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Grand Hyatt Scottsdale Resort Debuts $115M Renovation

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Grand Hyatt Scottsdale Resort has completed a $115 million property-wide renovation, marking the first Grand Hyatt in Arizona. The former Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch now features 496 updated accommodations, including 18 luxury Casitas and the ultra-luxe Gainey House. The renovation includes six new dining experiences led by celebrity chef Richard Blais, a 2.5-acre pool complex with 10 swimming pools, an upgraded Spa Avania, and expanded meeting spaces. The resort will debut a new 24,000-square-foot Arizona Ballroom in January 2025, bringing the total function space to 90,000 square feet.

Il Grand Hyatt Scottsdale Resort ha completato una ristrutturazione che ha coinvolto l'intera proprietà per un valore di 115 milioni di dollari, segnando il primo Grand Hyatt in Arizona. L'ex Hyatt Regency Scottsdale Resort & Spa a Gainey Ranch offre ora 496 sistemazioni rinnovate, tra cui 18 lussuose Casitas e l'ultra-lussuosa Gainey House. La ristrutturazione comprende sei nuove esperienze gastronomiche guidate dallo chef celebre Richard Blais, un complesso di piscine di 2,5 acri con 10 piscine, un Spa Avania migliorata e spazi per meeting ampliati. Il resort presenterà una nuova Arizona Ballroom di 24.000 piedi quadrati a gennaio 2025, portando il totale degli spazi per eventi a 90.000 piedi quadrati.

El Grand Hyatt Scottsdale Resort ha completado una renovación de 115 millones de dólares en toda la propiedad, marcando el primer Grand Hyatt en Arizona. El antiguo Hyatt Regency Scottsdale Resort & Spa en Gainey Ranch ahora cuenta con 496 alojamientos actualizados, incluidas 18 lujosas Casitas y la ultra-lujosa Gainey House. La renovación incluye seis nuevas experiencias gastronómicas dirigidas por el chef famoso Richard Blais, un complejo de piscinas de 2,5 acres con 10 piscinas, un Spa Avania mejorado y espacios para reuniones ampliados. El resort debutará con un nuevo salón Arizona de 24,000 pies cuadrados en enero de 2025, llevando el total del espacio para funciones a 90,000 pies cuadrados.

그랜드 하얏트 스코츠데일 리조트는 1억 1500만 달러 규모의 전면적인 리모델링을 완료하여 애리조나 최초의 그랜드 하얏트가 되었습니다. 이전의 하얏트 리젠시 스코츠데일 리조트 & 스파가 현재 18개의 럭셔리 카시타와 초호화 해인 하우스를 포함하여 496개의 현대화된 숙박 시설을 제공합니다. 이번 리모델링에는 유명 셰프 리차드 블라이스가 이끄는 여섯 곳의 새로운 다이닝 경험, 10개의 수영장이 있는 2.5에이커 규모의 수영장 단지, 업그레이드된 스파 아바니아와 확장된 회의 공간이 포함됩니다. 리조트는 2025년 1월에 24,000제곱피트 규모의 애리조나 볼룸을 새롭게 선보이며, 총 이벤트 공간을 90,000제곱피트로 늘릴 예정입니다.

Le Grand Hyatt Scottsdale Resort a achevé une rénovation complète de la propriété pour un montant de 115 millions de dollars, marquant le premier Grand Hyatt en Arizona. L'ancien Hyatt Regency Scottsdale Resort & Spa à Gainey Ranch propose désormais 496 logements modernisés, y compris 18 Casitas de luxe et la très luxueuse Gainey House. La rénovation comprend six nouvelles expériences culinaires dirigées par le chef célèbre Richard Blais, un complexe aquatique de 2,5 acres avec 10 piscines, un Spa Avania amélioré et des espaces de réunion agrandis. Le resort dévoilera un nouveau Arizona Ballroom de 24 000 pieds carrés en janvier 2025, portant le total des espaces de fonction à 90 000 pieds carrés.

Das Grand Hyatt Scottsdale Resort hat eine umfassende Renovierung in Höhe von 115 Millionen Dollar abgeschlossen und ist das erste Grand Hyatt in Arizona. Das ehemalige Hyatt Regency Scottsdale Resort & Spa in Gainey Ranch bietet jetzt 496 renovierte Unterkünfte, darunter 18 luxuriöse Casitas und das ultra-luxuriöse Gainey House. Die Renovierung umfasst sechs neue Gastronomie-Erlebnisse, geleitet vom prominenten Koch Richard Blais, einen 2,5 Hektar großen Poolbereich mit 10 Schwimmbecken, ein aufgewertetes Spa Avania und erweiterte Tagungsräume. Das Resort wird im Januar 2025 einen neuen Arizona Ballroom mit 24.000 Quadratfuß eröffnen, wodurch die gesamte Veranstaltungsfläche auf 90.000 Quadratfuß erhöht wird.

Positive
  • $115M property renovation completed
  • Partnership with celebrity chef Richard Blais for six dining venues
  • Expansion of meeting space to 90,000 square feet, enhancing revenue potential
  • Upgrade from Hyatt Regency to luxury Grand Hyatt brand positioning
Negative
  • None.

Insights

The $115 million renovation of Hyatt's Scottsdale property represents a significant strategic investment that should strengthen the company's luxury portfolio positioning. The transition from Hyatt Regency to Grand Hyatt branding signals an upmarket move that typically commands higher room rates and attracts more affluent guests.

Key value drivers include:

  • Expansion of meeting space to 90,000 square feet, enabling larger corporate events and potentially higher group booking revenues
  • Partnership with celebrity chef Richard Blais across 6 dining venues, which should drive F&B revenue growth
  • Addition of luxury amenities like the 2.5-acre pool complex and enhanced spa facilities that justify premium pricing

The timing aligns with strong post-pandemic recovery in luxury travel and growing demand for high-end resorts in the Scottsdale market. This investment positions Hyatt to capture increased market share in the lucrative Southwest luxury segment.

Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch has transitioned to the first Grand Hyatt hotel in Arizona, with renovated accommodations, pool, suites, and new food and beverage concepts

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Hyatt Hotels Corporation (NYSE: H) is proud to announce Grand Hyatt Scottsdale Resort has completed its highly anticipated $115 million property-wide renovation. The property, formerly known as Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch, marks the first Grand Hyatt hotel in Arizona. The newly reimagined luxury resort invites guests to connect with the captivating spirit of the American Southwest, complemented by six elevated dining experiences in partnership with celebrity chef Richard Blais, expanded pool and cabana offerings, a refreshed Spa Avania, expanded group meeting space capabilities, and more.

Grand Hyatt Scottsdale Resort Pool (Photo: Business Wire)

Grand Hyatt Scottsdale Resort Pool (Photo: Business Wire)

"We are thrilled to unveil Grand Hyatt Scottsdale Resort, marking a significant milestone as the first Grand Hyatt in Arizona and elevating our presence in this dynamic market," says Ripton Melhado, Senior Vice President, Field Operations at Hyatt. "As a cornerstone of our expanding Grand Hyatt portfolio, this resort will deliver the brand's signature blend of sophisticated luxury and bold experiences, while authentically capturing the spirit and distinctive character of the American Southwest."

Refined Guestrooms, Suites, and Casitas

The resort's design, executed by international architectural firm, WATG, and Phoenix-based firm, Hale Collective, seamlessly integrates with its surroundings, offering dramatic mountain vistas while celebrating the interplay of light, water, and desert botanicals. The project harmoniously blends sophisticated architecture with the raw beauty of the Sonoran Desert, creating an unparalleled, captivating atmosphere. The renovation includes 496 updated accommodations, including the resort’s 18 luxury Casitas, and the ultra-luxe, two-story Gainey House, which features a private entrance and driveway, private patio and barbeque, and incredible pool views.

Guests can choose from various room types to suit their needs, ranging from residential-style luxury casitas to king and queen bed accommodations and accessible rooms. Every guest room on property features a multi-purpose living space, a spa-inspired bathroom, and a private balcony or patio. Optimal for groups of friends and families, the resort’s casitas offer separate living spaces for entertaining and gathering. They are also equipped with a kitchenette and dual bathrooms with sweeping views of the resort’s pool and surrounding golf course.

Star-Studded, Imaginative Dining Concepts

The resort is debuting four new food and beverage concepts – La Zozzona (Modern Italian Chophouse), Tiki Taka (global small plates), Mesa Centrale (Southwestern grill), and Grand Vista Lounge (lobby bar). The property has already introduced two new poolside concepts - Sandbar and H2Oasis. The restaurants are spearheaded by celebrated chef and James Beard nominated cookbook author, Richard Blais. A graduate of the Culinary Institute of America in New York, Blais honed his craft in some of the world’s most illustrious kitchens, such as The French Laundry, Daniel, Chez Panisse and El Bulli. He currently co-stars alongside Gordon Ramsay on FOX's hit cooking competition, Next Level Chef, and was the first winner of Bravo's Top Chef All-Stars. Blais is bringing his robust experience in the industry to six concepts at the resort.

Soak in Paradise: An Elevated Poolside Experience

Outside, guests will uncover a new aquatic wonderland with the resort’s upgraded 2.5-acre destination pool complex and expanded cabanas, offering a perfect blend of relaxation, excitement, and entertainment for visitors of all ages. The 2.5-acre outdoor oasis features 10 unique swimming pools and a pristine sand beach. At the heart of the complex stands a thrilling three-story, high-speed waterslide, promising excitement for adventure enthusiasts of all ages, while a tranquil whirlpool spa offers a haven for relaxation seekers. For those looking for more activities, a beachside putting green provides a novel touch to this already exceptional escape.

The New Spa Avania: Destination-Inspired Wellbeing Offerings

In mid-September, the refreshed Spa Avania introduced a revolutionary wellness experience choreographed to the science of time. As the first Arizona spa to align treatments with the body's natural daily rhythms, Spa Avania offers a holistic journey from morning awakening to evening unwinding. This innovative approach combines personalized treatments, mineral water therapy, synchronized music, and tailored nutrition to create an immersive experience respecting the body's changing needs. New treatments include Cryo Sculpt Facials, Desert Essence Wraps, CBD Trigger Point Therapy Massage and more. The spa invites guests to enjoy 19 treatment rooms, including garden and couple-friendly options, a Himalayan Salt Room, state-of-the-art exercise facilities and various therapeutic amenities.

Abundance of Outdoor Experiences

Celebrating natural curiosity and a sense of adventure, the resort offers visitors winding jogging paths through native flora, scenic bicycle trails that showcase the desert's beauty, and complimentary bikes to fully embrace the Sonoran landscape. Additional recreation activities include 27 holes of championship golf at the adjacent Gainey Ranch Golf Club, where players can perfect their swing amidst stunning mountain vistas. Two lighted tennis courts allow for matches under the starry desert sky, while eight pickleball courts cater to enthusiasts of this popular sport.

Grand Gatherings in a Brand-New Arizona Ballroom

In October, Grand Hyatt Scottsdale Resort unveiled its fully renovated existing meeting space that includes a revitalization of the 14,000 square foot Vaquero Ballroom, as well as the remaining 52,000 square feet of existing indoor/outdoor function space. Finalizing the elevated meetings and events capabilities, and set to debut in January 2025, is the resort’s grand Arizona Ballroom. Upon completion, the Arizona Ballroom will have nearly tripled in size to 24,000 square feet to make Grand Hyatt Scottsdale Resort a gold standard for meetings and events in the region. In total, the expanded Arizona Ballroom will join the completely renovated meeting and event spaces to house a total of 90,000 square feet of indoor/outdoor function space, including 35,000 square feet of outdoor space and an additional 10,000 square feet of pre-function space. Groups can take advantage of 48 dynamic meeting rooms, onsite AV support, and high-speed internet.

To learn more about the Grand Hyatt brand, please visit grandhyatt.com. For more information or to book a reservation, please visit grandhyattscottsdale.com.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Grand Hyatt Scottsdale Resort

The beauty of the majestic McDowell Mountains, palm trees, cacti, wildflowers, and the spirit of Sonoran Desert combine to create the Southwestern elegance of Grand Hyatt Scottsdale Resort. Guests enjoy the many recreational amenities this desert oasis has to offer including the 2.5-acre water playground complete with 10 pools, a 30’, 3-story, high-speed waterslide and its signature sand beach. Additional amenities include 27 holes of championship golf, world-class tennis, miles of jogging and bicycle trails and the award-winning Spa Avania, the first spa experience choreographed to the science of time. Other highlights feature four distinctly different food & beverage concepts by celebrated chef Richard Blais, two outdoor bars, and programming to connect guests to the resort’s locale. In addition, this premier meeting venue offers 90,000 square feet of indoor and outdoor function space, providing both quality and flexibility of space. For more information visit www.grandhyattscottsdale.com.

About Grand Hyatt

Around the world, Grand Hyatt hotels bring travel dreams to life by celebrating the iconic in small details and magnificent moments. Located at the crossroads of local culture and global business within major gateway cities and resort destinations, each Grand Hyatt hotel is uniquely designed to be a captivating destination within a destination. Grand Hyatt hotels deliver welcoming and elevated service, first-class accommodations and an abundance of options within a multicultural backdrop of dramatic architecture and bold and vibrant design. Grand Hyatt hotels boast inventive restaurants, luxury spas, fitness centers, and business and meeting facilities. For additional information or to make a reservation, please visit grandhyatt.com. Follow @GrandHyatt on Facebook and Instagram, and tag photos with #GrandHyatt.

About Xenia Hotels & Resorts, Inc.

Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 31 hotels comprising 9,408 rooms across 14 states. Xenia’s hotels are in the luxury and upper upscale segments and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, and The Kessler Collection. For more information on Xenia’s business, refer to the Company website at www.xeniareit.com

Forward Looking Statements. Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about our plans, strategies, outlook, occupancy, the amount by which the Company intends to reduce its real estate asset base, the expected amount of gross proceeds from the sale of such assets, and the anticipated timeframe for such asset dispositions, the number of properties we expect to open in the future, pace and booking trends, the expected timing and payment of dividends, RevPAR trends, our expected Adjusted G&A Expense, our expected capital expenditures, our expected net rooms growth, our expected system-wide RevPAR, our expected one-time integration-related expenses, financial performance, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geopolitical conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as earthquakes, tsunamis, tornadoes, hurricanes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute our strategy to expand our management and hotels services and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; our ability to maintain effective internal control over financial reporting and disclosure controls and procedures; declines in the value of our real estate assets; unforeseen terminations of our management and hotels services or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our franchising business and licensing businesses and our international operations; and other risks discussed in the Company's filings with the SEC, including our annual reports on Form 10-K and quarterly reports on Form 10-Q, which filings are available from the SEC. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Meredith Beyer

Meredith.Beyer@Hyatt.com

Source: Hyatt Hotels Corporation

FAQ

When will Grand Hyatt Scottsdale Resort's new Arizona Ballroom open?

The new Arizona Ballroom at Grand Hyatt Scottsdale Resort is set to debut in January 2025.

How much did Hyatt (H) invest in the Scottsdale Resort renovation?

Hyatt invested $115 million in the property-wide renovation of the Grand Hyatt Scottsdale Resort.

How many dining venues does the renovated Grand Hyatt Scottsdale Resort feature?

The resort features six dining venues, all spearheaded by celebrity chef Richard Blais.

How many rooms does the renovated Grand Hyatt Scottsdale Resort have?

The resort features 496 updated accommodations, including 18 luxury Casitas and the Gainey House.

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