Four new properties will arrive in key destinations including Mexico City, Los Cabos and Cancun.
Sustained demand
The new properties are expected to start opening in 2024 and will include two Grand Hyatt hotels, a new select-service offering near Cancun International Airport, and the debut of the Park Hyatt brand in Cancun.
Hyatt’s collaboration with PHH reflects a strong development pipeline driven by sustained demand for leisure and luxury travel. Hyatt and PHH state they are committed to thoughtful growth in Mexico by expanding the hotel group’s legacy brands and offering personalised service, distinct food and beverage experiences, and elevated meeting and event spaces in key destinations to serve both leisure and business travellers.
Cancun pair
Two of the four planned projects are for the tourist hub of Cancun. The first, Park Hyatt Cancun, is slated to open in Q3 2025. This resort will offer beachfront access, immersive culinary experiences, bars and lounges and more than 3,000 sq ft of meeting space including a 2,000-sq-ft ballroom. The site will focus on architecture and design, vibrant artwork, personalised service and understated luxury.
The other property is Hyatt Place Cancun Airport, slated to open in late 2026, less than 10 minutes away from Cancun International Airport. This 156-room property will offer a new select-service option for leisure and business travellers, featuring contemporary design, spacious areas and 24/7 conveniences.
Grand duo
The other two new signings are for the Grand Hyatt brand. These are led by Grand Hyatt Mexico Santa Fe, due to open in Q3 2025. This 287-room hotel will be the first urban Grand Hyatt property in Mexico and the second Grand Hyatt hotel in the region. It will offer 360-degree views of the city, more than 10,000 sq ft of meeting and event space and be an integral part of the Distrito Santa Fe mixed use project.
Completing the quartet is Grand Hyatt Los Cabos, planned to open in 2026 and situated within the Oleada Pacific Living & Golf private resort community. This immersive property will offer 1,200 acres of luxury, 15 minutes west of Cabo San Lucas and 30 minutes from Los Cabos International Airport. The 300-room hotel designed by SB Architects will feature an 18-hole golf course designed by golf hall of famer, Ernie Els, and multiple restaurants and bars serving signature cocktails and cuisine.
Intentional growth
Camilo Bolaños, senior vice president of development, Latin America and the Caribbean, Hyatt, said: “Our intentional growth strategy for our portfolio in Mexico is driven by strong relationships with owners like Parks Hospitality Holdings who are helping expand Hyatt’s brand footprint across markets that matter most to our guests, World of Hyatt members and customers.
“Hyatt occupies a unique position in the marketplace, and we believe we are optimally positioned because of our size, scale and portfolio – we are agile enough to create personal relationships, draw on our own experiences and lead with empathy, which allows us to deliver the world-class hospitality for which Hyatt is known.”
Modern and heritage
Charles Elmann Fasja, CEO of Parks Hospitality Holdings, added: “We are honoured to expand our relationship with Hyatt and introduce these exceptional hotels to Mexico. As a world-class tourism destination with a vibrant culture, breathtaking natural beauty, and renowned cuisine, we are proud to contribute to the country’s growth.
“At PHH, we are committed to develop hotels that combine modern design with a nod to our rich heritage, while also supporting local communities. By emphasising sustainability and showcasing Mexican craftsmanship, we are raising the bar for hospitality in the region.”
