Hyatt Announces Plans for Andaz Lisbon
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Feuring Hotel Lissabon GmbH & Co. KG for the first Andaz hotel in Lisbon. Expected to open in 2024, Andaz Lisbon will offer guests an exciting new luxury lifestyle hotel in the Portuguese capital - named one of the world's best destinations in 2019 - and it will represent a key milestone in Hyatt's continued brand growth in Southern Europe. Andaz Lisbon is set to become the second Hyatt-branded hotel in Lisbon following the planned opening of Hyatt Regency Lisbon in 2022.