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Hyatt Middle East Expansion & Q1 Revenue Growth

Hyatt Middle East Expansion & Q1 Revenue Growth

June 9, 2025 Catherine Williams - Chief Editor Business

Key Points

  • Hyatt’s Q1 2025 RevPAR increased by 5.7% system-wide.
  • Global net rooms grew by 10.5%.
  • Adjusted EBITDA ⁣rose ​to $273 ⁣million,up 24.4%.
  • Expansion plans include⁣ tripling its Saudi Arabia portfolio in five years.
  • New openings include Andaz​ Doha, Hyatt Place Nairobi Westlands, and Hyatt House ⁢Nairobi westlands.

Hyatt Eyes Middle ​East and Africa Growth with New Hotel Openings

‌ updated ⁢June 9, 2025

Hyatt is aggressively expanding its presence in the⁤ middle East and Africa, driven by‍ strong frist-quarter 2025 results and a strategic focus⁢ on the Saudi Arabia market. The company’s‌ Q1 performance showcased⁢ a 5.7%​ increase in comparable system-wide RevPAR,reflecting robust demand across global markets. Hyatt’s ⁣global net rooms also ​grew by 10.5%.

Adjusted ⁣EBITDA‌ reached $273 million,⁣ a 24.4% increase after adjusting for assets sold in 2024, demonstrating the strength of the company’s asset-light business model. this growth supports ‍hyatt’s ambitious plans to triple its portfolio in Saudi Arabia within five years, aligning with the‌ Kingdom’s Vision 2030 and the⁣ rapid evolution of its tourism‌ sector.‌ This strategic ⁣ Hyatt expansion includes⁢ a focus on luxury ⁤hotels and wellness ⁤resorts.

Several high-profile‌ openings are planned, including the debut of⁢ the Miraval The Red Sea wellness brand, the first of its resorts outside the U.S. market, scheduled to open later this year on ‌Shura Island. The resort will feature 180 ⁣guestrooms​ and suites, offering immersive ⁣wellness ⁣programming tailored to ⁤each‌ traveler. Additionally, Grand Hyatt The Red Sea, expected to open in 2026, will offer‌ a premium beachfront resort experience and an array of facilities, ⁢including several distinctive restaurants and remarkable meeting​ and event spaces.

Hyatt Place AlUla, a 215-key property, ⁣is ​also set to open in 2026 within‌ the rising cultural destination of AlUla. These developments meet the increasing demand for luxury, wellness, and lifestyle experiences while contributing​ to national tourism goals.

The recent opening of Andaz Doha in Qatar further reflects Hyatt’s commitment to enhancing its lifestyle and luxury portfolio ⁢in the GCC. The hotel, ⁤located in the ‍West Bay area, features 256 guestrooms, including 32 suites and 4 Royal suites, as ⁢well as 56 residences for long-term stays. Hyatt also opened Hyatt Place ⁢Nairobi Westlands ‍and Hyatt House ‌Nairobi Westlands in Kenya during the ‍first quarter.

Hyatt​ continues to lead‌ with a progress pipeline ⁤of approximately​ 138,000 rooms globally ‌under executed management or franchise⁤ agreements.The ⁢company’s first-quarter performance also included net ⁢income of $20 ​million and the⁤ repurchase of approximately 1.1 million shares of Class A common stock for $149​ million, reflecting its continued⁤ focus on delivering shareholder value.

What’s next

hyatt plans‍ to continue‍ its strategic expansion across‌ the Middle East and Africa,⁢ focusing on ‌luxury ⁣and⁣ lifestyle brands to cater to the growing tourism sector and enhance ‌shareholder value.

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