Hyatt posts record global pipeline

Almost one in four properties under development is classified as a lifestyle hotel, representing 10% of the existing hotel base, further strengthening Hayat position in the luxury, lifestyle and leisure segments.

Dream driver

A notable driver of this growth is the upcoming acquisition of assets of Dream Hotel Group’s lifestyle hotel brand and management platform, which is expected to bring established lifestyle hotel brands – including Dream Hotels, Unscripted Hotels and The Chatwal – to the Hyatt portfolio.

The deal will expand the Hyatt brand’s footprint in strategic destinations including Nashville, Hollywood, Las Vegas, South Beach, St. Lucia, Doha and New York. It will also mark the entry of the firm’s brands into markets such as New York’s Catskills and Mexico’s Valle de Guadalupe.

Inscription cultivation

Additionally, the Caption by Hyatt brand – which combines the design and comfort of a luxury lifestyle hotel with the flexibility of a select service hotel – is poised for significant growth following the successful opening of Caption by Hyatt Beale Street Memphis in 2022. .

The brand is expected to increase its presence in Tennessee with Caption from Hyatt Chattanooga in collaboration with 3H Group (expected 2024) and entered California with both Caption from Hyatt Roseville in collaboration with LRE & Companies and American Hospitality Services and Caption from Hyatt Sacramento in collaboration with Presidio Hotel Development and 29th Street Capital (both due in 2026). The Caption by Hyatt brand is expanding internationally with previously announced properties expected to open ShanghaiChina and Tokyo and OsakaJapan in 2023, Vietnam in 2025 and Sydney, Australia in subsequent years.

Park progress

Hyatt expects additional organic growth in its luxury, lifestyle and leisure offerings worldwide. For example, the Park Hyatt brand is set to re-establish its presence in South Africa Park Hyatt Johannesburg at the end of 2023 and to enter Morocco with Park Hyatt Marrakechoffering a luxury resort with Moroccan influences.

The brand will also return to London with Park Hyatt London River Thames and expanding into the Asia-Pacific region with Park Hyatt Taipei (Taiwan), Park Hyatt Kuala Lumpur (Malaysia) and Park Hyatt Phu Quoc (Vietnam) in 2024.

Andaz expansion

In 2023, the Andaz brand will expand into new markets, including Andaz Doha in Qatar, which will feature locally inspired design and contemporary art, offering guests distinctive touchpoints and dining options, including a signature South African restaurant and a Singaporean street food restaurant.

In Asia and the Pacific, Andaz Pattaya Jomtien Beach in Thailand will provide a secluded beachfront retreat, providing ways for guests to connect with local Thai culture. In China, Andaz Macau will be located in the meeting and events destination, Galaxy International Convention Center, and will debut as the largest Andaz hotel in the world with more than 700 rooms and suites. plus Andaz Nanjing Hexi in Greater China will combine the eclectic spirit of modern Nanjing with the history of local academic culture.

Cross section of the collection

Hyatt’s Boundless Collection and Independent Collection, which range from upscale to luxury lifestyle brands, have a robust lineup of expected openings in 2023 and 2024. The Thompson Hotels brand will grow with two urban oases that will debut in the U.S. with Thompson Palm Springs and Thompson Houston.

The Hyatt Centric brand is set to expand into premium destinations that connect guests to the heart of the action, including Hyatt Centric Congress Avenue Austin, Hyatt Centric Zhongshan Park Shanghaiand Hyatt Centric Xi’an Gaoxin. elsewhere Numu Boutique Hotel, part of The Unbound Collection by Hyattis expected to open in San Miguel de Allende, Mexico.

The Destination by Hyatt brand will make its Florida debut with an 18-hole golf resort Banyan Cay Resort & Golf in West Palm Beach as well as in Asia Pacific with Grand Resort in Qingchengshan, China. Plus JdV by Hyatt will head to Rhode Island for the first time with The Pell, a waterfront hotel located in the middle of Aquidneck Island in Middletown, and will be introduced to Goa with the anticipated opening of Ronil, located on 1.6 acres of waterfront land in Baga, India.

All inclusive goes global

Hyatt’s luxury all-inclusive resorts have a robust pipeline of expected openings in 2023, driven by growth in popular Black Sea destinations in Bulgaria and the recent launch of Secrets Impression Resorts & Spas.

This line of adults-only boutique resorts recently opened Secrets Impression Moxche Playa del Carmen in Mexico in December 2022 and expects to welcome its second property nearby, Secrets Impression Isla Mujereslater this year.

Soaring curated service

With more than 400 Hyatt Place and nearly 130 Hyatt House properties in destinations around the world, Hyatt’s select services brands continue to expand their customer base to attract vacation travelers. The Hyatt House brand recently underwent a rebrand to celebrate all travel occasions, long and short.

The group is expected to add to its range of Hyatt Place and Hyatt House properties globally in the coming years, including in key emerging leisure hotspots and business travel destinations in the US and Canada, such as Hyatt House Traverse City (Michigan), Hyatt House Bozeman (Montana), Hyatt Place Cape Canaveral (Florida), Hyatt House Roseville (California), Hyatt Place Toronto – Downtown/Jarvis Street (Ontario) and Hyatt Place Mississauga – Airport Corporate Center (Ontario). In addition, in 2023, the brands are expected to enter the international market Guyana and Estonia.

Long-term strategy

Jim Chooexecutive vice president, chief growth officer, Hyatt, said: “Through our focused long-term growth strategy and by working closely with owners, Hyatt boasts five years of industry-leading organic net room growth.

“Owners want to work with us because of our experience, performance track record and optimal positioning in the industry. We have a global scale, but we are nimble enough to create personal relationships, draw on our own experiences and lead with empathy.”