Hyatt says it now has a portfolio of just under 130,000 rooms, a record number and an increase of nearly 85 percent since 2017.
The group said the figure had been driven by growth in its lifestyle and resort segments, as well as the recent launch of its extended stay brand Hyatt Studios.
Upcoming additions to the group's lifestyle portfolio include:
Thompson Palm Springs (expected to open in September), Andaz Miami Beach (2024), Thompson Miami Beach (2024), Andaz Doha (2024), Thompson Rome (2025), Andaz One Bangkok (2025), Thompson Shanghai Expo (2025 ), Hyatt Ba Son Saigon Caption (2025), Hyatt Sydney Capitol Square Caption (2025), Andaz Turks & Caicos at Grace Bay (2026) and Thompson Sevilla (2026).
Hyatt's Thompson brand will debut in Seville
Hyatt said it now has more than 250 deals in various stages of negotiation for the Hyatt Studios concept, with deals confirmed for locations including Barrie (Ontario), Oxford (Mississippi), Chesapeake (Virginia), Jacksonville (Florida), Billings (Montana ). and Lehigh Valley (Pennsylvania).
The group's Grand Hyatt brand will welcome renowned properties in Indian Wells, Scottsdale and Singapore this year, as well as new construction hotels in Kunming, Deer Valley, Grand Cayman, Mexico City, Los Cabos and St. Lucia between now and 2026.
Meanwhile, the growth of Hyatt's Inclusive Collection will see the addition of Dreams Madeira Resort Spa & Marina (2024), Secrets Playa Esmeralda Punta Cana (2024) and Secrets Baby Beach Aruba (2025).
The group recently announced plans to open the first properties under its ATONA hot spring ryokan brand in Japan by 2026.
Hyatt to debut luxury ryokan brand ATONA in Japan
Commenting on the news, Mark Hoplamazian, president and CEO of Hyatt, said:
“Hyatt's ability to lead the industry in net room growth for seven years is the result of our unique approach to development. We strategically expand our brand portfolio, intentionally selecting new and existing markets to enhance our network effect for owners and guests.
“Our commitment to thoughtful organic growth and strategic acquisitions amplifies our asset-light business model. Our goal is not to be the largest hotel company, but the company most valued by colleagues, guests and owners.”
hyatt.com
