Hyatt Hotels agrees wasl Asset Management Group
Hyatt Hotels Corporation has announced that an affiliate has entered into a management agreement with wasl Asset Managemet Group for the development of an Andaz branded hotel in Dubai.
The property, which will be located at La Mer, a lifestyle district in the coastal area of Jumeirah, is expected to open in 2020. It will become the first Andaz branded hotel in Dubai and the second Andaz hotel in the UAE.
Hesham Abdulla Al Qassim, CEO of wasl Asset Management Group, said: “This new venture with Hyatt is yet another seal of quality that aligns with our vision to offer superior real estate and lifestyle options to enhance the guest experience. Andaz Dubai La Mer will enrich our portfolio and introduce more than 150 rooms and suites in the dynamic area of Jumeirah.”
Andaz Dubai La Mer will feature 156 rooms and suites, with two restaurants and a rooftop bar and pool area. Also, it will encompass two residential style studio rooms.
Source: Arabian Business
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