An affiliate of Hyatt Hotels has signed a franchise agreement with Bay Street to develop the first Hyatt-branded hotel in Malta.

The hotel, to be located on the coastal destination of St. Julian, will be a 153-room resort once itopens in 2021.

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Hyatt regional vice president development, Europe Guido Frederich said: “We are thrilled to announce plans for the first Hyatt-branded property in Malta, a country rich in historic architecture and now quickly becoming one of the most sought after destinations for business and leisure travel.

“This is a great opportunity to build on the current Hyatt Regency brand presence in Southern Europe, and we look forward to working with the highly experienced developers, Bay Street Holdings, to open a new, exclusive hotel in the area.”

Hyatt Regency Malta will be located only a few steps away from the beach and marina. It is in close proximity to Malta’s international airport and the UNESCO World Heritage City of Valletta.

The hotel will additionally offer flexible event spaces and a five-storeyed underground car parking facility.

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Bay Street Holdings chief executive officer Albert Galea said: “We are delighted to be working with Hyatt to bring a new resort offer to St. Julian’s – one of Malta’s most in-demand destinations.

“At Hyatt Regency Malta, guests will enjoy the seamless, intuitive experiences the brand is well recognized for.”

Hyatt Regency Malta will add to the Hyatt Regency brand portfolio in Europe, along with Hyatt Regency Nice Palais de la Méditerranée, soon to open Hyatt Regency Barcelona Fira and Hyatt Regency Hesperia Madrid, and the recently announced Hyatt Regency Lisbon.

Based in the US, Hyatt Hotels manages and franchises luxury hotels, resorts, and vacation properties.