September 9 (SeeNews) - US hospitality company Hyatt Hotels Corporation [NYSE:H] said that it intends to expand its portfolio with five all-inclusive resorts in Bulgaria.
The planned resorts will be located in Sunny Beach and Obzor along the Bulgarian Black Sea coast, Hyatt said in a press release on Thursday.
The resorts are expected to open in 2023 and 2024 and will be managed by Hyatt’s local partner Terra Tour Service EOOD. The sites will rebrand to the existing Secrets Resorts & Spas, Dreams Resorts & Spas, Breathless Resorts & Spas and Alua Hotels & Resorts brands following significant renovations.
The beachfront resorts will be part of Hyatt’s new global portfolio Inclusive Collection, which consists of distinct luxury all-inclusive resort brands.
The expansion will mark Inclusive Collection’s entry into a third European country, following Spain and Greece.