(TAN): A Hyatt affiliate has entered into a management agreement with Anolia Holdings for the first Hyatt hotel on the island of Cyprus, Grand Hyatt Limassol, Hyatt Hotels Corporation said.
The 300-room luxury resort is expected to open in 2025.
The new-build beachfront resort will be situated at a Blue Flag beach east of Limassol, one of the island’s most cosmopolitan cities. With a prime beachfront location on the southern coast of the island and 300 rooms offering sea views, Grand Hyatt Limassol will be a captivating destination within a destination.
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The resort will have a 43,000-square-foot (4,000 square meter) beach club including premium spa and fitness facilities as well as an indoor pool and two outdoor pools.
“We’re delighted to work with Anolia Holdings Limited to bring the Grand Hyatt brand, known for its access to iconic locales, to the island of Cyprus,” said Takuya Aoyama, vice president development for Europe and Africa, Hyatt. “Grand Hyatt Limassol represents a key element of our growth strategy in Europe as we continue to seek opportunities to extend our resort footprint in the Mediterranean.”
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“We are thrilled to team-up with Hyatt on this development,” said Alexander Iakovlev, director of Anolia Holdings “The Grand Hyatt brand is synonymous with luxury and creating unique experiences for guests which remain authentic to the destination itself. In addition, given Limassol’s status as a financial capital of Cyprus, the hotel will not only attract leisure guests but may also prove popular for business travellers, conference-goers and event attendees.”