apple leisure group
Hyatt Teams Up With Be Live Hotels to Expand Inclusive Collection in the Caribbean
Hyatt Hotels Corporation | March 15, 2023
CHICAGO (March 15, 2023) – Hyatt Hotels Corporation (NYSE:H) today announced a multi-property collaboration with Be Live Hotels that will include the growth of the Sunscape Resorts & Spas brand in the Caribbean. The deal is expected to expand Hyatt’s Inclusive Collection, which was introduced following Hyatt’s acquisition of Apple Leisure Group in 2021, by nearly 2,000 rooms. Two Be Live Hotels properties in the Dominican Republic, owned by Spanish hospitality company Globalia, will be renovated and transformed into Sunscape Resorts & Spas. The renovated hotels are expected to open in 2023, bolstering the family-friendly b...
Apple Leisure Group President & CEO Alejandro Reynal to Depart Following Three-Year Tenure
Hyatt Hotels Corporation | September 19, 2022
CHICAGO (September 19, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today that Apple Leisure Group President & CEO Alejandro Reynal has decided to pursue opportunities outside of Apple Leisure Group, following a tenure of three years with the company, which was acquired by Hyatt in November 2021. His last day with Hyatt will be September 30, 2022. “I am filled with deep gratitude and respect for Alejandro’s leadership throughout the acquisition and our strong first year as one company,” said Mark Hoplamazian, President and Chief Executive Officer, Hyatt. “With expertise and passion, Alejandro has led the ALG team t...
Hyatt Completes Acquisition of Apple Leisure Group
Hyatt Hotels Corporation | November 2, 2021
CHICAGO – November 2, 2021 – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has completed the previously announced acquisition of Apple Leisure Group® (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC. Hyatt is doubling its global resorts footprint through the addition of ALG’s AMR™ Collection brand portfolio, which comprises approximately 100 hotels and resorts operating in 10 countries, as well as a pipeline of 24 executed deals in the Americas and Europe. As a result, Hyatt now offers one of the largest collections of l...
Hyatt to Acquire Apple Leisure Group From KKR and KSL Capital Partners Affiliates for $2.7 Billion
Hyatt Hotels Corporation | August 16, 2021
Acquisition accelerates asset-light transformation; launches Hyatt’s commitment to sell additional $2 billion of hotel assets by the end of 2024; Doubles Hyatt’s global resorts footprint with accretive net rooms growth over the coming years with global expansion of AMR Collection™ brands like Secrets®, Dreams® and Zoëtry®; Hyatt to Discuss Transaction on Webcast Scheduled for Monday, August 16 at 7:30 a.m. CDT CHICAGO – August 16, 2021 – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group...
Renovation and Conversion Strategies to Beat the ‘Revenge’ Travel Rush
Javier Coll | June 9, 2021
By Javier Coll With increased vaccine rollout, travel passports and easing restrictions, there is great opportunity for hospitality companies to seize the coming wave of travelers. The Caribbean sector is already experiencing a steady increase in occupancy rates comparable to 2019 numbers (Caribbean Invest). American travelers will look to the proximity of Mexico and the Caribbean as travel resumes, encouraging owners to focus on creating environments with newer, flexible and customizable experiences to fit their needs. Meaningful renovations and conversions that are both time and budget-conscious can push a hotel or resort brand the ...
Apple Leisure Group and Hesperia Hotels & Resorts Debut Secrets Lanzarote Resort & Spa in Canary Islands
Apple Leisure Group | December 12, 2019
NEWTOWN SQUARE, PA – December 12, 2019 - AMResorts®, an Apple Leisure Group® (ALG) company, and Hesperia Hotels & Resorts, one of leading hotel groups in Spain, announced today the debut of the second Secrets® Resorts & Spas branded property in Europe with Secrets Lanzarote Resort & Spa. Following a €10 million renovation, the resort opened on December 9, and is located close to Lanzarote airport and alongside the beautiful marina of Puerto Calero. The property is owned and managed by Hesperia Resorts & Hotels. “We are thrilled to debut this new property on the island of Lanzarote, which marks another successful mi...
Apple Leisure Group Names Alejandro Reynal Chief Executive Officer
Apple Leisure Group | September 3, 2019
NEWTOWN SQUARE, Pa. -- Septemer 3, 2019 -- Apple Leisure Group®, ("ALG"), one of the world's leading travel, leisure and hospitality management groups, announced today the appointment of Alejandro Reynal as Chief Executive Officer. In a planned transition, Reynal will succeed Alex Zozaya, who will serve in a full-time capacity as Executive Chairman and lead the Board of Directors. Both appointments are effective September 3, 2019. In his new role, Reynal will oversee ALG which is comprised of a collection of leading subsidiary companies including AMResorts®, an award-winning resort brand management company with 66 branded resorts; de...
Apple Leisure Group and NH Hotel Group Form Strategic Alliance to Jointly Operate Beachfront Resorts in Europe
Apple Leisure Group | May 17, 2018
Apple Leisure Group (ALG) and NH Hotel Group (NH) today announced that the companies have formed a strategic alliance to bring AMResorts' award-winning brands to Europe. An ALG company, AMResorts will debut in Spain with its Secrets Resorts & Spas adults-only brand, and Dreams Resorts & Spas family-friendly brand, as well as introduce Amigo Hotels & Resorts, a new three-star brand offering a concept completely different to the collection's existing offerings. AMResorts will oversee brand management and sales while NH will maintain operational management of the resorts. The first four hotels in AMResorts' European portfolio a...
