Hyatt Plans To Launch Two New Hotels In UK

Hyatt Hotels Corp H said its affiliate has entered into management agreements with Stratford City Hotels Limited, a wholly-owned subsidiary of M&L Hospitality, for Hyatt Regency London Stratford and Hyatt House London Stratford.
The 225-room Hyatt Regency London Stratford and the 127-room Hyatt House London Stratford are expected to open in Q2 2022.
"The addition of these two hotels will be another exciting step in growing Hyatt's brand presence in the United Kingdom and in creating a network of hotels across the key commercial and leisure markets in the country," said Felicity Black Roberts, VP of development Europe, Hyatt.
The hotels will join M&L Hospitality's existing Hyatt properties.
Price Action: H shares closed lower by 3.24% at $86.94 on Wednesday.

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