Hyatt announces expansion plans for the Americas
The hotel chain plans that the portfolio of full service and select service brands will grow 33% by 2022 in this region
Hyatt Hotels Corporation announced today that it plans to increase its portfolio of brands in the Americas with the expected opening of more than 50 full-service and select service hotels in 2020 and the addition of more than 140 additional hotels to its portfolio of hotels that are expected to open in 2022. This growth was established to boost the presence of the Hyatt regional brand in 33% of its current portfolio in America. Recently executed property offers, under administration and franchise agreements, will join 585 Hyatt hotels that are currently open and in operation in the Americas.
“Hyatt remains focused on increasing our portfolio of full service and select service brands in the Americas region, as well as developing and managing our main hotel business: the development, management and franchise of full service and select service hotels, being the best in its class, "said Pete Sears, president of the Americas group for Hyatt." Hyatt's growth in America until 2022 further indicates the strength of our brand among owners, customers and guests in the largest region within of Hyatt's global portfolio. "
Particularly, Hyatt's newest brands - Alila, Destination Hotels, Joie de Vivre and Thompson Hotels - are experiencing strong growth with new openings and managed and franchised agreements, which include the following properties:
The growth of select service brands, Hyatt Place and Hyatt House remains a strategic priority with more than 100 properties open in North and South America until 2022.