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Driven by care for today’s luxury traveler and their wellbeing priorities, Hyatt elevates its leadership position with an intentional growth strategy across its luxury Timeless, Boundless, Independent, and Inclusive Collection brands
Hyatt Hotels Corporation (NYSE: H) shared today Hyatt’s strong development pipeline of more than 35 planned luxury hotels and resorts globally through 2025 across the Park Hyatt, Grand Hyatt, Miraval, Alila, Andaz, Thompson Hotels, and The Unbound Collection by Hyatt brands, as well as Inclusive Collection brands Zoëtry Wellness & Spa Resorts and Dreams Resorts & Spas.
While maintaining its asset-light approach, Hyatt has doubled the number of luxury rooms, tripled the number of resort rooms, and quadrupled the number of lifestyle rooms in only five years. With 70% of its rooms categorized as luxury and upper upscale, the Hyatt portfolio has grown to meet increased demands for luxury and resort accommodations while upholding consistent, top-tier quality, personalized experiences, and bespoke service.
At large, travel and tourism are expected to increase by approximately 12% of global GDP by 2033 according to a recent World Travel & Tourism Council report. In turn, Hyatt’s luxury portfolio is expanding to meet that demand in new international markets. This includes the debut of Park Hyatt hotels in the UK, Mexico, and Malaysia; the Thompson Hotel brand’s expansion in Europe with the first properties in Austria and Italy; the Andaz brand’s growth in the Americas with its first hotel in the Caribbean; The Unbound Collection by Hyatt brand’s first properties in the Nordics and India; as well as Hyatt luxury growth in the trending destination of Portugal, with the planned openings of Andaz Lisbon and Dreams Madeira Resort, Spa & Marina.
“The upcoming addition of these new hotels and resorts across our global luxury portfolio in sought-after destinations where travelers want to go most reinforces our leadership in this space,” said Mark Vondrasek, Chief Commercial Officer, Hyatt. “Our continued, purposeful growth in the year ahead will follow an insight-led approach, focused on listening to our guests, customers and World of Hyatt members and their evolving travel needs such as a growing desire for immersive and distinct experiences that prioritize wellbeing.”
A recent Ipsos report found that across Europe, Africa and the Middle East, common factors driving the travel decision-making process are availability of wellbeing offerings (approximately 30% on average) and the opportunity for new experiences (approximately 31% on average). Additionally, through listening to what matters most to guests and members, Hyatt understands that affluent, worldly travelers are seeking luxury hotels that value the purpose of their stay and proactively plan around their needs. In turn, Hyatt luxury hotels take special care in developing one-of-a-kind experiences and excursions curated personally for each guest, including the awe-inspiring, experiential wellbeing programming that they value the most. Notable holistic wellbeing offerings include:
World of Hyatt recently unveiled reimagined program benefits for members, including newly expanded World of Hyatt Milestone Rewards designed to offer more awards and more choice at more milestones, allowing members to choose earning points for future free nights, enhancing stays with suite upgrades As part of this evolution, eligible travel advisors will be offered new pathways to earn status and milestones and are invited to extend care even further with the ability to gift new and exciting Milestone Rewards as well as Globalist status to clients or colleagues.
Hyatt also continues to grow thoughtfully through acquisitions, expanding its portfolio for guests and members with the recently announced acquisition of Mr & Mrs Smith. The integration planned for the near future will unlock direct booking access to hundreds more boutique and luxury hotels including in 20+ countries where there are currently no Hyatt hotels.
“Hyatt’s luxury growth strategy is purposefully ambitious and in the coming years, we will continue to grow with intent through a focus on key leisure destinations, and top-tier brands’ ability to personalize experiences for each guest, member and client, through care,” added Heidi Kunkel, Senior Vice President Commercial Services, EAME. “We value our relationship with travel advisors and look to work together on finding new ways to advance care for them and their clients through the transformative growth of our luxury offerings and evolving World of Hyatt benefits.”
Please see below for a pipeline of Hyatt luxury openings through 2025.
Timeless Collection hotels deliver the comforts of a home away from home with a consistently elevated experience, with exciting openings including:
Boundless Collection hotels that will make their debut and deliver best-in-class offerings and compelling experiences designed to excite and inspire, include:
Independent Collection hotels are all unique – from storied properties and vibrant neighborhood locales to immersive retreats. New openings include:
Inclusive Collection, part of World of Hyatt, resorts deliver immersive, elevated experiences where everything is seamlessly included, with expected new resorts including:
For information on Hyatt’s existing brand portfolio, please visit www.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.
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About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of September 30, 2023, the Company’s portfolio included more than 1,300 hotels and all-inclusive properties in 76 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Vacation Club®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Dream® Hotels, Hyatt Centric®, and Caption by Hyatt®; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt®, and JdV by Hyatt®; and the Inclusive Collection, including Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith™, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.
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