Hyatt Regency brand enters Romania over regional push

Business Forum
Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.

As part of the expansion in the Balkans region, the company will open Hyatt Regency Aro Palace Brașov, which is being developed by Aro Palace.

Originally opened in 1939 as the most luxurious hotel in the Transylvanian city, the iconic property will be fully refurbished and is expected to welcome guests, members and customers with up to 250 guestrooms in 2027.

“We are confident that the stunning medieval towns and breathtaking nature of Romania will capture the interest of our World of Hyatt members and lead to further growth for Hyatt brands in the country,” says Takuya Aoyama, Vice President Development at Hyatt.

Alongside the development in Romania, Hyatt expects to add Hyatt Regency Zadar in Croatia (2025), Hyatt Regency Tirana in Albania (2026), Hyatt Regency Palase Resort & Spa in Albania (2027) and Hyatt Regency Novi Sad in Serbia (2027).

“The expansion in this region with five Hyatt Regency properties in the next few years is indicative of our ambitious approach. Last year´s opening of the first Hyatt Regency resort and the successful rollout of our Inclusive Collection brands in Bulgaria demonstrate the future growth potential of our leisure and resort brand footprint along the Balkan Peninsula,” says Michel Morauw, the newly appointed Managing Director North, EAME at Hyatt.

Hyatt's global pipeline stands at more than 135,000 rooms in Q3 2024 and is supported by a strong regional pipeline.

RECOMMENDED
15 new hotels coming to Romania by 2026
Real estate

15 new hotels coming to Romania by 2026

Romania is preparing for a wave of new hotel openings in 2025-2026, solidifying its position as an attractive tourist destination in CEE, according to a report by Colliers.

Tech spearheads office leasing in Romania
Real estate

Tech spearheads office leasing in Romania

Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.

Hotel investments in Romania up 56% in 2024
Real estate

Hotel investments in Romania up 56% in 2024

Investment in the hotel sector is experiencing a significant upswing, with Romania witnessing a 56% increase in 2024 versus 2023, reaching €69.3 million. This trend aligns with a broader European surge, where hotel investments reached €20.5 billion, marking a 70% rise and establishing hotels as the leading asset class.

Land deals in Romania reach €450 million in 2024
Real estate

Land deals in Romania reach €450 million in 2024

The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania. 

RECOMMENDED FROM THE HOME PAGE
READ MORE
Business Forum  |  28 March, 2025 at 6:11 PM
Business Forum  |  28 March, 2025 at 12:58 PM