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Hyatt to bring 1st Hyatt Centric-branded hotel to Iceland

A Hyatt Hotels Corp. affiliate entered into a franchise agreement with H176 Reykjavík ehf, a unit of Icelandic real estate company Reitir fasteignafélag hf, to launch a Hyatt Centric-branded hotel in Reykjavík, Iceland.

The former Icelandic National Broadcasting Service headquarters along Laugavegur Street will be redeveloped into the 169-room Hyatt Centric Reykjavík, which is slated to open in 2022.