L-r: Alejandro Reynal and Mark Hoplamazian.
Hyatt Hotels Corporation’s Apple Leisure Group (ALG) now has a new man at the top after president and CEO Alejandro Reynal stepped down.
President and CEO of Hyatt, Mark Hoplamazian, has now assumed leadership of the division. To support him, Ray Snisky, group president ALG Vacations, is taking on additional responsibilities related to the business coordination and other operational matters.
Bright future
Reynal has decided to pursue opportunities outside of ALG, following a tenure of three years with the company, which was acquired by Hyatt in November 2021.
He commented: “I am immensely proud of what we have built with the ALG leadership team and our colleagues around the world. We have moved through the toughest time in our industry and come out of it stronger than ever.
“Working with Mark has been an honour – I am thankful to him and his leadership team for how ALG was welcomed into the Hyatt family and impressed by how our team has embraced the opportunities this next chapter brings. I firmly believe in the power of this combination and am very confident in a bright future ahead for both ALG and Hyatt.”
Strong position
Hoplamazian praised: “I am filled with deep gratitude and respect for Alejandro’s leadership throughout the acquisition and our strong first year as one company.
“With expertise and passion, Alejandro has led the ALG team to a position of strength and ensured ALG’s business became a thriving part of Hyatt. We have learned a lot from each other, and I personally thank Alejandro for his partnership and friendship, which will endure. Moving ahead, I look forward to collaborating even more closely with each member of the ALG executive committee as we continue our growth journey together.”
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