Hyatt Regency Brand Enters One Of The Oldest Mediterranean Cities

Hyatt Hotels Corporation H has opened Hyatt Regency Izmir IstinyePark, located in Balçova, Turkey.
Balcova is one of the oldest cities in the Mediterranean.
The establishment marks the sixth Hyatt branded property in Turkey, and the second Hyatt Regency hotel in the country.
The hotel has 160 guestrooms with views over the Gulf of Izmir.
"This is a monumental day – we are excited to welcome guests and World of Hyatt members to the culturally rich port city of Izmir," said Zafer Canbaz, the hotel's general manager.
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Price Action: H shares closed higher by 3.52% at $95.22 on Friday.