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Hyatt announces plans for the former Byblos Hotel on Spain’s Costa Del Sol

Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a franchise agreement with a wholly owned subsidiary of Intriva Capital European Principal Investment Fund I LP to see the former iconic Byblos Hotel in Mijas redeveloped into a luxury 200-bedroom resort. The property, which has been closed since 2010, will be managed by Marugal Hotel Management and will mark the first Hyatt-branded hotel in Southern Spain.


Ayco Grupo Inmobiliaria S.A. acquired the five-star hotel in 2016 for around €60 million. Last year, the Madrid-based real estate company finally sold the hotel and the thalassotherapy centre on the 50,000 m² plot to Intriva Capital, who announced a reopening for 2021. According to current plans, the new Hyatt will not open before early 2022.

“We are delighted to collaborate with Intriva to redevelop and rediscover the splendor of this famous building and welcome it into The Unbound Collection by Hyatt portfolio,” said Nuno Galvao Pinto, regional vice president of development Europe, Hyatt. “The illustrious past and distinctive architecture of the hotel make it a perfect fit for the brand and we expect it to be a truly exceptional addition this collection of storied hotels. We look forward to further growing this exciting independent brand across Europe, inviting guests to create story-worthy experiences at unforgettable properties.”

Former iconic Byblos Hotel in Mijas. © Esteva I Esteva Arquitectura S.L.P.
Since its original opening in 1986, the hotel has been known as a hideaway for jet setters and royalty alike. The iconic blue and white building will be restored as a luxury resort reflecting memories from a golden age of travel, attracting independent-minded guests seeking a sophisticated yet unscripted experience.

“We are thrilled to team-up with Hyatt on this exciting project, restoring the iconic hotel to its former grandeur on the Andalusian coast,” said Tom Saunders, head of post-acquisition, Intriva. “We look forward to working with the local community to bring a new luxury resort to the area, underlining our commitment to the European leisure and hospitality sector at this challenging time. The hotel has a rich and exciting past that we intend to bring it to life once again supported by Hyatt.”