Hyatt Signs Agreement With Knowledge Economic City for Two New Hotels in The Kingdom of Saudi Arabia

Hyatt Hotels Corporation | May 6, 2024

Two Hyatt-branded hotels set to debut in Madinah as Hyatt House CHICAGO (MAY 6, 2024) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into management agreements with Knowledge Economic City (KEC) for two new Hyatt-branded hotels, Hyatt House Madinah KEC and Hyatt Centric Madinah KEC. Set to open in a highly anticipated development, Knowledge Economic City in Madinah, the properties will add a combined 576 keys to Hyatt’s portfolio in the Kingdom of Saudi Arabia (KSA). Further signaling Hyatt's commitment to the strategic growth of its portfolio in key markets that matter to guests and owners, Hy...