Hyatt Signs With Thera Island Suites for Magma Resort Santorini

The Unbound Collection by Hyatt | February 8, 2022

CHICAGO, IL – February 8, 2022 – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with Thera Island Suites S.A., owners of Magma Resort Santorini, managed by Athens-based SWOT Hospitality. Expected to open in 2022 in time for the summer season, the hotel will join The Unbound Collection by Hyatt as the first Hyatt-affiliated resort in the Greek islands, featuring 59 guestrooms, including 24 suites. The signing underscores Hyatt’s strategy to grow its brand footprint in the leisure and independent collection segments across key European leisure destinations. Magma Resor...