The new Park Hyatt, Grand Hyatt, Andaz and Alila branded properties
will boost Hyatt’s luxury brand footprint in the region by over 25%
CHICAGO–(BUSINESS WIRE)–Hyatt
Hotels Corporation (NYSE: H) announced today that 21 new luxury
hotels and resorts are planned to open in Asia Pacific by the end of
2020, fueling Hyatt’s brand expansion in the region. This expansion is
comprised of seven Park Hyatt branded properties, six hotels each under
the Grand Hyatt and Andaz brands and two Alila branded resorts, boosting
Hyatt’s luxury portfolio in the region by more than 25%.
“We are excited to expand our luxury portfolio in Asia Pacific, bringing
more distinct experiences through the Park Hyatt, Grand Hyatt, Andaz and
Alila brands to destinations that matter most to our guests,” said
Carina Chorengel, senior vice president, Commercial, Asia Pacific,
Hyatt. “As we expand our resort, lifestyle and wellbeing offerings, we
will better cater to today’s increasingly diverse luxury travelers who
seek greater personalization, whether they are traveling for business or
leisure.”
With this expansion, a record number of seven Park Hyatt hotels are
expected to open in under two years – a significant milestone for Hyatt,
which adds an average of one Park Hyatt property per year. The Andaz
brand, known to offer immersive cultural experiences, is set to double
its footprint in Asia Pacific with new openings in major cities such as
Seoul, Dubai and Shenzhen, alongside resort destinations such as Bali,
as well as Sanya and Xiamen in China.
Set to join the World of Hyatt loyalty program later this year following
its integration into the Hyatt portfolio in 2018, the Alila brand will
add two resorts in Malaysia and Oman next year. Together these two
resorts will bring the brand’s contemporary expressions of century-old
traditions, authentic experiences and sustainable mindset closer to more
travelers. Additionally, the Grand Hyatt brand continues its steady
growth momentum with new openings in emerging cities in China, India,
South Korea, Saudi Arabia and Kuwait.
“We see enormous potential to grow our luxury portfolio in Asia Pacific,
which currently accounts for 40% of Hyatt’s overall portfolio in the
region,” said Patrick Finn, senior vice president, real estate and
development, Asia Pacific, Hyatt. “Hyatt has a distinct and
differentiated strategy with each of our brands positioned at the high
end of every segment in which we operate, and we are committed to
expanding our brand footprint in major business cities, cultural
destinations and leisure hot spots that resonate with developers, owners
and guests.”
Planned openings in 2019
- Andaz Dubai The Palm in the United Arab Emirates
- Andaz Gangnam Seoul in South Korea
- Grand Hyatt Al Khobar in Saudi Arabia
- Grand Hyatt Gurgaon in India
- Grand Hyatt Hefei in China
- Park Hyatt Auckland in New Zealand
- Park Hyatt Doha in Qatar
- Park Hyatt Jakarta in Indonesia
- Park Hyatt Kyoto in Japan
- Park Hyatt Shenzhen in China
Planned openings in 2020
- Alila Dalit Bay in Malaysia
- Alila Hinu Bay in Oman
- Andaz Bali in Indonesia
- Andaz Sanya Sunny Bay in China
- Andaz Shenzhen in China
- Andaz Xiamen in China
- Grand Hyatt Jeju in Korea
- Grand Hyatt Kuwait in Kuwait
- Grand Hyatt Shenzhou Peninsula in China
- Park Hyatt Niseko, Hanazono in Japan
- Park Hyatt Suzhou in China
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 with a portfolio of 19 premier brands. As of March
31, 2019, the Company’s portfolio included more than 850 properties in
over 60 countries across six continents. The Company’s purpose to care
for people so they can be their best informs its business decisions and
growth strategy and is intended to attract and retain top colleagues,
build relationships with guests and create value for shareholders. The
Company’s subsidiaries develop, own, operate, manage, franchise, license
or provide services to hotels, resorts, branded residences, vacation
ownership properties, and fitness and spa locations, including under the Park
Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The
Unbound Collection by Hyatt®, Destination®, Hyatt
Regency®, Hyatt®, Hyatt Ziva™, Hyatt
Zilara™, Thompson Hotels®, Hyatt
Centric®, Hyatt House®, Hyatt Place®, Joie
de Vivre®, tommie™, Hyatt
Residence Club® and Exhale® brand names,
and operate the World of Hyatt® loyalty program that provides
distinct benefits and exclusive experiences to its valued members. For
more information, please visit www.hyatt.com.
About Alila
The hallmark of the Alila brand is the combination of innovative design
and luxury in unique locations, set apart by an unprecedented level of
private space, crafted artisanship, personalized hospitality, and
bespoke journeys. Alila means “Surprise” in Sanskrit, which suitably
describes the refreshing character of our properties and impressions of
our guests when they stay with us. In support of sustainable tourism,
Alila hotels adopt EarthCheck operating standards, integrating the
natural, physical and cultural elements of their environments. To stay
at any Alila hotels and resorts is to embark on a destination experience
– be it in recreating the flavors of the local cuisine, enhancing your
well-being through ancient healing arts or the thrill of adventure
sports, you will re-discover the luxury of living at Alila hotels. For
more information visit, alilahotels.com, follow
us on Instagram @AlilaHotels
or like us on Facebook.
About Andaz
Global in scale while local in perspective, the Andaz brand of luxury
hotels weaves the sights, sounds, and tastes of each property’s
surroundings for a distinctively local experience. Through thoughtful,
unscripted service tailored for travelers, Andaz hotels enable guests to
go beyond the familiar and satiate their curiosity while immersing them
in the spirit of the eclectic culture around them. Nineteen Andaz hotels
are currently open: Andaz 5th Avenue and Andaz Wall Street in New York,
Andaz San Diego, Andaz West Hollywood, Andaz Napa, Andaz Scottsdale
Resort & Spa, Andaz Savannah, Andaz Maui at Wailea Resort, Andaz Munich
Schwabinger Tor, Andaz Ottawa ByWard Market, Andaz Mayakoba Resort
Riviera Maya, Andaz Costa Rica Resort at Peninsula Papagayo, Andaz
London Liverpool Street, Andaz Amsterdam Prinsengracht, Andaz Singapore,
Andaz Delhi, Andaz Xintiandi in Shanghai, Andaz Tokyo Toranomon Hills,
and Andaz Capital Gate Abu Dhabi. For more information, please visit andaz.com.
Follow @Andaz on Facebook, Twitter and Instagram,
and tag photos with #WhenInAndaz.
About Grand Hyatt
Around the world, Grand Hyatt hotels bring travel dreams to life by
celebrating the iconic in small details and magnificent moments. Located
at the crossroads of local culture and global business within major
gateway cities and resort destinations, each Grand Hyatt hotel is
uniquely designed to be a captivating destination within a destination.
Grand Hyatt hotels deliver welcoming and elevated service, first-class
accommodations and an abundance of options within a multicultural
backdrop of dramatic architecture and bold and vibrant design. Grand
Hyatt properties boast inventive restaurants, luxury spas, fitness
centers, and business and meeting facilities. For additional information
or to make a reservation, please visit grandhyatt.com. Follow
@GrandHyatt on Facebook
and Instagram,
and tag photos with #GrandHyatt.
About Park Hyatt
Park Hyatt hotels provide discerning, global travelers with a refined
home-away-from-home. Guests of Park Hyatt hotels receive quietly
confident and personalized service in an enriching environment. Located
in several of the world’s premier destinations, each Park Hyatt hotel is
custom designed to combine sophistication with understated luxury. Park
Hyatt hotels feature well-appointed guestrooms, world-renowned artwork
and design, rare and immersive culinary experiences, and signature
restaurants featuring award-winning chefs. There are currently 40 Park
Hyatt hotels in the following locations: Abu Dhabi, Bangkok, Beaver
Creek, Beijing, Buenos Aires, Busan, Canberra, Changbaishan, Carlsbad,
Chennai, Chicago, Dubai, Guangzhou, Hamburg, Hangzhou, Hyderabad,
Istanbul, Jeddah, Maldives, Mallorca, Melbourne, Mendoza, Milan, Moscow,
New York, Ningbo, Paris, Saigon, Sanya, Seoul, Shanghai, Siem Reap, St.
Kitts, Sydney, Tokyo, Toronto (under renovation), Vienna, Washington,
D.C., Zanzibar, and Zurich. For more information, please visit parkhyatt.com. Follow
@ParkHyatt on Facebook,
Twitter
and Instagram,
and tag photos with #LuxuryIsPersonal.
Forward-Looking Statement
Forward-Looking Statements in this press release, which are not
historical facts, are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Our actual
results, performance or achievements may differ materially from those
expressed or implied by these forward-looking statements. These
statements include statements about Hyatt’s planned expansion in the
Asia Pacific region and the timing of certain new hotel openings and
involve known and unknown risks that are difficult to predict. In
some cases, you can identify forward-looking statements by the use of
words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,”
“anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,”
“likely,” “will,” “would” and variations of these terms and similar
expressions, or the negative of these terms or similar expressions. Such
forward-looking statements are necessarily based upon estimates and
assumptions that, while considered reasonable by us and our management,
are inherently uncertain. Factors that may cause our actual results,
performance or achievements to differ materially from current
expectations include, among others, the rate and the pace of economic
recovery following economic downturns; levels of spending in business
and leisure segments as well as consumer confidence; declines in
occupancy and average daily rate; the seasonal and cyclical nature of
the real estate and hospitality businesses; changes in distribution
arrangements, such as through internet travel intermediaries; changes in
the tastes and preferences of our customers; the financial condition of,
and our relationships with, third-party property owners, franchisees,
and hospitality venture partners; the possible inability of third-party
owners, franchisees, or development partners to access capital necessary
to fund current operations or implement our plans for growth; risks
associated with potential acquisitions and dispositions and the
introduction of new brand concepts; the timing of acquisitions and
dispositions, and our ability to successfully integrate completed
acquisitions with existing operations; our ability to successfully
execute on our strategy to expand our management and franchising
business while at the same time reducing our real estate asset base
within targeted timeframes and at expected values; changes in the
competitive environment in our industry, including as a result of
industry consolidation, and the markets where we operate; our ability to
successfully grow the World of Hyatt loyalty program; cyber incidents
and information technology failures; and other risks discussed in the
Company’s filings with the U.S. Securities and Exchange Commission,
including our Annual Report on Form 10-K, which filings are available
from the U.S. Securities and Exchange Commission. These factors are not
necessarily all of the important factors that could cause our actual
results, performance or achievements to differ materially from those
expressed in or implied by any of our forward-looking statements. We
caution you not to place undue reliance on any forward-looking
statements, which are made only as of the date of this press release. We
undertake no obligation to update publicly any of these forward-looking
statements to reflect actual results, new information or future events,
changes in assumptions or changes in other factors affecting
forward-looking statements, except to the extent required by applicable
law. If we update one or more forward-looking statements, no inference
should be drawn that we will make additional updates with respect to
those or other forward-looking statements.
Contacts
MEDIA CONTACT:
Gloria Kennett
Hyatt
312 780 5506
[email protected]
Angelina Hue
Hyatt
– Asia Pacific
+852 2678 1323
[email protected]
