Hyatt Hotels Corporation has announced the completed acquisition of London-based Mr & Mrs Smith, a global travel platform that provides direct booking access to a collection of more than 1,500 boutique and luxury properties. With this addition, Hyatt has added more than 20 new countries to its global portfolio, including Fiji, Croatia, Iceland and Anguilla. Hyatt acquired 100 percent of the asset-light Mr & Mrs Smith platform for an enterprise value of £53 million in cash consideration.
Hyatt further continues its growth journey on the heels of doubling the number of luxury rooms, tripling the number of resort rooms and quadrupling the number of lifestyle rooms over the past five years. Hyatt is poised to build upon that momentum with expansive opportunities globally across its brand portfolio and developer interest in Hyatt Studios, Hyatt’s new extended-stay brand entry into the upper-midscale segment in the Americas.
Organic Growth Continues Across All Brand Collections
Boundless Collection hotels slated to open in 2023 and beyond include:
- Expansion of the Alila brand with Alila Dongao Island in China and Alila Shanghai.
- The international expansion of the Caption by Hyatt brand with Caption by Hyatt Zhongshan Park Shanghai in China, Caption by Hyatt Namba Osaka and Caption by Hyatt Kabutocho Tokyo in Japan, and Caption by Hyatt Sydney in Australia.
- Growth of the Thompson Hotels brand in new markets including Thompson Palm Springs, Thompson Rome and Thompson Shanghai.
- International growth of the Andaz brand with the anticipated debut of the first city-center Andaz hotel in Thailand with Andaz Bangkok and the debut of the Andaz brand in Qatar, with the opening of Andaz Doha slated for late 2023.
- Continued growth of the Hyatt Centric brand in the Asia Pacific region with Hyatt Centric City Centre Kuala Lumpur as well as Hyatt Centric Zhongshan Park Shanghai and Hyatt Centric Xiamen Ocean Front and in Canada with Hyatt Centric Jarvis Street Toronto.
Hyatt is also continuing to strengthen its Timeless Collection brand footprint globally. These include:
- Expansion of the Hyatt Regency brand on the heels of a strong business transient and group travel recovery with Hyatt Regency Baytown-Houston and Hyatt Regency Conroe in Texas, Hyatt Regency Mexico City Insurgentes and Hyatt Regency San Luis Potosí in Mexico, Hyatt Regency Kotor Bay Resort in Montenegro, Hyatt Regency Pravets Resort in Bulgaria, Hyatt Regency Changshu KunCheng Lake, Hyatt Regency Hangzhou International Airport and Hyatt Regency Xian Airport in China as well as Hyatt Regency London Blackfriars in the United Kingdom and Hyatt Regency Madinah in Saudi Arabia.
- The Hyatt Place and Hyatt House brands continued global growth with the anticipated opening of Hyatt Place Asheville (Airport) North Carolina, Hyatt Place Boise/Meridian in Idaho, Hyatt House Mall of America/MSP Airport in Minnesota, Hyatt Place and Hyatt House Mississauga - Airport Corporate Centre in Canada, and the debut of the Hyatt Place brand in Malaysia with Hyatt Place Johor Bahru, Vietnam with Hyatt Place Ha Long Bay, Bai Chay and Indonesia with Hyatt Place Makassar.
- The growth of the Park Hyatt brand with Park Hyatt Kuala Lumpur in Malaysia and Park Hyatt Changsha in China.
- The introduction of Grand Hyatt in new markets with planned openings such as the Grand Cayman and Kunming, China with the anticipated openings of Grand Hyatt Grand Cayman and Grand Hyatt Kunming, in addition to the Murcia region of Spain with the opening of Grand Hyatt La Manga Club Golf & Spa, the brand’s debut in Spain.
- The debut of three Hyatt brands in Kenya by 2024, including Hyatt Regency Nairobi as well as the first dual-branded Hyatt project in Africa, Hyatt Place Nairobi Westlands and Hyatt House Nairobi Westlands.
Inclusive Collection represents the largest collection of luxury all-inclusive resorts in the world. It is expected to debut six new resorts by the end of 2024, highlighted by:
- New and exciting brands that continue to elevate the all-inclusive experience, such as the recently announced Impression by Secrets brand with the opening of Impression by Secrets Isla Mujeres.
- Continued expansion of the Secrets brand across the Americas with Secrets Tides Punta Cana, Secrets St. Lucia Resort & Spa, and Secrets Tulum Resort & Beach Club.
- Dreams Estrella del Mar Mazatlan Golf & Spa Resort in Mexico and Dream Madeira Resort Spa & Marina in Portugal.
- The debut of Zoëtry Halkidiki, marking the first Zoetry-branded property in Greece.
Independent Collection hotels are all unique—from storied properties and vibrant neighborhood locales to immersive retreats. This collection offers travelers enriching experiences in distinct ways, spotlighted by planned openings that include:
- Continued expansion of The Unbound Collection by Hyatt with Hotel Toranomon Hills, the brand’s second property in Japan, and Kennedy 89, the brand’s first property in Frankfurt, Germany.
- The debut of the JdV by Hyatt brand in India with Ronil and the debut of the JdV by Hyatt brand in China with the FILA HOUSE in Shanghai and the Sonya Hello Kitty Hotel in Hainan.
For more information about Hyatt hotels, visit www.hyatt.com.
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