Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with a Tamdeen Group subsidiary for Hyatt Regency Al Kout Mall, which will re-introduce the Hyatt Regency brand into Kuwait, and further build Hyatt’s growing portfolio in the Middle East. The announcement marks the second collaboration between Hyatt and Tamdeem Group, following the Grand Hyatt Kuwait, set to open in 2020. Hyatt Regency Al Kout Mall is currently undergoing a major renovation and is set to debut in January 2019. The property will be an integral part of the multifaceted Al Kout Development, Kuwait’s largest waterfront, retail and leisure destination that offers world-class retail, lifestyle, dining, entertainment and leisure experiences in one destination.
