An affiliate of Hyatt Hotels Corporation has entered into a franchise agreement with Resolution Property, which has teamed with real estate firm Berkeley Capital Group, to develop a Hyatt Place hotel at Black Lion House on Whitechapel Road in Aldgate.
When it opens in 2020, the Hyatt Place London City/East will be a 280-guestroom hotel managed by Cycas Hospitality, and will be the company’s fourth collaboration with Cycas Hospitality on select-service Hyatt hotels in Europe. The property will be the third Hyatt Place hotel in Greater London, joining Hyatt Place London Heathrow Airport and Hyatt Place West London/Hayes.
“Set to be the first city center Hyatt Place hotel in London, Hyatt Place London City/East will mark an important milestone for the brand in the UK,” said Nuno Galvao-Pinto, Hyatt’s regional VP of acquisitions and development Europe. “We are delighted to have this opportunity to collaborate with Cycas Hospitality, Resolution Property and Berkeley Capital Group to build on our commitment to expanding the Hyatt Place brand footprint. We are excited to continue our role in London’s continued expansion in the east and the on-going regeneration of Aldgate and Whitechapel.”
“Securing planning is a significant achievement, and it is fantastic that we can now move forward with the development of Black Lion House into a Hyatt Place hotel, supported by our partner Berkeley Capital Group,” said Head of UK Investment Oliver Jackson, Resolution Property. “Bringing the Hyatt Place brand into central London perfectly demonstrates Resolution’s approach as a pioneering developer focused on creating new and exciting hotel destinations.”
The Hyatt Place London City/East will be the first Hyatt Place in central London and the seventh Hyatt-branded hotel in the UK, joining Hyatt Regency London The Churchill, Andaz London Liverpool Street, Hyatt Place West London/Hayes, Hyatt Place London Heathrow Airport, Hyatt Regency Birmingham and the Great Scotland Yard Hotel London, which is expected to open early 2019.
Cycas Hospitality currently manages the Hyatt Place London Heathrow Airport and will be operating three hotels in France: the dual-brand Hyatt Place and Hyatt House hotel development by Paris' Charles De Gaulle Airport and the 78-room Hyatt Place hotel conversion in Rouen. The management company has five Hyatt hotels in its portfolio.