Hyatt Hotels Corporation has revealed at ALIS in Los Angeles this week it plans to grow its Americas brand portfolio by around 200 properties.
The company says it expects to open of more than 50 full service and select service hotels in 2020 and the addition of more than 140 additional hotels to its pipeline of hotels expected to open by 2022.
This growth is set to fuel Hyatt’s regional brand presence by 33 percent of its current Americas portfolio and the newly executed deals for properties – under management and franchise agreements – will join 585 Hyatt hotels that are currently open and operating in the Americas.
The company says the Americas region continues to be a top priority for Hyatt and prospective developers due to business demand in several strong regional markets like California, Texas, New York, Canada and Mexico.
“Hyatt remains focused on thoughtfully growing our full service and select service portfolio of brands in the Americas region – and growing and running our core hotel business: the development, management and franchising of full service and select service hotels, while being best-in-class,” said Hyatt Americas group president, Pete Sears.
“Hyatt’s Americas growth through 2022 further signals incredible strength in our brand among owners, customers, and guests across the largest region within Hyatt’s global portfolio.”
Notably, Hyatt’s newest brands – Alila, Destination Hotels, Joie de Vivre, and Thompson Hotels – are experiencing strong growth with new openings and executed managed and franchised deals, including the following:
-The 225-room Thompson Washington D.C., which marked the Thompson Hotels brand’s introduction to the nation’s capital on January 8, 2020;
-A 130-room Alila hotel in Encinitas, California, which will mark the Alila brand’s first new-build hotel in the Americas in early 2021;
-The 80-room Quirk Hotel Charlottesville, A Destination Hotel, which will mark the second Quirk Hotel in Virginia, joining Quirk Hotel Richmond in March 2020; and
-A 161-room Joie de Vivre hotel and 226-room hotel within the Destination Hotels brand, located in Oceanside, California, in late 2020.
The growth of the Hyatt Place and Hyatt House select service brands, remains a strategic priority with more than 100 expected to open across North and South America through 2022.