Group overview: Hyatt to add 345 hotels to global portfolio

by | 08 Apr 2021 | Portfolio

CGI of the forthcoming Hyatt Place London City/East (imagery: © Hyatt)

According to the TOPHOTELPROJECTS construction database, Hyatt Hotels Corporation currently has almost 350 schemes in its pipeline, with a heavy focus on APAC and North America.

In the coming years, Hyatt Hotels Corporation plans to open 345 hotels with a total of 74,587 rooms around the world, our data indicates. We take a closer look at these projects and highlight some of the most noteworthy ones.

Hyatt hotel openings by year

Both in 2021 and 2022, Hyatt has 115 scheduled launches, with 23,353 keys earmarked for the former and 24,665 for the latter. In 2023, things slow down quite a bit, with only 46 openings and 10,728 rooms on the books as of now. For 2024 and beyond, another 69 projects and 15,841 keys have been mooted.

Of Hyatt’s 345 new properties, 208 will be in the four-star category, while the remaining 137 hotels are targeting the five-star luxury segment.

Top growth markets for Hyatt

The APAC region will see the most growth overall for Hyatt, with 164 openings and 37,832 rooms on the cards here. China is by far the most dynamic market (121 hotels, 27,236 keys), although the group is also driving forward expansion plans in India (eight hotels, 1,165 keys).

North America will get 126 additional properties with 24,810 keys. The US, Hyatt’s home country, takes the lead in this region with 95 openings and 19,519 rooms having been proposed. Canada follows rather far behind with 14 ongoing projects and 2,251 keys in the pipeline.

Elsewhere, Hyatt will expand its portfolio by 30 hotels in Europe, 14 projects in the Middle East, six properties in Africa and five schemes in South America.

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Hyatt’s five fastest growing hotel brands

Hyatt Place takes the lead on a brand-by-brand basis – it’s aiming to grow by 81 hotels and 14,768 keys. Hyatt Regency is next in line with 67 properties and 17,968 rooms in the works.

Meanwhile, the Hyatt House brand will add 35 new locations and 5,061 keys, while Hyatt Centric will grow its footprint by 31 hotels and 5,957 rooms. Finally, Grand Hyatt will soon complete 23 projects with 8,743 keys.

Upcoming Hyatt launches you need to know about

In Q3 2023, guests will be able to stay at the 800-room Grand Hyatt Miami Beach. This 17-storey hotel will be within walking distance of the beachfront, Lincoln Road Mall, The Bass and The Fillmore Miami Beach. Its facilities will include meeting and events spaces, a resort-style pool deck with panoramic views, retail outlets and F&B venues.

On the other side of the globe, Andaz Macau will open its doors towards the end of 2021. This property, which is directly connected to Galaxy International Convention Centre and the 16,000-seat Galaxy Arena, will feature 700 luxurious guestrooms and suites, an Andaz Lounge, a bar and restaurant, a state-of-the-art fitness centre and an indoor pool. The hotel will also be part of the Galaxy Integrated Resorts precinct, where guests have easy access to 1.1 million sq m of entertainment, shopping, leisure and dining options.

Lastly, the 280-key Hyatt Place London City/East is another property slated to open this year. What used to be an aparthotel under the Black Lion House brand is currently getting reimagined by Dexter Moren Associates. Upon completion, it’ll boast a lounge on the ninth floor, as well as a rooftop bar with views of the city and Canary Wharf. On the lower ground floor, moreover, guests will find an orangery, courtyard, gym, and grab-and-go food market.

Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.

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ABOUT THE CHAIN

As it continues to grow, Hyatt Hotels Corporation doesn't lose sight of what’s most important - people. Hyatt is a company that was built by family.

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