Grand Hyatt | June 01, 2022

CHICAGO (June 1, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today plans for Grand Hyatt CancĂșn Beach Resort, a new-build resort in Quintana Roo, Mexico in collaboration with ownership group Diestra Realty, S.A. de C.V. Anticipated to open in 2024 in time for the summer season, the 500-room luxury Grand Hyatt hotel will mark another milestone in Hyatt’s ambitious brand growth strategy in Latin America to meet growing leisure travel demand.

Situated in the eastern part of the Yucatan Peninsula with expansive views overlooking the Caribbean Sea and nearby Isla Mujeres, Grand Hyatt CancĂșn Beach Resort will be a captivating destination, featuring 500 guestrooms, of which 28 guestrooms feature their own plunge pool, and 46 are luxury suites, including one Presidential Suite; 11 dining concepts that will feature world-class chefs and iconic dishes reflective of the destination; six bars, including a lobby lounge bar, pool bar, and beach shack; an indoor and outdoor destination spa area and fitness center to connect guests with their physical and mental wellbeing; three swimming pools; and more than 16,000 square feet of dynamic, state-of-the-art gathering spaces designed to accommodate events of any size and kind. Additional offerings and amenities will include a kids club, activity center, business center and retail shops.

“CancĂșn is one of the most desired and booming leisure tourism destinations in the world, and we are thrilled to collaborate with the team at Diestra Realty to bring the iconic Grand Hyatt brand to this sought-after destination,” said Camilo Bolaños, Hyatt’s senior vice president of development for Latin America and the Caribbean. “Hyatt’s recent acquisition of Apple Leisure Group (ALG) and our expanded portfolio of all-inclusive luxury resorts demonstrates our focus on high-end leisure travel. The new Grand Hyatt resort will be a critical piece of our strategy to grow Hyatt’s luxury resort presence in key leisure destinations that our guests, World of Hyatt members, and owners are seeking.”

The resort will be located within Puerto CancĂșn, a master-planned residential resort community that includes a full-service marina, golf course, resorts, time-share, condominiums, single-family homes, state-of-the-art fitness and recreation center, protected natural reserve, and a lifestyle shopping mall offering an open-air shopping experience with over 220 tenants including fine dining, art galleries and children’s entertainment activities. A newly developed resort cluster will include the new Grand Hyatt CancĂșn Beach Resort. Strategically located between downtown CancĂșn and the CancĂșn Hotel Zone, Puerto CancĂșn intends to merge dynamic city life with a resort experience and environment, positioning the new Grand Hyatt hotel as an attractive destination for tourists and locals alike.

“Diestra Realty is delighted to work hand in hand with Hyatt to bring the luxurious Grand Hyatt CancĂșn Beach Resort to life. This will be our first Hyatt property in Mexico, and we anticipate a very successful collaboration,” said Jorge Paoli, CEO of Diestra Realty. “A great deal of work has gone into designing and developing the hotel to create an environment that exceeds the expectations of our guests. The beautiful turquoise waters of the Caribbean Ocean as the backdrop of the resort will ineluctably inspire couples, families, and leisure or business groups alike.”

Grand Hyatt CancĂșn Beach Resort will join 18 additional Hyatt-branded hotels in CancĂșn, including all-inclusive luxury resorts across the AMR Collection brands, giving guests and World of Hyatt members even more resort options and leisure experiences to choose from. Further, this property will mark an exciting milestone in the Grand Hyatt brand’s growth in the Americas, joining Grand Hyatt Baha Mar, Grand Hyatt BogotĂĄ, Grand Hyatt Nashville, Grand Hyatt at SFO, and Grand Hyatt Vail – all of which opened in the last five years.

For more information, please visit hyatt.com.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.