Thu, 12 January 2023

Hyatt Opens Riverside Hotel in London, England

(12/01/23)  Hyatt has opened its eighth property in London, England.

The 142-room Hyatt Regency London Albert Embankment enjoys a prime riverside location in close proximity to some of the city’s most notable attractions, including Westminster - home to landmarks such as the Houses of Parliament, Trafalgar Square and Big Ben.

South Bank, an area celebrated for its world-class arts and cultural venues, is a short stroll from the hotel along the River Thames, whilst nearby Vauxhall Station provides direct access to many of the city’s major travel hubs.

River view from a room at Hyatt Regency London Albert Embankment. Click to enlarge.
River view from a room at Hyatt Regency London Albert Embankment

“London remains a priority market for our planned brand growth in the U.K., and we are delighted to add Hyatt Regency London Albert Embankment to our expanding list of properties in the capital,” said Felicity Black-Roberts, vice president development of Hyatt Europe. “This is the third Hyatt Regency branded hotel in the city, further demonstrating how Hyatt is intentionally growing our brand portfolio in the U.K., bringing our most renowned brands to the in-demand markets where our guests and World of Hyatt members want to be.”

Many of the 142 guestrooms feature floor-to-ceiling windows that provide immersive views of the city’s iconic skyline, while on the 14th floor, a range of executive suites offer king-size bedrooms and relaxing lounge areas, accompanied by a private balcony for guests to enjoy exclusive panoramas across London.

The hotel features a variety of F&B outlets including a rooftop restaurant, cocktail bar and shisha terrace; a fitness center with Technogym equipment; and 15,273 square feet (1,419 square meters) of combined meeting space.

“We are pleased about the collaboration with Hyatt to open Hyatt Regency London Albert Embankment,” said Ivan Drinkwater – Cannon Corporate spokesperson. “The hotel is set to be the destination of choice for the millions of business and leisure travelers who visit this corner of London each year. Our team is ready to provide them with intuitive service and elevated experiences amongst the bustle of one of the city’s most popular areas.”

Hyatt Regency London Albert Embankment is the 13th Hyatt-affiliated hotel in the U.K. and eighth in London, joining Hyatt Regency London – The Churchill; Great Scotland Yard Hotel, part of The Unbound Collection by Hyatt portfolio; Andaz London Liverpool Street, Hyatt Place London City East, Hyatt Place London Heathrow Airport, Hyatt Regency London Stratford and Hyatt House London Stratford, as well as the soon to be open Hyatt Regency London Blackfriars and Park Hyatt London River Thames.

Hotel ADR and RevPAR in London

According to December 2022 data from STR, London hotel ADR and RevPAR came in higher than the 2019 comparable for an eighth consecutive month with OR at 76.8%, ADR at GBP206.87 and RevPAR at GBP158.89 for the month.

London’s ADR and RevPAR levels were up 31% and 25.1%, respectively, from the pre-pandemic comparable. Like the rest of the year, occupancy remained below the 2019 comparable (-4.5%).

Daily data for December shows London’s highest occupancy levels were recorded on Saturday, 3 December (93.4%), and Wednesday, 7 December (93.7%).

The market recorded daily occupancy levels of 60% or higher throughout the month with only three days falling below the 60% mark (22-24 December).

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