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Hyatt Hotels Group is strengthening its position as a leader in luxury, lifestyle and leisure with a record number of hotel openings and the recent acquisition of Dream Hotel Group.
The Hyatt Hotel Group is on a roll with the Dream Hotel Group acquisition plan, the global expansion of the Caption by Hyatt division and the growth of its portfolio worldwide. As a result, it had approximately 117,000 rooms worldwide by the end of 2022. And that number is not about to stop with new hotel openings planned for the new year.
Among the important factors in this growth, which the group describes as “transformative,” stands out the below-market acquisition of the boutique hotel brand and management platform of Dream Hotel Group. The goal is to add Dream Hotels, Unscripted Hotels and The Chatwal divisions to Hyatt’s portfolio. The purchase includes 12 lifestyle hotels and 24 other properties, adding more than 1,700 rooms to the Hyatt portfolio.
Hyatt’s decision to invest in the Dream Hotel group is based on its shared values and interest in lifestyle. Dream Hotel properties are known for their hospitality, trendy restaurants and nightlife venues. With this acquisition, Hyatt strengthens its brand footprint in strategic destinations including Nashville, Hollywood, Las Vegas, South Beach, New York and Doha. It also enables the Hyatt brands to enter new markets such as the Catskills in the United States and Valle de Guadalupe in Mexico.
Caption by Hyatt, an evolving and successful division
Redefining hospitality in a modern world, the Caption by Hyatt brand combines the design and comfort of a luxury hotel with special services such as co-working spaces. It is positioned for significant growth, including the successful opening of Caption by Hyatt Beale Street Memphis in 2022. Also planned are a presence in Tennessee with Caption by Hyatt Chattanooga, entry into California with Caption by Hyatt Roseville and Caption by Hyatt Sacramento. This development will not stop there, with international expansion in China, Japan, Vietnam in 2023 and Sydney in the years to come.
Aware of the current environment and a demand for more diversity and inclusiveness in luxury hospitality, Caption By Hyatt is committed to hiring staff, and working with artisans and suppliers of all backgrounds and celebrating the diversity of people.
“Through our long-term international growth strategy and by working closely with owners, Hyatt boasts five years of net room growth leadership,” said Jim Chu, executive vice president and chief development officer of Hyatt.
Upcoming luxury, lifestyle and leisure openings
In line with this rapid growth, the American group wants to expand even more internationally and add new lifestyle and leisure offerings to its catalog.
Among its many subsidiaries, many will take up residence in the four corners of the world, starting with Park Hyatt, which will re-establish its presence in South Africa and London at the end of 2023 and conquer the Moroccan market, combining the elegance of a luxury establishment with Moroccan charm. It also wants to expand in Asia, notably in Taiwan, Kuala Lumpur and Vietnam.
Among the group’s other subsidiaries, Andaz also plans to accelerate its expansion into new markets. This unique division of the Hyatt group, which aims to mirror local culture, enhanced by high-end services, will notably expand in Qatar, Thailand, Mexico and China.
Finally, the Hyatt Boundless collection and independent Collection branches are planning a host of openings in 2023 and 2024, including in the United States, China, India and Mexico.
Hyatt Place – Hyatt House, luxury for families
With more than 400 Hyatt Place properties and nearly 130 Hyatt House properties in top destinations, the group’s service brands will continue to grow their customer base to further attract families seeking relaxing lodging experiences. Like the other brands, the hotel company plans to add an impressive array of properties in the coming years, primarily in key emerging leisure centers and business travel destinations in the U.S. and Canada.
Read also >Kimpton Hotels & Restaurants : survey reveals more authentic and inclusive needs
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Hyatt Hotels Group is strengthening its position as a leader in luxury, lifestyle and leisure with a record number of hotel openings and the recent acquisition of Dream Hotel Group.
The Hyatt Hotel Group is on a roll with the Dream Hotel Group acquisition plan, the global expansion of the Caption by Hyatt division and the growth of its portfolio worldwide. As a result, it had approximately 117,000 rooms worldwide by the end of 2022. And that number is not about to stop with new hotel openings planned for the new year.
Among the important factors in this growth, which the group describes as “transformative,” stands out the below-market acquisition of the boutique hotel brand and management platform of Dream Hotel Group. The goal is to add Dream Hotels, Unscripted Hotels and The Chatwal divisions to Hyatt’s portfolio. The purchase includes 12 lifestyle hotels and 24 other properties, adding more than 1,700 rooms to the Hyatt portfolio.
Hyatt’s decision to invest in the Dream Hotel group is based on its shared values and interest in lifestyle. Dream Hotel properties are known for their hospitality, trendy restaurants and nightlife venues. With this acquisition, Hyatt strengthens its brand footprint in strategic destinations including Nashville, Hollywood, Las Vegas, South Beach, New York and Doha. It also enables the Hyatt brands to enter new markets such as the Catskills in the United States and Valle de Guadalupe in Mexico.
Caption by Hyatt, an evolving and successful division
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Hyatt Hotels Group is strengthening its position as a leader in luxury, lifestyle and leisure with a record number of hotel openings and the recent acquisition of Dream Hotel Group.
The Hyatt Hotel Group is on a roll with the Dream Hotel Group acquisition plan, the global expansion of the Caption by Hyatt division and the growth of its portfolio worldwide. As a result, it had approximately 117,000 rooms worldwide by the end of 2022. And that number is not about to stop with new hotel openings planned for the new year.
Among the important factors in this growth, which the group describes as “transformative,” stands out the below-market acquisition of the boutique hotel brand and management platform of Dream Hotel Group. The goal is to add Dream Hotels, Unscripted Hotels and The Chatwal divisions to Hyatt’s portfolio. The purchase includes 12 lifestyle hotels and 24 other properties, adding more than 1,700 rooms to the Hyatt portfolio.
Hyatt’s decision to invest in the Dream Hotel group is based on its shared values and interest in lifestyle. Dream Hotel properties are known for their hospitality, trendy restaurants and nightlife venues. With this acquisition, Hyatt strengthens its brand footprint in strategic destinations including Nashville, Hollywood, Las Vegas, South Beach, New York and Doha. It also enables the Hyatt brands to enter new markets such as the Catskills in the United States and Valle de Guadalupe in Mexico.
Caption by Hyatt, an evolving and successful division
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