New Hyatt hotel opens in Malta

Hyatt Hotels Corporation has celebrated the opening of Hyatt Centric Malta, marking the debut of the Hyatt Centric brand in Malta. As the seventh Hyatt Centric in Europe, this expansion reflects Hyatt’s accelerated brand presence in countries bordering the Mediterranean, with a portfolio spanning 13 different brands and over 80 properties. Located in the heart of St. Julian’s, the island’s bustling resort town and coastal gem, the hotel is ideally situated for guests to explore the island and its history.

Central location

Nestled on one of St. Julian’s most vibrant streets, Hyatt Centric Malta is just moments away from the scenic marina, world-class restaurants, and pristine beaches, and nearly 7 miles from the UNESCO World Heritage city of Valletta. The property also serves as a launchpad for those wanting to experience popular nearby dive sites, such as the Blue Hole and Blue Lagoon, placing adventurous travellers in the heart of the action.

“The opening of Hyatt Centric Malta is an important addition to the fast-growing Hyatt Centric brand, joining six existing European properties, as we further strengthen our lifestyle and leisure portfolio in Europe,” said Michel Morauw, Managing Director, EAME North, Hyatt. “We are delighted to unlock opportunities for adventurous travellers to explore this thriving destination.”

Modern design reflecting the destination

Boasting 170 guest rooms, this newly built hotel incorporates modern design touches that embrace an open space layout, creating an airy and inviting atmosphere while also speaking to Malta’s rich history, scenery and traditions. Each room is appointed with contemporary furnishings, striking a balance between sophistication and comfort. The urban style is enriched by a palette inspired by Malta’s vibrant colours, adding warmth and a sense of place. From the blue guestroom doors with bold bronze accents that mimic traditional Maltese homes, to the natural, earthy tones running throughout the hotel that symbolize the colours of the country – Hyatt Centric Malta has been thoughtfully designed to reflect the local culture.  

Locally inspired dining experiences and wellness

At the hotel’s restaurant, JUMU, guests can indulge in tantalizing flavours such as ‘il- tarja moqlija’, ‘torta tal laham’, and its signature ‘JUMU market’ which are designed to have a contemporary take on the location’s past, whilst still respecting its roots. While dining, guests will enjoy a vibrant ambience, which captures the essence of the Mediterranean. In addition to offering fresh, locally sourced dishes, the menu promises innovative creations to surprise and delight every palate.

In addition to its exceptional culinary offering, Hyatt Centric Malta offers signature leisure and wellness experiences for guests to relax and recharge. After a day of exploration, guests can also enjoy the hotel’s rooftop pool offering unparalleled views of the surrounding sea. The boutique wellness centre offers an indoor pool, treatment room, hot tub, and Finnish sauna. A dedicated gym with the latest equipment caters to those looking to stay active and energized during their stay.

For a smaller reception, business lunch or dinner, Hyatt Centric Malta has a dedicated 1,808 square feet of event space including three meeting rooms.

"We are thrilled to welcome guests to the first Hyatt Centric hotel in Malta, in the beautiful town of St. Julian’s,” said Andrea Farrugia, hotel manager, Hyatt Centric Malta. “The hotel creates an engaging guest experience that not only captures the essence of Malta but also offers savvy travellers a wealth of culture and historical experiences on their doorstep.”

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Hyatt Hotels Corporation celebrates the opening of AluaSoul Costa Adeje in Tenerife.

                                  The 226-room adults-only hotel, located on the southern coast of Tenerife, offers travellers the opportunity to explore local attractions and activities while enjoying the conveniences of an all-inclusive hotel.

Hyatt Hotels Corporation celebrates the opening of AluaSoul Costa Adeje in Tenerife. The opening further expands Hyatt’s brand presence in the Canary Islands and supports its continued commitment to providing more distinct options for guests and members seeking unique experiences.

“The debut of AluaSoul Costa Adeje strengthens Hyatt’s brand presence in the region, to meet the growing demands of travellers,” said Manuel Melenchón, managing director of South Region EAME at Hyatt. “Offering multiple accommodation options tailored to guest and member preferences, the new hotel provides a flexible experience in Europe, perfectly complementing the destination’s blend of relaxation, adventure and entertainment.”

As part of the Alua Hotels & Resorts brand within Hyatt’s Inclusive Collection portfolio, AluaSoul Costa Adeje offers guests the services of an all-inclusive hotel, with multiple boarding options designed to cater for every type of traveller. With its fresh, modern feel, the hotel is perfectly positioned for those seeking comfortable amenities for recharging after a day of exploring.

“Ideally located on the beautiful island of Tenerife in the Canary Islands, AluaSoul Costa Adeje boasts stunning views of the Atlantic Ocean with modern facilities, bright spaces and flexible options for guests to enjoy their ideal vacation experience,” said Elena María Hernandez, general manager of AluaSoul Costa Adeje. “The hotel is perfect for global travellers, providing modern accommodations designed with comfort in mind and tailored to meet the needs of every guest.”

As part of Hyatt Hotels’ goals of supporting the local community, most renovation materials and furnishings have been locally sourced.

Convenient Location

Located in Costa Adeje on the southern coast of Tenerife, AluaSoul Costa Adeje is nestled on a seafront promenade near beaches, shopping centres, bars and restaurants, with easy access to local attractions, such as Puerto Colón Marina, La Pinta Beach, Teide National Park, Drago Park, and Los Gigantes Cliffs. A culinary paradise for seafood lovers, Costa Adeje’s vibrant food scene combines traditional Canarian flavours with rich international fusions to create a mix of fresh, local dishes that perfectly complement the stunning backdrop of the Tenerife coast and local culture.

Convenient Accommodations

Hyatt brand reaches new peaks with Cheyenne Mountain Resort in Colorado Springs

The mountainside resort will complement the diverse collection of Destination by Hyatt hotels through immersive year-round guest experiences amidst breathtaking landscapes.

Hyatt Hotels welcomes Cheyenne Mountain Resort to the Destination by Hyatt brand, extending even more true-to-place experiences in new destinations for guests and World of Hyatt members. Nestled among the scenic wonders of the Rocky Mountains with 316 guestrooms and suites, Cheyenne Mountain Resort invites adventurers, nature enthusiasts, relaxation seekers and business travellers alike to connect to the destination with immersive outdoor experiences and local touches.

World of Hyatt

Located a short drive from both the central downtown and Colorado Springs Airport, Cheyenne Mountain Resort embodies the Destination by Hyatt brand ethos, offering travellers the opportunity to enjoy the local culture and Colorado-inspired accommodations which refresh the spirit and uplift the senses. As an inviting gateway to the best of Colorado Springs, the resort provides a dynamic mix of adventure and authentic connections for travellers coming from near and far.

“Cheyenne Mountain Resort perfectly embodies the Destination by Hyatt portfolio, inviting guests to enjoy the natural beauty and adventure-filled stays Colorado Springs offers through a local lens,” said Katie Johnson, Vice President, Global Brand Leader for Hyatt’s Independent Collection brands. “The addition of this unique hotel reflects Hyatt’s commitment to expanding the Destination by Hyatt brand presence in meaningful ways with distinct hotels that celebrate the unique essence of their locations.”

An Unforgettable Gateway to Experience a Deep Sense of Place

Surrounded by picturesque views of the Rocky Mountains and overlooking a tranquil 35-acre lake, Cheyenne Mountain Resort serves as an ideal base camp for exploration. Guests can dive into countless year-round activities, including hiking trails leading to panoramic views of Pikes Peak, serene lakeside moments where they can dive into a new book or build sandcastles at the lakefront beach. The resort’s proximity to activities such as kayaking through Curr Reservoir and visiting Garden of the Gods, a world-renowned natural landmark, ensures that each stay is a one-of-a-kind and enriching journey.

“We are excited to join the Destination by Hyatt brand to introduce our hotel’s elevated guest experience to those who have come to know and trust Hyatt hotels with their stays – whether travelling with family to explore a new destination or for team-building experiences among colleagues,” said Jess Johnson, Director of Sales and Marketing, Cheyenne Mountain Resort. “The resort blends personalized service with memorable experiences – all authentically rooted in the local atmosphere, making it a perfect getaway to reconnect with self and those who matter the most.”

The resort is comprised of 100,000 square feet of indoor and outdoor space featuring 316 well-appointed guestrooms and suites, designed for warm and welcoming comfort, with many accommodations offering private balconies with stunning views of the mountains or the lake. There are five swimming pools onsite as well as access to 16 tennis courts, eight pickleball courts and an 18-hole Pete Dye-designed golf course. The resort's commitment to well-being and outdoor recreation is further enhanced by its state-of-the-art, 9,000-square-foot fitness centre offering complimentary fitness and aquatics classes, plus outdoor courts for beach volleyball and basketball. Guests can unwind at the Alluvia Spa and Wellness Retreat with a range of rejuvenating treatments, including soothing aromatherapy massages, energy-balancing sessions and refreshing facials, designed to restore both the body and mind.

Distinct Event Spaces & Tastes for Any Occasion

Cheyenne Mountain Resort offers an exceptional setting for events and corporate meetings, featuring 40,000 square feet of versatile meeting space. With 38 meeting rooms, including scenic outdoor venues like the Cheyenne Courtyard and Grand Rivers Terrace, the resort accommodates everything from intimate boardroom meetings to large events of up to 600 attendees.

Led by Executive Chef James Wilson, a Le Cordon Bleu-trained chef dedicated to using fresh, locally sourced ingredients, various onsite dining experiences are available. Guests can start their day with breakfast at Mountain View Restaurant, featuring stunning panoramic views of the surrounding landscape. For a laid-back evening, Elevations Lounge offers craft cocktails, local brews and shareable plates in a cosy setting – perfect for unwinding after a day of exploring the great outdoors or conquering business meetings. Whether dining indoors or al fresco, every meal promises a taste of Colorado Spring’s rich flavours and welcoming spirit.

 

World of Hyatt

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Hyatt Hotels has entered into agreements with partners for a new property in Australia, the Andaz Gold Coast

Hyatt Hotels has entered into agreements with partners for a new property in Australia, the Andaz Gold Coast will be part of an integrated resort masterplan, The Star Gold Coast will open in mid-2025.

“We are thrilled to announce plans to bring the Andaz brand to Australia’s premier resort destination in collaboration with The Star Gold Coast,” said David Udell, group president, Asia Pacific, Hyatt. “Hyatt has had a brand presence in Australia for over 40 years, and we are excited to expand our luxury, lifestyle and leisure offerings into sought-after destinations like the Gold Coast. This resort will complement our current portfolio of 10 hotels under five distinct brands in Australia, including Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt Centric and Hyatt Place.”

The Star Gold Coast General Manager of Hotels Steve McPharlin said, “We are delighted to welcome Andaz Gold Coast to our world-class tourism and entertainment precinct. As part of The Star Gold Coast’s AU$2 billion (approximately US$1.33 billion) masterplan, we are proud to continue our investment in this dynamic city while also providing new employment opportunities alongside vibrant hospitality experiences.”

Hyatt growing rapidly in the Americas region......

One of the globe's leading hotel companies, Hyatt Hotels is rapidly expanding its luxury and lifestyle hotels in the Americas region with the news that more than 20% of planned openings are across the U.S., Canada, Mexico, Latin America and the Caribbean.

This planned growth will expand Hyatt’s brand footprint in several new regional markets, allowing Hyatt to care for guests and World of Hyatt members in more places and on more stay occasions.

It is no secret that Hyatt has been on an upward trajectory since 2017, as it has doubled the number of luxury rooms, tripled the number of resort rooms, and quintupled its number of lifestyle rooms globally. This growth marks out Hyatt as the fastest-growing luxury portfolio with the largest number of luxury-branded rooms in resort locations worldwide.

Crystal Vinisse Thomas, vice president and global brand leader for Hyatt's luxury and lifestyle brands said: "We are engaged with our guests and World of Hyatt members and taking in their feedback helps us strengthen our understanding of the key markets and leisure experiences that resonate with and excite them the most. -  From Deer Valley to Miami to Valle de Guadalupe, Mexico, our luxury and lifestyle brands’ expansion in new and key markets is driven by our desire to offer travellers more opportunities to explore the unique communities our hotels are a part of and the chance to embark on incredible experiences with Hyatt.”

Looking ahead, Hyatt will offer guests more iconic lifestyle brands and experiences through the planned acquisition of lifestyle pioneer Standard International. Enhancing its position as a leading lifestyle hospitality leader, Hyatt will launch a new dedicated lifestyle group that will include The Standard and Bunkhouse Hotels brands, as well as many of its world-class restaurant and nightlife affiliates (The Boom Boom Room, The Standard Grill, Le Bain, and more). Following the transaction’s close, Hyatt is planning to welcome Standard International properties into World of Hyatt, bringing even more celebrated lifestyle options to its 48 million loyalty members.

See below for newly opened and coming soon properties from Hyatt.

Hyatt Place Aurangabad Airport opens

Hyatt Hotels Corporation has celebrated the opening of the Hyatt Place Aurangabad Airport, the second Hyatt Place hotel in the state of Maharashtra and the eleventh Hyatt Place hotel in India market.

The 150-room property exemplifies the Hyatt Place brand’s intuitive design, casual atmosphere, and elevated amenities.  It is located near both Chhatrapati Sambhajinagar (Aurangabad) Airport and the city’s economic zones such as Shendra MIDC and Waluj MIDC, the hotel combines style, innovation and 24/7 amenities to create an easy-to-navigate experience for today’s multi-tasking traveler. The property is close to nearby tourist attractions such as historical landmark, Bibi ka Maqbara, and provides guests with easy access to the renowned UNESCO World Heritage sites of the Ajanta and Ellora caves.

Hyatt Place Aurangabad Airport delivers a seamless transition from work to relaxation and is the perfect base for guests traveling to the city of Aurangabad for business and leisure. The hotel’s extensive facilities include multiple dining options including Zing offering all day dining, Zing Bar and The Market, specialized event and meeting spaces, a fitness center, and a swimming pool.

“Hyatt Place Aurangabad is the seventh Hyatt-branded property in the State of Maharashtra, highlighting our commitment to this region. We are excited to continue our strategic expansion, extending our presence to destinations that align with our guests' preferences and offering owners and developers the opportunity to leverage our global distribution network and benefits of the World of Hyatt loyalty program,” said Dhruva Rathore, Vice President of Development, India & Southwest Asia, Hyatt.

Commenting on the opening, Amit Jain, General Manager at Hyatt Place Aurangabad Airport said, “We are thrilled to bring the Hyatt Place brand to Chhatrapati Sambhajinagar (Aurangabad), offering a global level of comfort and convenience to both business and leisure travelers. Our dedicated team looks forward to providing exceptional service and ensuring every guest's stay is memorable and enjoyable.”

Hyatt Place Aurangabad features 150 spacious rooms, each designed and outfitted with the latest amenities and features to meet the needs of the modern-day traveler.  Every room has a state-of-the-art media and work center, a 55-inch Smart TV, a comfortable Cozy Corner Sofa and beautifully designed bathrooms. The property also boasts five suites each with a balcony, one King Suite and elevated décor and furnishings to let guests rest and unwind as well as their own private outdoor space with a pool view.

The property offers guests a variety of culinary options to enjoy on the premises. The on-site restaurant Zing offers an extensive buffet and a’la carte menu with inspired Asian, Italian and Indian offerings. Zing Bar located in the hotel lobby provides an ideal space to relax while sampling a selection of spirits and cocktails. Guests on the move can also stop by at the grab n’ go café The Market for a freshly brewed coffee, sandwich, or bakery item. Guests can also order in-room dining from the menu available.

Hyatt Place Rouenopens

Hyatt Hotels Corporation confirmed the opening of Hyatt Place Rouen, expanding the Hyatt Place brand’s global footprint in markets that matter most to guests and World of Hyatt members. Combining style, innovation and 24/7 convenience, the new hotel features a modern design, casual atmosphere, and practical amenities, such as three meeting rooms, a restaurant with French regional cuisine, an onsite spa with a heated pool and treatment rooms, and a state-of-the-art fitness centre.

Hyatt Place Rouen is conveniently situated in the heart of Rouen, a pleasant stroll from iconic sites such as the Musee des Beaux-Arts de Rouen and the Gothic Cathedrale Notre-Dame de Rouen, and located within a former teacher training college dating back to 1886. Just a two-hour drive away from Paris, with unparalleled access to the charming countryside and historical sites of Normandy, Hyatt Place Rouen is an ideal choice for both work and relaxation, situated in the third most visited region in France.

The hotel offers panoramic views overlooking the city’s skyline of “a hundred spires”, and this outlook is reflected in the interior design with a steel blue palette evoking the Seine River and stormy Norman skies. This complements the muted yellow tones, in a nod to the region’s renowned Calvados spirits and the warmth of the local culture. Stripes feature throughout the property, as a reference to the half-timbering characteristic of the old town area. Within the “Jardins des Oeuvres”, three striking sculptures add to the hotel’s charm and character. Seamlessly blending contemporary style and comfort, Hyatt Place creates an easy-to-navigate experience for today’s modern traveller.

Commenting on the opening, Michel Morauw, Managing Director Hyatt EAME North said, “Hyatt Place Rouen captures the essence of Rouen’s rich history while providing the modern traveller with a comfortable, convenient and memorable stay, whether visiting for a short business break, or a leisurely getaway to explore the region’s culture and history. Hyatt Place Rouen marries classical charm with contemporary sophistication, and further expands the brand’s presence in one of our key markets, offering guests and World of Hyatt members exceptional experiences in sought-after destinations.”

Hyatt plans Park Hyatt Sapporo for 2029

Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with Heiwa Real Estate Co. Ltd., for a new Park Hyatt hotel in Sapporo. Scheduled to open in 2029, the hotel will be situated in the economic and cultural centre of the Hokkaido Prefecture in northern Japan. It will be the fourth Park Hyatt branded hotel in the country and will complement the award-winning Park Hyatt Niseko Hanazono, a luxury mountain retreat located in Hokkaido’s leading ski resort.

The hotel will be conveniently located in a mixed-used tower under development at the intersection of the famed Odori Park and bustling Sapporo Ekimae-dori, the city’s main commercial and business thoroughfare. Spanning the 27th through 35th floors, it offers magnificent views of the park and city. The building will be designed by celebrated architect Kengo Kuma, who is renowned for his innovative ability to blend architecture and the natural world. Park Hyatt Sapporo will offer 157 luxurious rooms and suites, world-class culinary and wellness experiences, an indoor swimming pool and inspiring spaces for meetings and events.

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Hokkaido’s year-round attractions now account for the most inbound overnight stays and tourism spending of any regional area in Japan, separate from the nation’s three major metropolitan areas [source: Japan Ministry of Land, Infrastructure, Transport and Tourism]. Japan’s northernmost island of Hokkaido is known for rugged wildernesses, superb powder snow, sumptuous seafood, intriguing indigenous culture and more. The city is easily accessible by 90-minute flights from Tokyo, and eventually by high-speed rail when the Bullet Train extends to Sapporo in the early 2030s. As Japan’s fifth-largest city, Sapporo itself has become a favored destination. Tanuki Koji shopping street and the Susukino entertainment district bustle with tourists year-round, while Sapporo’s iconic winter landscape has been named one of Japan's top sights to behold.

People at the Tanukikoji Shopping Street

“Park Hyatt Sapporo is our second collaboration with Heiwa Real Estate, after Caption by Hyatt Kabutocho Tokyo, which is set to open in 2025,” said David Udell, group president, Asia Pacific, Hyatt. “We sincerely appreciate their confidence in Hyatt, and we are honoured to join with them in elevating the luxury offerings in this dynamic city. We are excited to be part of the ongoing transformation of Sapporo, as more discerning business and leisure travelers, including World of Hyatt members, head north to discover Hokkaido.”
“With a superb location in central Sapporo, Park Hyatt Sapporo will become a luxury home-away-from-home for those looking to experience Sapporo's rich selection of attractions,” said Kiyoyuki Tsuchimoto, representative executive officer, president and chief executive officer of Heiwa Real Estate. “This development project is the starting point of our new growth strategy, as we contribute to Sapporo's evolving stature as one of Japan’s leading cities. We are confident that our collaboration with Hyatt will be another highly successful one.”
Park Hyatt Sapporo will join Hyatt’s growing Japan portfolio of 21 hotels encompassing nine brands, including Andaz, Grand Hyatt, Hyatt Regency, Hyatt Place, Hyatt House, Caption by Hyatt, and The Unbound Collection by Hyatt. Hyatt is steadily increasing its brand presence in Hokkaido with Park Hyatt Hanazono which opened in early 2020, as well as the vibrant Hyatt Centric brand, which is set to debut in Sapporo in 2026. -

Opening of Grand Hyatt Kunming.....

The 331-room hotel offers a distinctive luxury retreat in the heart of Kunming, blending elegance and opulence with the essence of Yunnan culture

Hyatt Hotels Corporation announced this week the opening of Grand Hyatt Kunming, marking the debut of the Grand Hyatt brand in the heart of  China’s scenic southern Yunnan province, unveiling a new landmark of modern luxury and exceptional service inspired by Yunnan’s rich culture and charm.

Housed in Kunming’s prestigious Spring City 66 plaza, Grand Hyatt Kunming, together with Grand Hyatt Residences Kunming, a Grade-A office tower and luxury shopping mall with top-notch international brands in the complex, immerses guests in a one-stop destination for premium business, shopping, dining, entertainment and living in the heart of the city.

“We are thrilled to launch Grand Hyatt Kunming in collaboration with Hyatt, reinforcing our commitment to bring the best to Kunming and showcase the best of Kunming to the world. The opening further strengthens Spring City 66’s leadership as a premier lifestyle destination in Southwest China and injects new energy into the city’s travel, lifestyle, and business sectors, creating compelling spaces that enrich lives,” said Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties.

“With its focus on delivering elevated experiences in iconic destinations, we are excited to announce introduction of the Grand Hyatt brand to the beautiful city of Kunming,” said Stephen Ho, President Greater China and Growth, Asia Pacific at Hyatt Asia Pacific. “This opening is a splendid addition to Hyatt’s luxury portfolio, and its central location provides guests the perfect opportunity to discover all that the city has to offer.”

Known as the “Spring City” for its year-round spring-like climate, Kunming offers endless attractions for culture, food and nature lovers alike, from markets and museums to stunning forests and lakes, all easily accessible from the hotel’s unparalleled location. Neighbouring attractions include Jinma Biji Square and Nanqiang Street, famed for its night market. The hotel is also steps from the Yunnan International Convention Center and Tuodong Sports Stadium, and only a two-minute walk from DongFeng Square metro station.

“We are delighted to welcome guests to Grand Hyatt Kunming, offering a tranquil haven of elegant living directly connected to Spring City 66, a landmark luxury shopping and lifestyle destination. Through the hotel’s distinctive design, innovative culinary experiences and heartfelt service, we look forward to creating unforgettable memories for our guests and providing a gateway to discover the richness and beauty of Yunnan culture,” said Louis Low, general manager, Grand Hyatt Kunming.

Contemporary Design Inspired by Yunnan Culture and Nature

Hyatt set to open new Andaz hotel in Miami

Following a property-wide renovation, luxury lifestyle hotel Andaz Miami Beach is slated to open in late 2024, with reimagined spaces, programming and a new culinary collaboration with Jose Andrés Group.

Hyatt Hotels Corporation, announced an update on the anticipated renovation of The Confidante Miami Beach and its complete transformation into the new Andaz Miami Beach, which is slated to open in the fourth quarter of 2024. The new hotel, which is owned by Sunstone Hotel Investors, Inc., will go beyond the familiar to discover and define guests’ personal essence while immersing themselves in the spirit of the eclectic culture around them through a barrier-free redesigned lobby, two reconceptualized pools and outdoor recreation experience, an exhilarating spa, inspiring guestrooms, suites and meeting spaces, and immersive dining experiences with the hotel’s new culinary provider, José Andrés Group. As part of the hotel’s transformation the iconic oceanfront property will temporarily suspend operations starting Monday, March 25, 2024, through the conclusion of the renovation.

"We are thrilled to unveil this new chapter for Hyatt as our hotel becomes the Andaz Miami Beach, blending the essence of Miami Beach with the allure of imaginative travel to stimulate guests’ curiosity and self-expression,” said Amy Johnson, general manager, of Andaz Miami Beach. “This exciting journey brings the luxury lifestyle Andaz brand to Florida along with exciting collaborations like Jose Andres Group. We look forward to welcoming back our guests and local community to a completely new and bold hotel, embodying the distinctly native experience and expressive nature of the Andaz brand, while still capturing the essence of Miami Beach.”

Hyatt Reports Fourth Quarter and Full Year 2023 Results

Record Total Fee Revenue Led to the Highest Cash Flow from Operations in Company History

Full Year System-Wide RevPAR Increased 17%

Hyatt Hotels Corporation last week reported fourth quarter and full year 2023 financial results. Highlights includes:

Net income was $26 million in the fourth quarter and $220 million for the full year of 2023, and exceeded the full year outlook for 2023. Adjusted net income was $68 million in the fourth quarter and $276 million for the full year of 2023.

Diluted EPS was $0.25 in the fourth quarter and $2.05 for the full year of 2023. Adjusted Diluted EPS was $0.64 in the fourth quarter and $2.56 for the full year of 2023.

Adjusted EBITDA was $241 million in the fourth quarter and $1,029 million for the full year of 2023, and exceeded the full year outlook range for 2023.

Adjusted EBITDA does not include Net Deferrals and Net Financed Contracts of $33 million1 in the fourth quarter or Net Deferrals and Net Financed Contracts of $158 million1 for the full year of 2023.

Comparable system-wide RevPAR increased 9.1% in the fourth quarter and 17.0% for the full year of 2023, compared to the same periods in 2022, and exceeded the full year outlook for 2023.

Comparable owned and leased hotels RevPAR increased 5.9% in the fourth quarter and 15.5% for the full year of 2023, compared to the same periods in 2022. Comparable owned and leased hotels operating margin was 26.2% in the fourth quarter and 25.4% for the full year of 2023.

Comparable Net Package RevPAR increased 11.3% in the fourth quarter and 15.3% for the full year of 2023 compared to the same periods in 2022.

Net Rooms Growth was 5.9% for the full year of 2023, in line with the full year outlook for 2023.

Pipeline of executed management or franchise contracts was approximately 127,000 rooms.

Share Repurchases were approximately 890 thousand Class A shares for $95 million in the fourth quarter and approximately 4.1 million Class A shares for $453 million for the full year of 2023.

Capital Returns to Shareholders were $500 million for the full year of 2023, inclusive of dividends and share repurchases, in line with the full year outlook for 2023.

1 Represents the sum of Net Deferrals and Net Financed Contracts. Refer to Apple Leisure Group Segment Statistics on schedule A-18 for additional details.

Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt, said, "The fourth quarter marks the completion of a transformative year and demonstrates the progress towards our strategic vision and earnings evolution. RevPAR growth exceeded the high end of our guidance range and we had industry leading net rooms growth for the seventh consecutive year. This led to a record level of fees and the highest free cash flow in Hyatt's history. We returned $500 million to our shareholders and achieved an asset-light earnings mix of approximately 76% for the full year, a testament to the successful execution of our strategy."

Hyatt to open a Thompson branded hotel in Palm Springs.

Hyatt Hotels Corporation has confirmed it will be bringing its Thompson brand to Palm Springs in California with a 168-room property scheduled to open in late 2023.

Thompson Palm Springs will offer panoramic views of the San Jacinto Mountains and the city of Palm Springs and will feature a modern, groundbreaking design in the heart of the city. Unique guestroom bungalows will be surrounded by two outdoor pools, gardens, lounge areas and winding walking paths, immersing visitors in the natural landscape of Palm Springs. 

Additional amenities including a signature restaurant helmed by a world-class chef, sought-after indoor and outdoor bar and lounges, a well-appointed spa and fitness concept, and approximately 8,000 square feet of flexible meeting and event space.

Thompson Palm Springs will also offer over 20,000 square feet of ground-level retail and restaurant space along Downtown’s iconic Palm Canyon Drive which will include HALL Napa Valley, a 3,400 square foot tasting room from owners Craig & Kathryn Hall showcasing selections from their family of wines: HALL, WALT and BACA.

Thompson Palm Springs will be led by general manager Jeffrey Miller said:  “We are excited to welcome guests and locals to Thompson Palm Springs, which will bring-to-life the iconic spirit of the destination through striking design, innovative culinary offerings and locally inspired guest experiences.”

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The Grand Hyatt La Manga Club Golf & Spa has officially opened

The Grand Hyatt La Manga Club Golf & Spa has officially opened in Murcia, southeast Spain, following an extensive refurbishment.

Javier Águila, group president EAME, Hyatt, said, "We are grateful for our continued collaboration with Grupo Inversor Hesperia, in making Grand Hyatt La Manga Club Golf & Spa a striking example of the Grand Hyatt brand delivering on its promise of celebrating the iconic in both the small details and magnificent moments."

The CEO of Grupo Inversor Hesperia, Jordi Ferrer, highlights, “The arrival of the Grand Hyatt brand in Spain via La Manga Club is undoubtedly an important step for our company and for the Spanish tourism sector as a whole. We are convinced that with this new hotel, distinguished by the exclusiveness of its services and location, we are going to offer unique experiences to our clients and generate new value for the Murcia Region." 

Mediterranean-inspired Guestrooms

The 192 elegantly appointed guestrooms, including seven signature suites, showcase the hotel’s idyllic location overlooking the rolling hills of Calblanque natural park and the Mediterranean Sea. Each guestroom exudes luxury, elegance and sophistication featuring the latest amenities, colours inspired by the surrounding nature and spa-inspired marble bathrooms.

Recreation and Wellness

Andaz Nanjing Hexi opens

Hyatt Hotels in association with Sun Hung Kai Properties has confirmed the opening of Andaz Nanjing Hexi, the fourth Andaz property in the region. It is located in the rapidly developing Hexi central business district area and is ideal for exploring the city and local area. 

Andaz Nanjing Hexi boasts stunning views of the city and Yangtze River from its prime position atop Nanjing Metro Yuantong station of Line2 and Line10. As part of the most sought-after landmark Nanjing IFC, the hotel, together with two super grade-A office towers and the luxury shopping mall with top-notch international brands in the complex, create a one-stop destination of premium business, shopping, dining, entertaining and living experiences. With its perfect blend of Nanjing’s eclectic spirit, rich culture, and the vibrant character of the modern neighbourhood the property resides in, Andaz Nanjing Hexi serves as an exciting new destination for curious travellers and locals to explore and experience.

“SHKP has always been committed to developing and operating premium landmark projects. As an integral part of the Group’s flagship project Nanjing IFC, the newly opening Andaz Nanjing Hexi, along with two world-class office towers and the luxury IFC mall in the complex, will further reshape the business dynamics and economic vitality of the city, renewing a sense of glamour to this culturally rich destination,” says Albert Lau, Executive Director of Sun Hung Kai Properties.

“We are very pleased to have an Andaz hotel join our hotel portfolio. It is a new-generation luxury brand created for the young and the young at heart. We believe the hotel will inject color and vibrance to the whole IFC complex and Hexi as we welcome people from all over China and the world to spend a memorable time in Nanjing,” says Tasos Kousloglou, CEO - Hotel division of Sun Hung Kai Properties Limited.

“We are thrilled by this introduction of the vibrant Andaz brand to the Hexi CBD area,” said Stephen Ho, president of growth and operations for Asia Pacific, Hyatt. “This location is perfect for our inspiring Andaz brand, providing guests the opportunity to experience Nanjing’s rich culture. We sincerely appreciate our hotel owner, Sun Hung Kai Properties, for their support with entrusting Hyatt for this new hotel.”

Contemporary Design Rooted in Local Culture

Hyatt Hotels Corporation has confirmed the completion of the Dream Hotel Group lifestyle hotel brand and management platform acquisition

The addition of Dream Hotel Group further strengthens Hyatt’s global lifestyle footprint and accelerates asset-light growth

Hyatt Hotels Corporation has confirmed the completion of the Dream Hotel Group lifestyle hotel brand and management platform acquisition, bringing a vibrant portfolio of lifestyle hotel brands – including Dream Hotels, The Chatwal and Unscripted Hotels – into the Hyatt portfolio. The asset-light acquisition includes 12 lifestyle hotels (nine managed and three licensed), with another 24 signed long-term management agreements for hotels expected to open in the future.

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Dream Hotel Group properties are known for their progressive design and vibrant dining and nightlife that are the soul of each hotel. They boast unique and authentic hospitality experiences built on inventive activations and design-savvy spaces that inspire creativity and act as social hubs for guests as well as local communities.

The acquisition welcomes more than 600 new colleagues into the Hyatt family, bringing deep expertise in experiential hospitality to Hyatt’s global portfolio of lifestyle offerings and extending Hyatt’s brand footprint in strategic destinations including Nashville, Hollywood, Las Vegas, South Beach, Saint Lucia, Doha and several new locations new in New York City. It will also include new markets such as the Catskills in New York and Valle de Guadalupe in Mexico.

“Hyatt’s acquisition of Dream Hotel Group represents an exciting chapter in our asset-light growth as we expand our lifestyle offerings, providing global travellers with an increased number of elevated experiences – now, and in the future,” said Mark Hoplamazian, president and chief executive officer, Hyatt. “Together, we will carefully preserve the spirit and individual identities of the sought-after Dream Hotel Group hotels while adding the commercial strength of Hyatt’s marketing and sales channels, all united under the World of Hyatt loyalty program.”

Dream Hotel Group founder Sant Singh Chatwal will continue his commitment as an owner of four open and two future hotels that are expected to join the Hyatt portfolio.

Hyatt Centric Sector 17 Chandigarh has opened

The 144-room property is Hyatt's second hotel in the city, and the fourth Hyatt Centric hotel in India

The Hyatt Centric Sector 17 Chandigarh has opened in recent days the group confirmed. It should be noted that as a company and a brand, Hyatt has chosen to pull out of Ukraine but continues to operate in Russia and support the Russian authorities.

The Hyatt Centric Sector 17 Chandigarh plays homage to French architect Le Corbusier who designed the city along with Pierre Jeanneret, Jane Drew, and Maxwell Fry, and the hotel celebrates both Corbusier’s design philosophy and the vibrant and bold culture of Punjab.

Built for the adventurous spirit, Hyatt Centric Sector 17 Chandigarh connects guests with the vibrant action throughout Chandigarh, with the city's popular parks, cafes, shopping plazas and restaurants. “We are extremely pleased to introduce the Hyatt Centric brand to Punjab and Haryana with the opening of this hotel, and we look forward to delivering the brand’s exquisite hospitality and personalized service to local residents and visitors in the City Beautiful,” said Maulina Gupta, general manager, Hyatt Centric Sector 17 Chandigarh. “Hyatt Centric Sector 17 Chandigarh is an exciting addition to Hyatt’s portfolio of hotels and brands in India, with its contemporary décor and playful design.”

Hyatt Centric Sector 17 Chandigarh, ideally situated in the city’s commercial and shopping district, has 144 guest rooms with modern and contemporary decor. Both the outer façade and the interior design of the hotel reflect Le Corbusier's minimalistic style, interspersed with splashes of vibrant colour like the shades of yellow in the lobby and the red in the elevators. The décor is distinctive and includes various details such as the flute panelling on the walls which is inspired by French architecture, the contemporary bedside lamps adapted from inverted urns to the “Chandigarh chairs” which are placed around the property. There are 138 guestrooms and six suites in the hotel, perfect for families travelling together or business travellers on the go.

La Zambra officially opens - the luxury Byblos Hotel hideaway in Costa del Sol has transformed from a historic hotel of the 80s and 90s into a relaxed, bohemian retreat

La Zambra, a reborn hotel destination in Málaga, Andalusia. The opening marks the completed transformation of the infamous Byblos hotel, an icon of late 20th-century celebrity and indulgence. Inspired by the celebrity and luxury of its past, La Zambra joins The Unbound Collection by Hyatt.

Nestled in the Mijas mountains and just under 2 miles (3 km) from the coastline, La Zambra invites guests to experience a one-of-a-kind stay steps away from the charming “Pueblo Blanco” of Mijas, one of the white villages of Andalusia. Ideally located 20 minutes from Málaga airport, the hotel immerses guests into surrounding landscapes, offering easy access to world-class golf courses, lush natural greenery, and the stunning beaches of the Mediterranean. Guests can enjoy the relaxing lifestyle of the local culture on visits to nearby villages, or venture along the coastline to vibrant hotspots of Fuengirola, Puerto Banús and Málaga to sample the rich culture, gastronomy, and nightlife that the region is known for.

The character of the 197 rooms and suites include warm materials and soft tones, evoking longed-for Andalusian essence with an indulgent backdrop where relaxation and fun are blurred. Four distinct dining options feature the flavors of southern Spain, while the luxurious 26,909-square-foot (2,500-square-meter) Mood Spa, offering a Turkish bath, sauna, whirlpools and 12 personalized treatment cabins, will recalibrate body and soul according to the mood preferred by every guest. This commitment to laid-back indulgence ensures a stay at La Zambra is a true expression of its history and Spanish-Mediterranean roots.

“We are delighted to open La Zambra and bring The Unbound Collection by Hyatt to Costa del Sol,” said Joost Kruissen, General Manager of La Zambra. “The Unbound Collection by Hyatt is dedicated to inspiring its guests to create their own stories – and ours is one of relaxed, rebellious luxury, thanks to the legacy of the emblematic Byblos hotel. We can’t wait for our visitors to start their own La Zambra story.”

Grand Hyatt Kuwait Celebrates Official Opening.....................The iconic opening marks the first Grand Hyatt in Kuwait

Grand Hyatt Kuwait Celebrates Official Opening

The iconic opening marks the first Grand Hyatt in Kuwait

Grand Hyatt Kuwait – the first Grand Hyatt hotel in the country. The 302-room luxury hotel is situated at 360 Mall – one of the nation’s most immersive luxury, leisure and lifestyle complexes. Grand Hyatt Kuwait is the second Hyatt branded hotel in Kuwait, the sixth hotel under the Grand Hyatt brand in the Middle East, and the twenty-ninth Hyatt branded hotel in the region, all of which participate in the World of Hyatt loyalty program. Infusing regionally inspired art with modern interior design, the iconic hotel is the ideal destination for guests to discover the country's cultural, entertainment, and artistic offerings.

“Grand Hyatt Kuwait offers global travellers superior hospitality services against a backdrop of majestic architectural design coupled with world-class culinary, leisure and entertainment experiences under one roof; a truly distinctive proposition,” said Federico Mantoani, general manager at Grand Hyatt Kuwait. “We are thrilled to open the first Grand Hyatt hotel in Kuwait, and we look forward to welcoming guests seeking a memorable experience from this magnificent destination.”

Grand Hyatt Kuwait represents a new era of progression and innovation in luxury tied to the government’s Vision 2035, which aims to boost tourism through innovative and sustained investment in hospitality infrastructure. Offering business travellers, leisure guests and locals a superlative selection of world-class culinary and leisure experiences the hotel features four unique restaurants, a fitness centre, a premium spa and a variety of elegant event spaces.

Prime Location

The opening of the first Thompson Hotels branded property in Spain marks a significant milestone for Hyatt as it continues to grow its luxury and lifestyle portfolio

Hyatt Hotels Corporation announces the opening of the highly anticipated Thompson Madrid, the first Thompson Hotels branded property in Spain. Setting an inspiring new standard for modern luxury stays, the 175-room hotel is a celebration of thoughtfully curated style and global sophistication with an authentic Madrilenian flair, delivering an exciting destination for culturally astute travellers looking to immerse themselves within the vibrant Spanish capital.

Featuring three signature dining venues, well-appointed spaces with curated design elements and architecture evocative of Madrid's rich heritage, Thompson Madrid truly embodies the identity of its location. Guests are invited to experience all that the city has to offer through creative spaces, unapologetically bold interiors and elevated gastronomy.

Located on Calle De La Montera, which connects the city’s famed main square, Puerta del Sol, to the theatres, cinemas, and boutiques of the lively Gran Via Street, Thompson Madrid is housed in two historic buildings and is a dynamic and refined home base for guests to explore the authentic character of the city. The buzzing neighbourhoods of Malasaña, Chueca, and Madrid’s historic city centre are within walking distance of the hotel, and a diverse selection of galleries, museums, culinary delights, and cultural landmarks are on every corner.

“We are excited to welcome guests to Thompson Madrid and invite them to immerse themselves into the culture of the city, which can be found inside and outside the walls of the hotel,” said Carlos Erburu Zazpe, general manager of Thompson Madrid. “Inspired by Madrid’s nearby “kilometre Zero,” which marks the spot all distances in Spain are measured from, all journeys start in Madrid and all authentic Madrilenian experiences for our guests begin in Thompson Madrid.”

Hyatt Place Nanchong Gaoping Celebrates Official Opening

Hyatt Place Nanchong Gaoping Celebrates Official Opening
The 276-room hotel is the first international hotel to open in the heart of Nanchong

Hyatt Hotels Corporation announces the opening of Hyatt Place Nanchong Gaoping, expanding the Hyatt Place brand’s footprint globally in markets that matter most to guests and World of Hyatt members. The new hotel is the first and currently only international hotel in Nanchong and features the Hyatt Place brand’s intuitive design, casual atmosphere and practical amenities, such as free Wi-Fi, 24-hour food offerings and a 24-hour gym. The hotel is a joint venture led by Nanchong Yuxuan Hotel Management Co., Ltd, and operated by Minyoun Hospitality.

Because Hyatt’s efforts are grounded in listening and fueled by care, Hyatt Place hotels combine style, innovation and 24/7 conveniences to create an easy-to-navigate experience for today’s multitasking travellers. Hyatt Place Nanchong Gaoping is located on the 29th to 43rd floors of the Chuanbei Financial Center, the tallest landmark in Nanchong city. The hotel is adjacent to the Poly Mall commercial complex, Financial Square Commercial Pedestrian Street and Wangfujing Department Store, making it an ideal choice for business and leisure travellers.

The hotel sits by the Jialing River, only a minute’s walk from the wetland park on the banks of the river, about a 20-minute drive from Nanchong Airport and a 15-minute drive from the railway station. Set in an oasis of nature with convenient access to transportation, shopping and dining, Hyatt Place Nanchong Gaoping is well located for enjoying a leisure vacation.

“As Nanchong continues to grow and thrive economically, we are excited to welcome the first Hyatt Place hotel to the area,” said General Manager Zeke Xiao. “With our smartly designed social spaces and guestrooms with separate work and sleep areas, our multitasking guests can easily accomplish what they need to do while on the road.”