Hyatt Hotels, a US-based company that owns and operates 207 Hyatt Hotels and Resorts worldwide, has announced a new Hyatt Regency hotel in Mexico.
The 756-room, Hotel Nikko Mexico, has been acquired by the company from Japan-Mexico Hotel Investment Co, and re-branded as the Hyatt Regency Mexico City, for an investment of USD190 million.
Steve Haggerty, the company global head of real estate and development, said, ‘The introduction of Hyatt Regency Mexico City marks the first step in expanding the presence of Hyatt-branded hotels in Mexico and throughout Latin America. Our substantial direct investment in acquiring this hotel, as well as our plans for 12 new properties in Latin America across our full-and select-service brands, underscores our commitment to becoming the most preferred hospitality brand by opening hotels in key locations where our guests are travelling.’
The hotel is located around 30 minutes travel time from the Benito Juarez International Airport, and offers views of the Mexico Cityskyline. The hotel amenities include a Regency Club Lounge, and a number of fine dining restaurants and entertainment venues, as well as meetings and events spaces.
Myles McGourty, the company senior vice president for Latin America, said, ‘The introduction of Hyatt Regency Mexico City creates a significantly higher profile for Hyatt’s brands in Mexico and throughout all of Latin America. The addition of four of Hyatt’s hotel brands in Mexico over the next few years and our plans for further expansion throughout the region underscores our commitment to enhancing preference for our brands.’