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Hyatt expands presence in Turkey

ISTANBUL, February 26, 2020

Hyatt Hotels Corporation 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-sq-ft (80,000-sq-m) park. Located 12 miles (20 kilometres) from the airport, the hotel will be in close proximity to the metro, tram and bus stations, providing direct access to downtown Izmir.

“Turkey continues to be one of the most popular tourist destinations in Europe, and we have long sought to expand our brand footprint outside of Istanbul,” said Takuya Aoyama, vice president development, Hyatt. “We are very pleased to be working with Orjin Group who has an excellent track record of developing and operating premium real estate in the country.”

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

“We are thrilled to be working alongside Hyatt as it expands its brand presence in Turkey,” said Zafer Kursun, chairman of Orjin Group. “Hyatt Regency is a globally recognised brand and our extensive knowledge of the Turkish market and the city of Izmir will allow us to develop a premium property.”

Hyatt Regency Izmir Istinye Park will be joining Hyatt’s growing portfolio across Turkey, alongside Park Hyatt Istanbul – Macka Palas, Hyatt Regency Istanbul Atakoy, Grand Hyatt Istanbul, Nish Palas Istanbul, Hyatt Centric Levent Istanbul and Hyatt House Gebze. - TradeArabia News Service




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