Hyatt Place Expands in Morocco
Tuesday December 18th, 2012 - 12:56AM H
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TAGHAZOUT, MOROCCO—Hyatt Hotels Corp. plans to open a 150-room Hyatt Place hotel in this suburb of Agadir, Morocco, in 2014.
The Hyatt Place Taghazout will be part of a master planned development called Taghazout Bay. The upper-end, select-service hotel is the second Hyatt-brand hotel currently under development in Morocco, joining the previously announced Park Hyatt Marrakech, a luxury property scheduled to open in 2013.
Tags: • Hospitality • Ownership •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.