HBI Staff | Mumbai 
Hyatt Hotels Corporation, have shared Hyatt’s strong development pipeline of more than 35 planned luxury hotels and resorts globally through 2025 across the Park Hyatt, Grand Hyatt, Miraval, Alila, Andaz, Thompson Hotels, and The Unbound Collection by Hyatt brands, as well as Inclusive Collection brands Zoëtry Wellness & Spa Resorts and Dreams Resorts & Spas.
While maintaining its asset-light approach, the hotel has doubled the number of luxury rooms, tripled the number of resort rooms, and quadrupled the number of lifestyle rooms in only five years. With 70 per cent of its rooms categorized as luxury and upper upscale, the company portfolio has grown to meet increased demands for luxury and resort accommodations while upholding consistent, top-tier quality, personalised experiences.
According to a recent World Travel & Tourism Council report, travel and tourism are expected to increase by approximately 12 per cent of global GDP by 2033. In turn, Hyatt’s luxury portfolio is expanding to meet that demand in new international markets. This includes the debut of Park Hyatt hotels in the UK, Mexico, and Malaysia; the Thompson Hotel brand’s expansion in Europe with the first properties in Austria and Italy; the Andaz brand’s growth in the Americas with its first hotel in the Caribbean; The Unbound Collection by Hyatt brand’s first property in India; as well as Hyatt luxury growth in the trending destination of Portugal, with the planned openings of Andaz Lisbon and Dreams Madeira Resort, Spa & Marina.
Mark Vondrasek, Chief Commercial Officer, Hyatt, said, “The upcoming addition of these new hotels and resorts across our global luxury portfolio in sought-after destinations where travelers want to go most reinforces our leadership in this space. Our continued, purposeful growth in the year ahead will follow an insight-led approach, focused on listening to our guests, customers and World of Hyatt members and their evolving travel needs such as a growing desire for immersive and distinct experiences that prioritize wellbeing.”
The company also continues to grow thoughtfully through acquisitions, expanding its portfolio for guests and members with the recently announced acquisition of Mr & Mrs Smith. The integration planned for the near future will unlock direct booking access to hundreds more boutique and luxury hotels including in 20 plus countries where there are currently no Hyatt hotels.
Heidi Kunkel, Senior Vice President Commercial Services, EAME, said “Hyatt’s luxury growth strategy is purposefully ambitious and in the coming years, we will continue to grow with intent through a focus on key leisure destinations, and top-tier brands’ ability to personalize experiences for each guest, member and client, through care. We value our relationship with travel advisors and look to work together on finding new ways to advance care for them and their clients through the transformative growth of our luxury offerings and evolving World of Hyatt benefits.”
