An affiliate of Hyatt Hotels Corp. has entered into agreements with Realtejo-Hotelaria e Turismo, S.A., an owned subsidiary of United Investments Portugal and Fibeira, to develop the Hyatt Regency Lisbon, the first Hyatt-branded hotel in Portugal.
Slated to open in late-2020, the hotel will have 200 guestrooms and apartments as well as a spa, pool, rooftop terrace bar, a courtyard and a garden.
“Lisbon is one of Europe’s leading cities in overnight stays and has quickly established itself as a prime destination not only for leisure travelers, but also for larger conventions and events,” said Nuno Galvão-Pinto, regional VP/development at Hyatt. “This is an important step for Hyatt as we look to expand our brand presence throughout Portugal.”
The number of tourists visiting Portugal has increased for eight consecutive years, with 12.8 million travelers visiting in 2018.
Hyatt Regency Lisbon will mark continued growth for the brand in Europe, joining Hyatt Regency Nice Palais de la Méditerranée and soon-to-open Hyatt Regency Barcelona Fira and Hyatt Regency Hesperia Madrid.