one hotel in Tanzania, Hyatt Regency Dar es Salaam, The Kilimanjaro, which opened in 2011.

"We are excited to work with Hyatt on Park Hyatt Zanzibar and Hyatt Regency Arusha"

Park Hyatt Zanzibar will offer 72 luxurious guestrooms, and will be located on an UNESCO heritage site in the historic part of Zanzibar City known as Stone Town. The hotel will have unrestricted and direct access to the beachfront for leisure travelers looking to enjoy Africa's coastline. Initial construction began on the site earlier this year and the hotel is expected to be completed in time for Tanzania's Zanzibar Revolution Day in January 2014.

Expected to open in 2016, Hyatt Regency Arusha will be a 144-room hotel occupying a 29 acre-site in central Arusha, a city in northern Tanzania and home to the East African Community headquarters, an intergovernmental organization. Located in the heart of Arusha, the hotel will be in close proximity to some of Africa's most famous natural landscapes and national parks, including Tarangire National Park and Mount Kilimanjaro.

"We are thrilled to work with ASB Holding Limited to expand Hyatt's brand presence in Tanzania, one of the premier tourism destinations in Africa. We believe that the company's experience of developing world-class hotels will help us drive preference for Hyatt's brands in Tanzania," said Peter Norman, senior vice president, real estate and development, for Hyatt Hotels & Resorts in Europe, Africa and the Middle East. "Tanzania has seen strong growth in the number of business and leisure travelers – the number of international visitors grew by almost a quarter to surpass one million in 2012, driving demand for hotels in the country. By building a brand presence in Tanzania, Hyatt is able to offer more choices to guests as they travel within the country."

"We are excited to work with Hyatt on Park Hyatt Zanzibar and Hyatt Regency Arusha," said Mahmoud Gasim, a director of ASB Holding Limited."Hyatt is known for providing authentic hospitality to its guests and we believe the Park Hyatt and Hyatt Regency brands, coupled with the hotels' prime locations, will deliver an exceptional hospitality experience to guests visiting Tanzania."

There are currently six Hyatt-branded hotels in Africa, including:

  • Hyatt Regency Sharm El Sheikh Resort
  • Hyatt Regency Taba Heights
  • Hyatt Regency Casablanca
  • Hyatt Regency Dar es Salaam, The Kilamanjaro
  • Hyatt Regency Johannesburg
  • Hyatt Regency Oubaai Golf Resort and Spa

About Park Hyatt

Park Hyatt provides discerning, affluent individual business and leisure guests with elegant and luxurious accommodations. Guests of Park Hyatt receive gracious and highly attentive personal service in an intimate and contemporary environment. Located in many of the world's premier destinations, each Park Hyatt is custom designed to combine sophistication with distinctive regional character. Park Hyatt features well-appointed guestrooms, meeting and special event spaces for smaller groups, critically acclaimed art programs and signature restaurants featuring award-winning chefs. www.parkhyatt.com

About Hyatt Regency

Hyatt Regency hotels are conveniently located in urban, suburban, airport, convention and resort destinations around the world. Properties range in size up to 2,000 rooms, feature intimate and large meeting spaces, and offer a full range of services and dining options tailored to serve the needs of conventions, business travelers or resort vacationers. Hyatt Regency enables all guests – whether they are traveling to work, unwind or gather in celebration – to feel productive and revitalized. www.hyattregency.com

ASB Holding Limited

A subsidiary of a Dubai based holding company who are involved in the hospitality industry with numerous 5 star hotels around the world amongst their many other business interests. www.albwardy.com

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 June 30, 2024, the Company's portfolio included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Vacation Club®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Dream® 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 Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith™, 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. 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 when made, are inherently uncertain, and are subject to numerous assumptions and uncertainties, many of which are outside of Kiraku, Inc. or Hyatt's control, which could cause actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Forward-looking statements made in this press release are made only as of the date of their initial publication and neither party undertakes an obligation to publicly update any of these forward-looking statements as actual events unfold, except to the extent required by applicable law. If one or more forward-looking statements is updated, no inference should be drawn that any additional updates will be made with respect to those or other forward-looking statements.