Hyatt to open hotel in Bucharest mixed-use development Nusco City
Real estate developer Nusco has signed an agreement for the opening of the first Hyatt hotel unit in Bucharest in Nusco City, a mixed-use development in the northern part of the city.
The Hyatt operator is entering the Bucharest market with the Hyatt Place and Hyatt House brands.
Hyatt Place will operate a 170-room, 4-star hotel in Nusco City, while Hyatt House will offer 100 extended-stay rooms.
Hyatt - through Hyatt Place and Hyatt House - will be located on more than 4,000 square meters of the Nusco City project.
Nusco will invest more than EUR 42 million in this hotel unit, the developer said.
Earlier this year, Hyatt also signed a partnership for a hospitality unit in Brașov, the city in central Romania.
"This project is a representative step towards expanding the mix of functionalities offered by Nusco City, transforming this area into a true urban hub. The partnership with Hyatt underlines our commitment to bring international standards to our developments," Bogdan Iliescu, commercial director of Nusco, said.