Hyatt Regency Cape Town Open in South Africa

Main Photo: The bedroom style at the new Hyatt Regency Cape Town

Date: January 2021

Location: Bo-Kaap neighbourhood, Cape Town, South Africa

Name: Hyatt Regency Cape Town

No. of Keys: 137

Seller: The hotel was formerly the Hilton Cape Town City Centre

Buyer: Millat Properties, part of Millat Group – a private family office, is the finance behind this new hotel. The Group has a strong investment portfolio which includes real estate, direct investments, and private equity holdings. It owns flagship assets in South Africa and internationally.

Located at the foot of Table Mountain, the 137-room Hyatt Regency Cape Town is a welcome addition to the Rainbow Nation’s burgeoning hospitality scene.

With the launch of Hyatt Regency Cape Town, Hyatt now has eight properties across Africa – including two in South Africa. The property, which caters for both business and leisure travellers, is situated in the Bo-Kaap neighbourhood, with convenient access to Table Mountain, the V&A Waterfront and Robben Island Ferry.

“We are extremely excited to welcome guests to the first Hyatt hotel in Cape Town,” said Asif Raza, general manager of Hyatt Regency Cape Town. “For business travellers, the hotel provides easy access to the financial district and Cape Town International Convention Centre, while its location in the colourful Bo-Kaap neighbourhood makes it a great base for leisure travellers too.

“The hotel’s tranquil ambiance and modern design will ensure a stress-free guest experience and we are proud that we can now offer the renowned Hyatt Regency service to visitors to South Africa in both Johannesburg and Cape Town.”

Each of the hotel’s 137 well-appointed guest rooms benefit from generous floor-to-ceiling windows, which afford expansive views out over the city. The property also boasts its own signature eatery, 126 Cape Kitchen and Cafe, serving up local, regional and international fare, as well as a pool deck where guests can enjoy a cocktail or two while taking in the scenery of Signal Hill.

In addition, Hyatt Regency Cape Town has 174 sqm of meeting and event space, with six meeting rooms and two boardrooms capable of accommodating up to 140 guests.

Hamza Farooqui, Chief Executive Officer of Millat Properties, commented: “It has been fantastic to work with the team at Hyatt. To open on time, as promised, despite the extraordinary circumstances of 2020 is testament to the hard work of everyone involved. With Hyatt Regency Cape Town now up and running in its iconic location – we look forward to progressing other opportunities for the benefit of South Africa, and internationally.”

Peter Fulton, Group President EAME/SWA at Hyatt, said: “We are extremely excited to welcome guests to the first Hyatt hotel in Cape Town. For business travellers, the hotel provides easy access to the financial district and Cape Town International Convention Centre.

“This is also one of the quickest openings we’ve had. We have been delighted to work with an owner who knows the hotel business and how to operate in-country.” Yunus Hoosen, Head of Investment Promotion at the Department of Trade, Industry and Competition, said: “It is fantastic to see the Hyatt Regency Cape Town open its doors for the first time and show South Africa is very much open for business. We are confident of welcoming other international brands and companies and building on this positive momentum for the hospitality sector and South Africa. Tourism and the hospitality sector is now on a rebound and important drivers for our economic recovery and job creation.”

Rick Ross, Global Chair of Hotels & Leisure at Dentons, lead counsel on the negotiation of the management agreement with Hyatt, commented: “The Farooqui family has great pride of ownership regarding this hotel, and I am proud to have helped them negotiate their agreement with Hyatt.

Pooja Shah-Mulani, Design Director, LW, who coordinated the redesign of the hotel, said: “We are so thrilled to be working with Millat and Hyatt on this project in the beautiful city of Cape Town. It is our first project on the continent and has been a unique experience so far. We were tasked to create a fresh new look that was simple, refined yet comfortable. Given the incredibly fast turnaround and a ‘post Covid opening’ it was a great opportunity to think of design in a different way. We have thought of materials and applications to give a maximum impact with minimum disruption and the result has been phenomenal.”

THPT Comment: Congrats all round on the successful opening of this new hotel, a welcome addition to this part of Cape Town.

First Seen: Cision PR Newswire

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

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