April 19, 2024

Hyatt to add 45 hotels by the end of 2023 as growth soars globally

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” Listening to our visitors, World of Hyatt members, and customers has never ever been more crucial,” Chu said.

Exposed at the throughout the 2022 Americas Lodging Investment Summit (ALIS) in Los Angeles today (Jan 24), the growth will see Hyatt expand its brand footprint in 11 brand-new leisure markets by the end of 2023.

” As we continue in our healing from the pandemic, we stay extremely deliberate about where the Hyatt brand name footprint grows to ensure were present in markets that matter most to the leisure-focused tourist of today and tomorrow.

Hyatt is set to open 45 new hotels throughout the globe over the next two years as the company continues its strong development.

” Our pipeline of new homes signals that Hyatt is well poised to provide against the demand for more leisure travel experiences in locations like Cozumel, Panama City, Punta Cana, and South Beach, and concern urban destinations, including Denver, Montréal, Oakland, and Memphis, which will invite the very first Caption by Hyatt hotel,” he said.

He said Hyatt has signed management and franchise agreements for hotels in 11 new markets and 19 existing markets throughout the Americas.

Hyatts executive vice president, international franchising and development, Jim Chu, stated the development is sustained by “growing leisure travel demand” and the brand-new properties will be across the businesss brand names, including Apple Leisure Groups (ALG) AMRTM Collection brand names.