Hyatt Hotels Corporation has announced a pipeline of 127,000 rooms by the end of 2023, representing nearly 40% of Hyatt’s existing room portfolio while marking a milestone in its growth strategy for 2024 and beyond.
By 2025, Hyatt aims to add over 35 hotels globally within its luxury brands.
“We have been very intentional in our growth strategy and acquisitions, always prioritizing guest, customer and owner preference as well as differentiation, and taking bold steps to stay ahead of market trends,” “Guided by our purpose of care, we believe our most exciting chapter is ahead of us, and we are committed to reinforcing our position as the preferred hospitality brand.” – Mark Hoplamazian, president and chief executive officer, Hyatt.
Park Hyatt: Entering New Markets
Park Hyatt is set to make an impact in key global markets, including its debut in London with the Park Hyatt London River Thames.
Hyatt’s Inclusive Collection: A Focus on Europe
The Inclusive Collection is expanding its footprint in Europe, with the Zoetry Halkidiki Resort & Spa in Greece and the Dreams Madeira Resort, Spa & Marina in Portugal that are set to open in 2024.
Thompson Hotels: Gaining Momentum in Europe
Thompson Hotels is gaining traction in Europe, with upcoming brand debuts in Rome, Vienna, and Seville.
Hyatt Studios: Expanding into New Markets
Hyatt Studios, Hyatt’s upper-midscale extended-stay brand, is growing, reflecting the demand for Hyatt’s quality and experience in diverse markets.
Global Expansion Across All Collection
Hyatt’s growth extends across its brand portfolios, with new properties in the Independent, Timeless, and Boundless Collections. These include properties like the Hyatt Centric brand expansion in Canada and Asia Pacific, and the Caption by Hyatt brand debuts in Shanghai and Osaka.
Independent Collection Growth
The Unbound Collection by Hyatt is also growing with new properties, like the Hotel Flüela Davos, its first-ever property in a European alpine ski destination, situated in Switzerland. Another property is the Kennedy 89 in Frankfurt, which is slated to open its doors in the fall of 2024, catering to both business and leisure travelers.
Moreover, the JdV by Hyatt brand is extending its presence in Germany, in collaboration with Lindner Hotels. The me and all hotel berlin east side and the Lindner Hotel Boltenhagen, which opened in October 2023, are examples of this partnership.
Timeless Collection hotels: Hyatt Place and Hyatt House Development
The Hyatt Place and Hyatt House brands are key drivers of Hyatt’s expansion in Europe, with upcoming dual-branded developments in Leeds, UK, highlighting Hyatt’s strategy to cater to various market segments.
Inclusive Collection Resorts: Setting New Standards
The Inclusive Collection resorts are set to redefine immersive experiences with expansions in Mexico and the Caribbean. New properties under the Secrets Resorts & Spas and Dreams Resorts & Spas brands are expected to elevate the all-inclusive segment, offering unparalleled luxury and comfort.
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