Tag Archives: Hyatt
New 130-Key Hyatt Centric Opens in the Dominican Republic
Lifestyle Hyatt 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 Americas.With 130 guestrooms and suites, the hotel's modern and contemporary design is inspired by the work of Dominican artist, Thimo Pimentel, visible through art and ceramic installations using a terracotta red, white, and black color palette. The use of natural materials and colorful wooden sculptures by local artist, Patricio Correa,...
Hyatt Shares Plans to Acquire Standard International
Lifestyle CHICAGO, IllinoisHyatt Hotels Corporation announced the planned acquisition of the brands and most of the affiliates of lifestyle company Standard International, the parent company of The Standard and Bunkhouse Hotels brands. This move builds on Hyatt’s organic growth and acquisitions that quintupled the number of lifestyle rooms in Hyatts global portfolio between 2017 and 2023. The transaction is anticipated to close later this year, subject to customary closing conditions.With this transaction, Hyatt will form a new dedicated lifestyle group that will be headquartered in New York City. Led by Standard International’s Executive Chairman Amar Lalvani, the lifestyle group will leverage Hyatt’s operational and loyalty infrastructure while assuming leadership across functions including experience creation, design, marketing, programming, public relations, restaurants, nightlife, and entertainment. The new lifestyle group will be made up of the Standard International...
Hyatt Acquires the me and all hotels Brand, Positioning Conversion-Friendly Lifestyle Brand for Growth Across Europe and Beyond
Lifestyle me and all dusseldorf oberkassel — Photo by Lindner HotelsHyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has acquired the me and all hotels brand from Lindner Hotels AG (Lindner) to unlock growth in new European markets and build on Hyatt’s strong momentum in the region. This move builds on the successful strategic collaboration that Hyatt and Lindner entered into in 2022, which significantly increased Hyatt’s brand footprint in Germany and Europe, with the subsequent integration of most Lindner Hotels & Resorts and me and all hotels into the World of Hyatt loyalty program. Following the transaction, me and all hotels, which is currently a nested brand within Hyatt’s JdV by Hyatt brand, will become a standalone brand within Hyatt’s global lifestyle portfolio, which has quintupled in rooms between 2017 and...
Hyatt Pipeline Grows 85 Percent Since 2017, Reaches 129,000 Rooms
Lifestyle CHICAGOHyatt Hotels Corporation reported its pipeline has grown by nearly 85 percent since 2017, reaching a record 129,000 rooms. Hyatt has doubled luxury rooms, tripled resort rooms, and quintupled lifestyle rooms since 2017.Hyatt’s ability to lead the industry in net rooms growth for seven years is a result of our unique approach to development,” said Mark Hoplamazian, president and CEO, Hyatt. “We strategically expand our portfolio of brands, intentionally selecting new and existing markets to enhance our network effect for owners and guests. Our commitment to thoughtful organic growth and strategic acquisitions amplifies our asset-light business model. Our goal is not to be the largest hospitality company, but the company most valued by colleagues, guests, and owners.Additionally, the World of Hyatt loyalty program has quadrupled its membership since 2017 and is up 22 percent...
