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TheStreet Open House

Hyatt Announces Plans For Hyatt Place London Heathrow/Hayes

Stocks in this article: H

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with Magill Investments Limited for a Hyatt Place hotel close to London Heathrow Airport, one of world’s busiest airports. Hyatt Place London Heathrow/Hayes is the second Hyatt Place hotel under development in Europe, joining Hyatt Place Zurich Airport. The Hyatt Place brand continues to expand outside of the United States with today’s opening of Hyatt Place Amsterdam Airport in The Netherlands, as well as recent Hyatt Place openings in Armenia, Costa Rica, India, Mexico, and Puerto Rico.

Slated to open in the spring of 2015, Hyatt Place London Heathrow/Hayes will offer 170 guestrooms in addition to 1,809 square feet (168 square meters) of meeting space, an open food market with made-to-order meals and snacks available around the clock, free WiFi, and a well-equipped fitness center. The hotel will be located in Hayes, less than 15 minutes from London Heathrow Airport terminals and close to Stockley Park Business Park and Brunel University.

“We are delighted to introduce the Hyatt Place brand to the third busiest airport in the world and the thriving business community in and around Hayes and Hillingdon,” said Peter Norman, senior vice president, real estate and development for Hyatt in Europe, Africa and the Middle East. “The United Kingdom remains an important hub for international business and leisure travel, with more than 70 million passengers arriving to and departing from London Heathrow in 2012 alone. The airport serves 84 airlines and 184 destinations in 80 countries, and the opening of Hyatt Place London Heathrow/Hayes will mark a significant milestone for Hyatt as we continue to introduce the brand worldwide and offer more choice to our guests in key gateway cities.”

“We are proud to develop the first Hyatt Place hotel in the United Kingdom, and to be restoring a building at the heart of the Hayes community,” said Harry Mohinani, director, Magill Investments Ltd. “The Hyatt Place brand is a unique and refreshing concept, and we believe that this will be a very successful hotel serving both travelers visiting London Heathrow and the local business and residential communities.”

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