Hyatt Hotels Corporation announced that Hyatt plans to grow its Americas brand portfolio with the expected opening of more than 50 full service and select service hotels in 2020 and the addition of more than 140 additional hotels to its pipeline of hotels expected to open by 2022.
This growth is set to fuel Hyatt’s regional brand presence by 33 percent of its current Americas portfolio. Newly executed deals for properties – under management and franchise agreements – will join 585 Hyatt hotels that are currently open and operating in the Americas.
Hyatt Announces 33 percent growth by 2022 in Americas full service and select service brand portfolios.
The Americas region continues to be a top priority for Hyatt and prospective developers due to business demand in several strong regional markets like California, Texas, New York, Canada and Mexico.
“Hyatt remains focused on thoughtfully growing our full service and select service portfolio of brands in the Americas region – and growing and running our core hotel business: the development, management and franchising of full service and select service hotels, while being best-in-class,” said Pete Sears, Americas group president, Hyatt. “Hyatt’s Americas growth through 2022 further signals incredible strength in our brand among owners, customers, and guests across the largest region within Hyatt’s global portfolio.”