hyatt
Hyatt and Grupo Piñero Plan to Form Strategic Venture for Growth of Bahia Principe Hotels & Resorts Brand
Hyatt Hotels Corporation | October 28, 2024
Strategic joint venture will strengthen Hyatt’s position as a global leader in the all-inclusive space and boost the growth of Grupo Piñero's hotel division and its ability to reach new clients in key markets. CHICAGO, & PALMA DE MALLORCA, Spain--Hyatt Hotels Corporation today announced plans for affiliates of Hyatt and Grupo Piñero to enter into a long-term asset-light strategic joint venture, headquartered in Palma de Mallorca, Spain, which will manage Bahia Principe-branded hotels and resorts and own the Bahia Principe brand. The 50/50 joint venture is expected to expand Hyatt’s all-inclusive room portfolio by approximately ...
The Perennial Tianjin Opens in China Joining the JdV by Hyatt brand
JdV by Hyatt | October 25, 2024
CHICAGO (October 25, 2024) – Hyatt Hotels Corporation announced today the opening of The Perennial Tianjin, a part of the JdV by Hyatt portfolio. As the fourth hotel to join the JdV by Hyatt brand in Greater China, The Perennial Tianjin brings a new level of style to the dynamic Tianjin South Railway Station Business District, creating a vibrant cultural hub for urban travelers. Located in the Tianjin South Station Business District, The Perennial Tianjin is nestled within The Perennial International Health and Medical Hub, a mixed-use complex that integrates healthcare, senior living, hospitality, and commercial facilities. Enjoy...
Hyatt Centric Santo Domingo Opens in the Dominican Republic
Hyatt Hotels Corporation | October 25, 2024
CHICAGO (October 25, 2024) — Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Centric Santo Domingo, the first Hyatt Centric branded hotel in the Caribbean. Located within the stylish Ensanche Piantini neighborhood, this new lifestyle property welcomes savvy business and leisure travelers to explore the historical and modern sites in the Dominican Republic’s capital, from high-end shopping to upscale dining and entertainment, as well as the UNESCO World Heritage Site recognized Colonial Zone, renowned for its 16th-century architecture and iconic landmarks such as Alcázar de Colón and the Cathedral of the America...
Hyatt Enters Joint Venture with China Resources Land to Expand Portfolio Across China
Hyatt Hotels Corporation | October 16, 2024
CHICAGO (October 16, 2024) Hyatt Hotels Corporation announced today that affiliates of Hyatt and China Resources Land (CR Land, stock code: 01109.HK) have entered a joint venture and signed a strategic collaboration agreement to expand Hyatt’s brand presence across China. This is part of Hyatt’s asset-light expansion of its brands in Hyatt’s second largest market. Under the initial plans, the joint venture, Yuen Kai Holdings Limited, will develop and manage hotels including six existing Mumian hotels in Beijing, Shenzhen, Chengdu, Hangzhou, and Rizhao as well as two new Mumian hotels in Shaoxing and Shanghai that are set to open in t...
Landmark Hotels, Inc. Breaks Ground for Hyatt Place Sonoma Wine Country in St. Helena, California
Landmark Hotels | October 16, 2024
ST. HELENA, Calif., Oct. 16, 2024 -- Landmark Hotels, Inc. celebrated a blessing and groundbreaking ceremony at the site of the Hyatt Place Sonoma Wine Country on Wednesday, October 9th with ownership, project team members and the Sonoma County community in attendance. The highly awaited start of construction follows more than five years of work to seek the necessary entitlements before final permitting in October. The 165-unit hotel will feature brand style accommodations with a regional design palate, where guests can enjoy thoughtfully designed guestrooms featuring distinct zones for sleep, work and play. These guestrooms have been ...
Bruno Belletti Named General Manager of Hotel la Compañía in Casco Antiguo, Panama
Hotel La Compañía | October 8, 2024
CASCO ANTIGUO, Panama – (October 2024) – Hotel La Compañía is pleased to announce the appointment of Bruno Belletti to the role of General Manager. Belletti brings two decades of international hospitality experience to this iconic landmark as well as a passion for creating exceptional guest experiences in Panama. In his role as General Manager, Belletti will oversee all aspects of the hotel's operations, ensuring the highest standards of service and guest satisfaction. He will also lead the hotel’s dedicated team, focusing on both day-to-day management and long-term growth. Belletti is committed to preserving the hotel’s unique ...
Hyatt Select Service Pipeline in the Americas Grows by More than 25% Over the Past Three Years Including Over 4,000 Pipeline Hyatt Studios Rooms
Hyatt Hotels Corporation | October 7, 2024
CHICAGO-Hyatt Hotels Corporation today announced significant growth in its select service pipeline, with a ~25% increase in the Americas over the past three years. As of June 30, 2024, this segment represents over 50% of Hyatt’s total pipeline in the Americas. Complementing growth in lifestyle, luxury and all-inclusive, Hyatt’s select service portfolio remains a key driver for market expansion and generating awareness and enrollment in World of Hyatt, the industry’s fastest growing loyalty program. Through owner-driven innovation, Hyatt is advancing its select service brands, focusing on operational efficiency and profitability. Ac...
Hyatt Completes Acquisition of Standard International and Its Iconic Hotel Brands, The Standard and Bunkhouse Hotels
Hyatt Hotels Corporation | October 2, 2024
CHICAGO (OCTOBER 2, 2024) – Hyatt Hotels Corporation (NYSE: H) today announced the completed acquisition of the brands and most of the affiliates of pioneering lifestyle hospitality company Standard International, parent company of The Standard and Bunkhouse Hotels brands. This acquisition enhances Hyatt’s leading position in the industry’s premier lifestyle segment, building on both Hyatt’s organic growth and a series of acquisitions that quintupled the number of lifestyle rooms in Hyatt’s global portfolio between 2017 and 2023. The 100% asset-light portfolio includes management, franchise and license contracts for 22 open hote...
