A Hyatt Hotels affiliate has inked a franchise agreement with HR Group for a Hyatt House hotel in Frankfurt, Germany. Expected to open in late 2019, the hotel will be owned by Benchmark Real Estate Development and will be leased and managed by HR Group. Hyatt House Frankfurt/Eschborn will mark the second Hyatt House and third select service hotel for Hyatt in Germany.
Hyatt House Frankfurt/Eschborn will have 190 guestrooms and apartment-style kitchen suites in Frankfurt Eschborn, a CBD on Frankfurt’s Ring Road. The new hotel is near high-profile corporations, main highways, Frankfurt city center, Frankfurt airport, shopping facilities, restaurants and recreation areas.
Hyatt House, a brand of Hyatt Hotels, launched in 2012 and operates hotels across over 75 locations throughout the United States, China and Puerto Rico.
Headquartered in Chicago, Hyatt Hotels has a 731-property portfolio of 13 brands in 56 countries, as of June 30, 2017. The company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Park Hyatt, Miraval, Grand Hyatt, Hyatt Regency, Hyatt, Andaz, Hyatt Centric, The Unbound Collection by Hyatt, Hyatt Place, Hyatt House, Hyatt Ziva, Hyatt Zilara and Hyatt Residence Club brand names and have locations on six continents.
There are five Hyatt-branded hotels currently open in Germany: Park Hyatt Hamburg, Grand Hyatt Berlin, Hyatt Regency Cologne, Hyatt Regency Düsseldorf and Hyatt Regency Mainz. In addition to Hyatt House Frankfurt/Eschborn, there are three Hyatt-branded hotels currently under development: Hyatt House Düsseldorf/Andreas Quarter (expected to open in October 2017), Hyatt Place Frankfurt Airport (expected to open in January 2018) and Andaz Munich (expected to open in Q3 2018).
Benchmark Real Estate Development designs, plans, realizes and markets real estate projects in Germany. With a focus on office, hotel and residential properties, the company has services along the entire real estate development value chain from its offices in Frankfurt/Main and Duisburg.
Europe's HR Group operates more than 30 hotels in Germany, The Netherlands and Spain and owns most of the properties. HR Group mainly works with leading franchise partners and plans to further expand with acquisitions and lease contracts.