Real estate developer Nusco has signed a partnership agreement through which Hyatt will open its first hotel unit in Bucharest, in one of the largest urban regeneration projects in Romania – Nusco City.
Hyatt Place will operate a 170-room, 4-star hotel in Nusco City, while Hyatt House will offer 100 extended-stay rooms. Hyatt Place is a modern hotel brand designed for the dynamic traveler, and Hyatt House is a brand designed for extended stays, offering spacious and comfortable self-catering apartments.
Hyatt will be located on more than 4,000 square meters of the Nusco City project, and the developer Nusco will invest more than 42 million euro in this hotel unit. The project was brokered by Est Hospitality, a consulting company specializing in fast-growing Eastern European markets, with a focus on Romania, Moldova, Hungary and the Czechia.