Hyatt Hotels has signed a franchise agreement with Germany-based HR Group to open a Hyatt House hotel in Frankfurt in 2020.
The 180-room Hyatt House Frankfurt/City Goetheplatz will be part of the mixed-use development Four Frankfurt in the center of the city developed by Germany's Groß & Partner. The development will have four towers with residential and office facilities, retail spaces and hotels.
The new Hyatt House will mark Hyatt Hotels' second franchise agreement with HR Group, following the Hyatt House Frankfurt/Eschborn opening in late 2019. It also will be the second Hyatt House in Frankfurt.
Hyatt Hotels signed the Hyatt House Frankfurt/Eschborn in October 2017. Benchmark Real Estate Development will own the property while HR Group will lease and manage it.
The second Hyatt House will be developed in the business area Frankfurt Eschborn on Ring Road--the city's financial and economic center. The 190-room hotel is near several high-profile corporations, main highways, the city center, airport, shopping facilities, restaurants and recreation areas.
Hyatt Hotels has seven properties operating in Germany, including Hyatt House Düsseldorf/Andreas Quarter, Hyatt Regency Düsseldorf, Hyatt Place Frankfurt Airport, Park Hyatt Hamburg, Grand Hyatt Berlin, Hyatt Regency Cologne and Hyatt Regency Mainz. The Andaz Munich also is in the pipeline for Germany and is expected to open in early 2019.
The latest Hyatt House opening was Hyatt House across from Universal Orlando Resort in Orlando, Florida on August 10. The 168-room hotel owned by Summit Hotel Properties is near Lockheed Martin, NBC Universal, Siemens, Deloitte, Raytheon and the Orange County Convention Center.