Market Overview

Grand Hyatt Athens Opens in Greek Capital


New property marks the first Hyatt hotel in Athens and first Grand
Hyatt in Greece

Hotels Corporation
(NYSE:H) announced today the opening of Grand
Hyatt Athens
, marking the first Hyatt hotel in the Greek capital and
the first Grand Hyatt branded hotel in Greece. The luxury property is
located on Syngrou Avenue next to the Onassis Cultural Centre and
combines dramatic architecture with innovative design, easily accessible
to historic sites and best-in-class restaurants.

The vibrant city of Athens offers countless activities for all types of
visitors. At the same time, it is also known as the historic capital of
Europe – an ancient city with rich culture, iconic sites and attractions.

"Athens is fast becoming the destination of choice where ancient history
sits alongside modern coffee shops and rooftop bars," said Nikos
Trikourakis, general manager of Grand Hyatt Athens. "Our hotel will
offer guests who seek first-class hospitality unforgettable experiences
and a luxurious place to stay."

Celebrating iconic Greek culture, the 309-room hotel incorporates
curated art reminiscent of ancient Athens. Alongside original pieces
from the Museum of Cycladic Art, the hotel also showcases a glamorous
lobby with an extraordinary art installation called The Coin, which is
made from replicated, ancient Athenian coins representing the Greek
economic supremacy in the fifth century BC. The property's rooftop also
offers the spectacular Penthouse Restaurant and an outdoor swimming pool
with impressive views of the Acropolis.

Grand Hyatt is situated within walking distance of the beautiful old
town of Plaka and the infamous Acropolis site, while golf courses, the
passenger port terminal of Piraeus and the golden beaches of the Athens
southern suburbs are just a short car ride away.

The hotel will be managed by Kokari
and has been developed by the international real estate
investment companies Henderson Park and Hines. It will be the second
Hyatt property in Greece, joining Hyatt Regency Thessaloniki.


Designed with bold and vibrant features, the hotel has 309 beautifully
decorated guestrooms, 38 of which are suites, including the Presidential
Suite, Royal Suite and four Grand Executive Suites with terraces. The
rooms feature spectacular views of either the Acropolis, the cityscape
or the inner landscaped garden, and offer a spacious and luxurious stay.
Additionally, suite and club room guests have exclusive access to the
Grand Club Lounge, which provides lavish surroundings, personal
concierge services and culinary highlights throughout the day.


The impressive rooftop restaurant is set on the hotel's top floor
overlooking the brightly lit Acropolis neighborhood of Athens through
transparent glass surfaces and offers guests the extraordinary
experience of fresh, seasonally-inspired Mediterranean cuisine. For a
more relaxed environment, guests can also dine in the Aphrodite lobby
lounge & bar, a modern and comfortable lounge-style restaurant offering
patisserie selections, salads and deluxe sandwiches.

Wellbeing and Fitness

Grand Hyatt Athens has a stunning rooftop outdoor swimming pool with
breathtaking views of the Acropolis and the Parthenon. The wellness
center features four private treatment rooms, an indoor heated swimming
pool, relaxation lounges, a sauna and a Turkish bath, known as a Hammam
(to open in early 2019) - offering a destination of serene luxury and

Meetings and Events

Grand Hyatt Athens offers the perfect venue for every type of event with
almost 21,500 square feet of flexible event space and seven flexible
multi-functional meeting spaces accommodating up to 1,000 guests.
Conference facilities are equipped with the latest audio-visual
technology paired with dedicated personal assistance at all times to
ensure that events and meetings run smoothly.

For more information, please visit

The term "Hyatt" is used in this release for convenience to refer to
Hyatt Hotels Corporation and/or one or more of its affiliates.

About Grand Hyatt

Around the world, Grand Hyatt hotels unlock the extraordinary in every
moment by creating experiences beyond expectation. Located at the
crossroads of local culture and global business within major gateway
cities and resort destinations, each Grand Hyatt hotel is uniquely
designed to reflect its own distinct environment and provides a hub for
travelers and locals alike. Grand Hyatt hotels exemplify the pursuit of
life lived grandly offering guests superior service, first-class
accommodations and an abundance of options within a multicultural
backdrop of dramatic architecture and innovative design. Grand Hyatt
properties boast inventive restaurants, luxury spas, fitness centers,
and business and meeting facilities. Grand Hyatt hotels stand to make
every moment memorable through their commitment to living grand every
day. For additional information or to make a reservation, please visit Follow
@GrandHyatt on Facebook
and Instagram,
and tag photos with #GoGrand.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a portfolio of 14 premier brands. As of March
31, 2018, the Company's portfolio included more than 700 properties in
more than 50 countries across six continents. The Company's purpose to
care for people so they can be their best informs its business decisions
and growth strategy and is intended to attract and retain top
colleagues, build relationships with guests and create value for
shareholders. The Company's subsidiaries develop, own, operate, manage,
franchise, license or provide services to hotels, resorts, branded
residences, vacation ownership properties, and fitness and spa
locations, including under the Park Hyatt®, Miraval®, Grand
Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®, The Unbound
Collection by Hyatt
TM, Hyatt
Place®, Hyatt House®, Hyatt Ziva
Hyatt Zilara
TM, Hyatt Residence
and exhale® brand names. For more
information, please visit

About Kokari Limited

KOKARI is part of Y&T Daskalantonakis KNOSSIAN Group. The Group have had
ownership and management interest in a well-diversified portfolio
ranging from 4 stars to 5 star and deluxe properties (among others King
George Palace Athens, Corfu Imperial, Mykonos Blue, Macedonia Palace)
with over 40 hotels with more than 10,000 rooms in Greece and
South-Eastern Europe, with an aggregate value that exceeds USD 2
billion. Currently the Group is a shareholder and management operator of
Sofia Hotel Balkan in Sofia Bulgaria and Metropol Palace in Belgrade
Serbia both Starwood Luxury Collection Hotels. Both properties are
considered to be the most historical and prestigious luxury hotels of
Sofia and Belgrade respectively, located in the heart of both cities
recognized as architectural landmarks. Most recently the Group acquired
the ex-Radisson Park-Inn in Sofia, Bulgaria and is in the process of a
renovation and rebranding program in order to convert it to a 5 star
Internationally Branded hotel. The Group has long-standing relationships
with major US and UK Private Equity Real Estate firms investing in hotel

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