Asia Pacific to see over 20 new Hyatt hotels by 2020 [Infographic]
Sanya, China. One of the cities Hyatt plans to reach with the expansion of their luxury portfolio
Hyatt has a full pipeline for Asia Pacific as part of an ambitious growth plan for several of its brands in the area
Hyatt Hotels has its sights set on the Asia Pacific hotel market, where it plans to open an incredible 21 hotels before the end of 2020.
Hyatt grows across its brands in Asia Pacific
The hotel giant is planning on making good use of its varied portfolio of brands as its expansion plans include new hotels under the Grand Hyatt, Park Hyatt, Andaz and Alila brand umbrellas. This will give Hyatt a varied and solid presence in the region.
Patrick Finn, senior vice president of real estate and development, Asia Pacific for Hyatt, said of the developments, “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.”
Finn is referring to planned openings in cities including Seoul, Dubai, Shenzhen, as well as resort destinations like Bali, Sanya and Xiamen in China.
Luxury offerings on the up
With this 21-property expansion, Hyatt plans on significantly increasing its luxury offering in the Asia Pacific market.
Considering the brands Hyatt plans on either introducing or building on, the company’s luxury presence in the region is set to grow by 25%.
Finn commented on this, saying, “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.”
The Grand Hyatt and Andaz brands will see the opening of six new properties in Asia Pacific, while seven Park Hyatt hotels will launch in the Asia Pacific within two years.
This number is important for Park Hyatt, as it will almost quadruple the number of properties they usually open in a 12-month period.
“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 travellers who seek greater personalization, whether they are traveling for business or leisure,” she added.
Here is a special TOPHOTELCONSTRUCTION infographic showcasing Hyatt’s project pipeline and brands in Asia Pacific.
Let’s take a look at a few other projects currently underway by Hyatt in the Asia Pacific region:
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