CHICAGO, Illinois—Hyatt Motels Company introduced a file pipeline of roughly 138,000 rooms as of year-end 2024, alongside a model realignment designed to extend proprietor returns and progress. By evolving its model structure into 5 distinct portfolios—Luxurious, Way of life, Inclusive, Classics, and Necessities—Hyatt is positioned to serve the wants of its visitors, prospects, and house owners.
“Hyatt’s progress and strategic model evolution mirror our dedication to creating long-term worth for house owners and driving the efficiency of our resorts by delivering distinctive experiences for vacationers,” stated Mark Hoplamazian, president and CEO, Hyatt. “By specializing in this evolution, we aren’t solely enhancing visitor satisfaction but additionally strengthening our resorts’ success and aggressive benefit, driving choice amongst house owners, visitors, prospects, and World of Hyatt members.”
Way of life Pipeline Grown Via Acquisition of Customary Worldwide
Amar Lalvani, former govt chairman of Customary Worldwide, now leads Hyatt’s new Way of life Group as its president and inventive director, bringing focus to model identities and efficiency throughout every life-style model. The current acquisition of Customary Worldwide’s The Customary and Bunkhouse Motels manufacturers in addition to the not too long ago launched The StandardX model included 22 open resorts and greater than 30 future tasks with a signed settlement or letter of intent for the Way of life Portfolio. Hyatt has grown the portfolio’s complete pipeline properties by almost 50 p.c year-over-year and the variety of open resorts by over 20 p.c year-over-year. Latest life-style openings embrace The StandardX, Melbourne; The Customary, Singapore; Lodge Saint Augustine, which is in Houston and a part of the Bunkhouse Motels model; The StandardX, Bangkok Phra Arthit; and Thompson Palm Springs.
“I’m excited to steer the newly shaped Way of life Group throughout this pivotal time of progress and value-focused evolution,” stated Lalvani. “Hyatt’s acquisition of the Customary Worldwide manufacturers added a portfolio of extremely differentiated manufacturers made up of beloved, award-winning resorts throughout the globe in addition to a wealth of inventive expertise. When mixed with Hyatt’s present portfolio of design-driven, culturally related life-style manufacturers and international infrastructure, I couldn’t be extra optimistic about our means to develop these manufacturers in new markets, delivering unforgettable experiences for our visitors and returns for our house owners.”
Newly executed offers and upcoming openings within the Way of life Portfolio embrace:
- TOOR Lodge, which shall be a part of the JdV by Hyatt model (anticipated to open Q1 2025)
- Andaz Miami Seaside reworked from The Confidante Miami Seaside to Florida’s first Andaz branded resort (anticipated to open Q1 2025)
- The Customary, Brussels (anticipated to open Q2 2025)
- Wildbirch Lodge, which would be the first JdV by Hyatt resort in Anchorage, Alaska (anticipated to open Q3 2025)
- Dream Valle de Guadalupe is about to be the primary Dream Motels branded property in Latin America (anticipated to open This autumn 2025)
- Andaz Hong Kong Central (anticipated to open mid-2027)
Hyatt will even welcome two leaders who will play roles in growing the Way of life and Luxurious Portfolios. With experience of their respective fields, Catie Cramer has been named head of life-style improvement – United States, and can lead efforts to develop Hyatt’s Way of life Portfolio throughout the nation. Individually, Tina Necrason has been named international head of branded residential to steer the event and implementation of Hyatt’s branded residential technique for all manufacturers. Tina joined Hyatt from Montage Worldwide the place she was accountable for all residential actions.
Necessities Pipeline Grown Via Higher-Midscale Entry With Hyatt Studios
Throughout the Necessities Portfolio are Hyatt’s select-service manufacturers. Constructing on the developer-driven strategy that guided the creation of the Hyatt Studios model and the relaunch of the Caption by Hyatt model, the corporate goals to make these manufacturers invaluable for house owners and vacationers.
Hyatt Studios, the portfolio’s new upper-midscale extended-stay model, has sustained progress with greater than 50 executed offers representing entry into 22 new markets and with 27 new house owners for Hyatt. The model’s first location, Hyatt Studios Cell / Tillman’s Nook, is anticipated to open in Q1 2025, and newly executed offers embrace:
- Fayetteville, Arkansas
- Beaufort/Parris Island, South Carolina
- Riverside, California
- Sumter, South Carolina
- Pensacola, Florida
- Clarksville, Tennessee
- Port Charlotte, Florida
- Boca Chica, Texas
- Chicago Washington Park, Illinois
- Belleville, Ontario
- Columbus OSU, Ohio
- St. Thomas, Ontario
- Philadelphia, Pennsylvania
- Cornwall, Ontario
- Bensalem, Pennsylvania
- Spokane, Washington
Along with the Hyatt Studios model, the Necessities Portfolio has newly executed offers and upcoming openings throughout all manufacturers together with:
- UrCove Shanghai Xuhui West Riverside (anticipated to open Q1 2025)
- Hyatt Place Bhopal Rani Kamalapati Station (anticipated to open Q2 2025)
- Caption by Hyatt Central Sydney (anticipated to open Q3 2025)
- Hyatt Place JFK Airport (anticipated to open in 2026)
- Hyatt Place Bryce Canyon (anticipated to open in 2027)
Progress Throughout All Model Portfolios
Along with the expansion inside the Way of life and Necessities Portfolios, Hyatt’s expanded pipeline of recent resort properties is driving progress throughout every of its portfolios, together with Luxurious, Inclusive, and Classics.
Newly executed offers, current and upcoming openings within the Luxurious Portfolio embrace:
- Fairmount Lodge, a part of The Unbound Assortment by Hyatt (opened January 16, 2025)
- Alila Dong’ao Island Zhuhai (anticipated to open Q2 2025).
- Park Hyatt Johannesburg (anticipated to open Q2 2025)
- Park Hyatt Los Cabos at Cabo del Sol (anticipated to open Q2 2025)
- The Seville Nomad (anticipated to open Q2 2025)
- Park Hyatt Tokyo (reopening Q3 2025)
Newly executed offers within the Inclusive Assortment embrace:
- Hyatt Vivid Punta Cana (anticipated to open Q3 2025)
- Hyatt Vivid Akumal Resort & Spa (anticipated to open This autumn 2025)
- Hyatt Zilara Punta Bergantin (anticipated to open in 2026)
Newly executed offers and upcoming openings within the Classics Portfolio embrace:
- Hyatt Regency Bangkok Suvarnabhumi Airport (anticipated to open Q1 2025)
- Lodge X Toronto (anticipated to open Q2 2025)
- Hyatt Regency Instances Sq. (anticipated to open Q3 2025)
- Kampos Lodge (anticipated to open in 2026)
- Okhissa Lake Lodge (anticipated to open in 2027)
