Hyatt has partnered with H176 Reykjavík ehf, a subsidiary of Icelandic real estate company Reitir fasteignafelag hf, to open the first Hyatt branded hotel in Iceland.

The 169-room Hyatt Centric Reykjavík will debut in 2022 in Laugavegur, the main street of Reykjavík, located east of the city centre in an area seeing rapid business growth. It would be a 40-minute drive from Iceland’s main international airport and a ten minute walk to the city centre.

The hotel will be housed in a redeveloped building of the former headquarters of the Icelandic National Broadcasting Service.

It will feature three food and beverage outlets, including a pop-up rooftop bar overlooking Iceland’s cityscape, and approximately 200 sqm of meeting facilities. The hotel will also have its own car park for guests to use.

“Over the past year we have spent a great deal of time understanding the Nordic market and getting to know the hotel developers and owners in Iceland. Hyatt Centric Reykjavík will mark the first Hyatt hotel in Iceland, an important milestone for us,” says Peter Norman, senior vice president of development, Hyatt.

Hyatt Centric Reykjavík will join the growing Hyatt Centric portfolio in Europe with Hyatt Centric La RosièreHyatt Centric Milan CentraleHyatt Centric Murano Venice,  Hyatt Centric Gran Via MadridHyatt Centric Levent Istanbul and the newly opened Hyatt Centric The Liberties Dublin.