CHICAGO (October 9, 2013) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Lacoste & Cie S.A. for a new Hyatt hotel in Senegal’s capital city, Dakar. Hyatt Dakar will become the first Hyatt-branded hotel in Senegal, joining the previously announced Park Hyatt Marrakech and Hyatt Place Taghazout in Morocco, as well as Park Hyatt Zanzibar and Hyatt Regency Arusha in Tanzania.
“We are delighted to work with Lacoste & Cie S.A. on Hyatt Dakar, our first hotel in Senegal. The company has a depth of expertise that matches Hyatt’s ambition to provide an exemplary guest experience,” said Peter Norman, senior vice president, real estate and development, for Hyatt Hotels & Resorts in Europe, Africa and the Middle East. “Africa’s hotel market remains underdeveloped, despite a growing middle class and increased inward investment in recent years which has pushed up demand for hotels. This creates significant opportunities for us and has increased Hyatt’s development focus on the continent. We believe that the Hyatt brand and the hotel’s excellent location in Dakar – one of West Africa’s major business hubs – will have strong appeal to business and leisure travelers visiting the region.”
Expected to open in 2016, Hyatt Dakar will offer 140 guestrooms, and will feature two restaurants, a guest lounge and bar, as well as meeting space and a spa. The hotel will be located in the heart of the city’s business district, within walking distance of major international organizations in the city, such as UNICEF and UNESCO. Additionally, the hotel will border the popular Kermel market, which was originally built in 1860 and is known for its striking original architecture.
“We appreciate Hyatt’s commitment to providing authentic hospitality to its guests, and we believe Hyatt Dakar’s excellent location in the city’s business district will deliver an exceptional hospitality experience to guests visiting the region,” said Dr. Mahmoud Aidibé, Lacoste & Cie S.A.
There are currently six Hyatt-branded hotels in Africa, including:
Hyatt hotels are smaller-sized properties conveniently located in proximity to diverse business and leisure areas. Typically ranging from 150 to 350 rooms, Hyatt hotels offer guests the opportunity to experience hospitality in a vibrant environment. Customers include individual business and leisure travelers, and Hyatt hotels can accommodate smaller scale business meetings and social gatherings.
About Lacoste & Cie S.A
Lacoste & Cie S.A. is holding company founded by Dr. Mahmoud Aidibé. Dr. Aidibé is the owner of the Clinique de la Madeleine, located in the center of Dakar. It is the largest private hospital in West Africa specializing in general surgery, gynecology and orthopedics. In addition, Dr. Aidibé is also owner of one the largest office supplies companies in Senegal.
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About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Company's subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt House® brand names and have locations on six continents. Hyatt Residential Group, Inc., a Hyatt Hotels Corporation subsidiary, develops, operates, markets or licenses Hyatt ResidencesTM and Hyatt Residence ClubTM. As of June 30, 2013, the Company's worldwide portfolio consisted of 524 properties in 46 countries. For more information, please visit www.hyatt.com.
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