A Hyatt affiliate has entered into a franchise agreement with a wholly owned subsidiary of Intriva Capital European Principal Investment Fund I LP (Intriva), a European private equity fund, to see the former Byblos Hotel in Mijas redeveloped into a luxury 200-bedroom resort.
The hotel will feature a health club and spa, indoor and outdoor pools, a cinema and a night club, family facilities including a kid’s club, and conference spaces for private events and meetings. The food and beverage venues at the hotel will reflect Andalusian culture with a rooftop bar.
It will be managed by Marugal Hotel Management.
“We are delighted to collaborate with Intriva to redevelop and rediscover the splendour of this famous building and welcome it into The Unbound Collection by Hyatt portfolio,” said Nuno Galvao Pinto, regional vice president of development Europe, Hyatt. “The illustrious past and distinctive architecture of the hotel make it a perfect fit for the brand and we expect it to be a truly exceptional addition this collection of storied hotels. We look forward to further growing this exciting independent brand across Europe, inviting guests to create story-worthy experiences at unforgettable properties.”
Tom Saunders, head of post-acquisition, Intriva, added: “We are thrilled to team-up with Hyatt on this exciting project, restoring the iconic hotel to its former grandeur on the Andalusian coast. We look forward to working with the local community to bring a new luxury resort to the area, underlining our commitment to the European leisure and hospitality sector at this challenging time. The hotel has a rich and exciting past that we intend to bring it to life once again supported by Hyatt.”
The resort will join other Hyatt-branded hotels in Spain, including Hyatt Centric Grand Via Madrid, Hyatt Regency Hesperia Madrid, Hyatt Regency Barcelona Tower, and Hotel SOFIA Barcelona.