Hyatt has opened its eighth property in London,
England.
The 142-room Hyatt Regency London Albert
Embankment enjoys a prime riverside location in close proximity to
some of the city’s
most notable attractions, including Westminster – home to landmarks
such as the Houses of Parliament, Trafalgar Square and Big Ben.
South Bank, an area
celebrated for its world-class arts and cultural venues, is a
short stroll from the hotel along the
River Thames, whilst
nearby Vauxhall Station provides direct access to many of the
city’s major travel hubs.
“London remains a priority market
for our planned brand growth in the U.K., and we are delighted to
add Hyatt Regency London Albert Embankment to our expanding list
of properties in the capital,” said Felicity Black-Roberts, vice
president development of Hyatt Europe. “This is the third Hyatt Regency branded hotel in the city, further demonstrating how Hyatt
is intentionally growing our brand portfolio in the U.K., bringing
our most renowned brands to the in-demand markets where our guests
and World of Hyatt members want to be.”
Many of the 142 guestrooms feature
floor-to-ceiling windows that provide immersive views of the
city’s iconic skyline, while on the 14th floor, a range of
executive suites offer king-size bedrooms and
relaxing lounge areas, accompanied by a private balcony for guests
to enjoy exclusive panoramas across London.
The hotel features a variety of F&B outlets
including a rooftop restaurant,
cocktail bar and shisha terrace; a fitness center with Technogym equipment;
and 15,273 square feet (1,419 square meters) of combined meeting
space.
“We are pleased about the collaboration with
Hyatt to open Hyatt Regency London Albert Embankment,” said Ivan
Drinkwater – Cannon Corporate spokesperson. “The hotel is set to
be the destination of choice for the millions of business and
leisure travelers who visit this corner of London each year. Our
team is ready to provide them with intuitive service and elevated
experiences amongst the bustle of one of the city’s most popular
areas.”
Hyatt Regency London Albert Embankment is the
13th Hyatt-affiliated hotel in the U.K. and eighth in London,
joining Hyatt Regency London – The Churchill; Great Scotland Yard
Hotel, part of The Unbound Collection by Hyatt portfolio; Andaz
London Liverpool Street, Hyatt Place London City East, Hyatt Place
London Heathrow Airport, Hyatt Regency London Stratford and Hyatt
House London Stratford, as well as the soon to be open Hyatt Regency London Blackfriars and Park Hyatt London River Thames.
According to December 2022 data from STR, London hotel ADR
and RevPAR came in higher than the 2019 comparable for an eighth
consecutive month with OR at 76.8%, ADR at
GBP206.87 and RevPAR at GBP158.89 for the month.
London’s ADR and RevPAR levels were up 31% and 25.1%,
respectively, from the pre-pandemic comparable. Like the rest of
the year, occupancy remained below the 2019 comparable (-4.5%).
Daily data for December shows London’s highest occupancy
levels were recorded on Saturday, 3 December (93.4%), and
Wednesday, 7 December (93.7%).
The market recorded daily occupancy
levels of 60% or higher throughout the month with only three days
falling below the 60% mark (22-24 December).
