Hyatt announced plans to expand its luxury portfolio in Asia by more than 20 hotels. The 21 new properties are all scheduled to open by the end of 2020. The expansion boosts Hyatt’s luxury footprint in Asia by more than 25 percent. Properties include those under the Park Hyatt, Grand Hyatt, Andaz and Alila brands.
A record seven Park Hyatt hotels open in less than two years. Andaz doubles its Asia Pacific footprint. The Alila brand was integrated into the Hyatt portfolio last year and this year joins the World of Hyatt loyalty program with its two resorts in Malaysia and Oman.
“We see enormous potential to grow our luxury portfolio in Asia Pacific, which currently accounts for 40 percent of Hyatt’s overall portfolio in the region,” said Patrick Finn, senior vice president, real estate and development, Asia Pacific, Hyatt. “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.”
Throughout the remainder of the year, expect openings from Andaz in the United Arab Emirates and South Korea; Grand Hyatt in Saudi Arabia, India and China; and Park Hyatt in New Zealand, Qatar, Indonesia, Japan and China. Next year’s openings include new arrivals in Malaysia, Oman, Indonesia, China, Korea, Kuwait and Japan.
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