A Hyatt Hotels Corp. affiliate has entered into a franchise agreement with 3M Hotels Group for the first Hyatt hotel in Krakow, marking the return of the brand to Poland.
The Hyatt Place Krakow will have 216 guestrooms and will be managed by Hotel Professionals Management Group. The hotel is expected to open in 2021.
The hotel will be located in an upscale neighborhood west of the city center, a 15-minute walk to the National Museum, Jagiellonian University and the Old Town.
Hyatt Place Krakow will have approximately 300 square meters of meeting space, a 180-square-meter workout area connected to a relaxation zone with dry and steam saunas, two food and beverage outlets: the Zoom restaurant and the Lobby Bar.
This development is only the latest addition to Poland’s booming hotel sector. Last year was historic for the country’s commercial real estate investment market, with the total value of transactions expected to exceed €6.3 billion.