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BBT July/August 2018
July/August 2018
For Business, Corporate Travel & Meeting Buyers & Arrangers

Hyatt sets record for hotel openings

Hyatt Hotels is “on pace” to add 60 properties to its portfolio during 2017 as the US firm continues its expansion plans.

The Chicago-based hotel company said it had opened 22 hotels with a total of 3,366 rooms during the second quarter of this year. This is in addition to the 11 new properties opening during the first three months of 2017.

These new properties were primarily in the US and Asia, with only one European hotel - Hyatt Regency Amsterdam - making its debut during the quarter. There were 13 new Hyatt-branded properties in the US and four in China.

Other hotels to be added included Hyatt Place Melbourne, Essendon Fields, Park Hyatt Bangkok and Hyatt Place Rameswaram in India.

Hyatt’s CEO Mark Hoplamazian said it had been a “record” quarter for hotel openings and added that the company was “particularly excited about” three debuts: Park Hyatt Bangkok, Hyatt Regency Amsterdam and Hyatt House Mexico City, Santa Fe.

Hyatt currently has around 300 hotels with 66,000 rooms across the world.

Hoplamazian also confirmed that Hyatt’s distribution strategy would “focus on driving bookings through Hyatt channels, so that we can build stronger relationships with our guests”.

He said this would be done through the expansion of My Hyatt Rate, which offers loyalty discounts to members, and by adding new features to its World of Hyatt app.

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