Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a management agreement with wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, for the development of an Andaz-branded hotel at La Mer—a vibrant lifestyle district in the coastal area of Jumeirah. Expected to open in 2020, the property will become the first Andaz-branded hotel in Dubai and the second Andaz hotel in the United Arab Emirates, joining Andaz Capital Gate Abu Dhabi (expected to open in Q4 2018).
Delivering thoughtful, unscripted service for curious-minded guests in search of inspiring local experiences, Andaz Dubai La Mer will offer distinct experiences that immerse guests in the sights, sounds and tastes of Dubai. The hotel will also offer easy access to globally recognized landmarks such as the Dubai Mall, Burj Khalifa and the Dubai Frame.
HE Hesham Abdulla Al Qassim, CEO of wasl Asset Management Group, commented, "We are always seeking to add value to Dubai's hospitality market with stand-out projects in iconic locations. 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."
"At Hyatt, we are committed to offering meaningful experiences to our guests and bringing the right brands to the right places," said Ludwig Bouldoukian, Hyatt's Dubai-based regional vice president of development, Middle East and North Africa. "We're excited to introduce the Andaz brand to Dubai, as we believe the brand will bring to life the culture of this vibrant city. Given its location at La Mer, the hotel will provide the ideal setting for visitors looking to experience the ultra-modern, design-led façade of Dubai, something that will be integrated in the hotel's character. It is a pleasure to continue our work with wasl Asset Management Group to realise this vision."
Andaz Dubai La Mer will feature 156 rooms and suites, with 409-square-foot (38-square-meter) residential-style guestrooms highlighting key elements of the city through décor and design. To add to the area's thriving culinary scene, the hotel will offer two restaurants and a rooftop bar and pool area with stunning panoramic views. Meeting facilities, available to guests and locals, will encompass two residential-style studio rooms.
Logos, product and company names mentioned are the property of their respective owners.