Hyatt EAME Announces Robust Pipeline: More Than 50 Per Cent of Regional Growth Leans Into Leisure
Growth in brand footprint across leisure destinations in the region as portfolio expands with Zoëtry brand entry into Greece.
CHICAGO – Hyatt Hotels Corporation (NYSE: H) today announced plans for scaled growth in the leisure space in Europe, Africa and the Middle East (EAME) underscored by a record year of deal signings in 2023. Hyatt’s global record pipeline of more than 127,000 rooms as of year-end 2023 is supported by a regional pipeline of more than 70 properties spanning Hyatt’s distinct brand collections.
The region continues to demonstrate high growth potential and belongs to the top global growth markets for Hyatt. More than half of our current pipeline has a clear focus on leisure, either through brand affiliation or destination. This proportion represents our strong commitment to expand our luxury leisure presence complementing our current portfolio in capital cities and sought-after business hubs. Javier Águila, group president EAME, Hyatt
After opening Grand Hyatt Barcelona in early April, Hyatt is expecting Zoëtry Halkidiki Resort & Spa and Park Hyatt London River Thames to join the portfolio as the region’s most anticipated openings for 2024.
Hyatt’s Inclusive Collection represents the largest luxury all-inclusive portfolio in the world and allows us to capture leisure growth opportunities in destinations new to Hyatt along the Mediterranean coast, the Black Sea and even in the Middle East,
added Águila. We anticipate that the planned integration of London-based luxury hotel booking platform Mr & Mrs Smith will accelerate our asset-light expansion into the regional leisure space with their selection of luxury properties in countries where there are currently no Hyatt hotels.
The company is poised to continue its growth momentum in capital and primary cities with additions like Andaz Doha, Park Hyatt Johannesburg or Thompson Rome and is thoughtfully expanding its focus to resort destinations desirable to regional and international audiences with projects like Dreams Madeira Resort Spa & Marina, Alua Soul Costa Adeje or Miraval The Red Sea leading the pipeline.
For more information about Hyatt hotels, please visit: www.hyatt.com.
The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2024, the Company's portfolio included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Vacation Club®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Dream® Hotels, Hyatt Centric®, and Caption by Hyatt®; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt®, and JdV by Hyatt®; and the Inclusive Collection, including Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith™, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.
Forward-Looking Statements
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