Hyatt Hotels Corporation announced that more than 20 new luxury hotels and resorts are expected to open worldwide by the end of 2020, boosting Hyatt’s luxury portfolio. Five of these additions are slated for the region.
“With our growth acceleration in the luxury segment, we will have the opportunity to care for more travelers around the globe through a range of differentiated high-end experiences,” said Mark Vondrasek, chief commercial officer, Hyatt. “We’re excited to expand into new markets and enhance the global footprint of our brands, giving our guests and members additional ways to connect with our luxury offerings in places where they want to be.”
Celebrating its 40th anniversary in 2020, the Park Hyatt brand is also a key contributor to Hyatt’s luxury portfolio growth, with five Park Hyatt hotels expected to open by 2020 including one in Doha, Qatar.
“Across Europe, Africa, the Middle East, as well as Southwest Asia, luxury properties account for over a third (35 percent) of our portfolio,” said Peter Fulton, group president – EAME SWA, Hyatt.
Other announcements include the expansion of the Alila brand, with three luxury resorts expected to open, including one in Oman. In addition, six Andaz branded luxury lifestyle properties are due to open, including one in Dubai, UAE.
The Grand Hyatt brand is also set to continue to steadily grow with new openings in Hefei and the Shenzhou Peninsula in China, Kuwait, Gurgaon in India, Jeju in South Korea, and Nashville, Tennessee, along with the first Grand Hyatt hotel in Al Khobar, Saudi Arabia.Add to Favorites