Hyatt brand to double presence in Canada

|About: Hyatt Hotels Corporation (H)|By:, SA News Editor

Hyatt (NYSE:H) announces plans to expand the Hyatt Place and Hyatt House brand footprint in Canada with the signing of new management and franchise agreements.

The company says a Hyatt affiliate entered deals for nine Hyatt Place hotel and three Hyatt House hotels to increase the brand presence in the region to 21 hotels within the next few years.

“We believe the new agreements being announced today, along with the previously announced properties under development, demonstrate growing confidence among owners and developers in the strength of the Hyatt Place and Hyatt House hotels in Canada," says Hyatt development VP Scott Richer.

Source: Press Release