M&L Hospitality, an affiliate of Hyatt Regency hotel in Sydney has entered into a management agreement that will see Four Points by Sheraton rebranded to Hyatt Regency Sydney at midnight on November 30, 2016.

Entering the Australian market during a time of growing demand for business, meetings, incentives, conferences and exhibitions and leisure travel, it marks the Hyatt Regency brand’s return to Sydney.

According to the Australian Bureau of Statistics, the market saw 7.6 million visitor arrivals for the year ending February 2016, an increase of 9 percent compared to the previous year.

David Udell, group president – Asia Pacific, Hyatt Hotels Corporation said, “Hyatt hotels have been operating in Australia for more than 30 years, providing a solid foundation for future growth in what is a dynamic market. This hotel will resonate with business and leisure travellers alike, and furthermore, we believe this hotel will be a leader in providing outstanding exhibition and function spaces so meeting planners can enable attendees to have a great experience.”

The hotel will feature more than 37,100 square feet (3,450 square meters) of state-of-the-art meeting spaces for events, including two ballrooms that can seat more than 1,000 people, which will be part of the new pillar-less convention centre with panoramic views of Darling Harbour. With a four-ton car lift and a four-ton goods lift, as well as a separate coach check-in facility for expedited registration for large groups, the hotel is positioned to become the preferred choice for conference organisers locally and globally.