Tag Archives: Pipeline
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...
