Hyatt to Advance Leadership Role in Luxury and Lifestyle With Over 50 Hotel Openings Planned in Next Two Years
Hyatt Hotels (NYSE: H) announced plans to open over 50 luxury and lifestyle hotels worldwide by 2026, showcasing its ambitious growth strategy at ILTM Cannes. The company has expanded its luxury portfolio by 28 hotels in the past three years and doubled its luxury room count since 2017, with 70% of global rooms now categorized as luxury and upper upscale.
The company has also quintupled its lifestyle rooms since 2017, adding 28 lifestyle hotels in 2024 alone. This growth was bolstered by the recent acquisition of Standard International and the creation of a new Lifestyle group headquartered in New York City. Notable upcoming openings include Miraval the Red Sea, Park Hyatt Kuala Lumpur, and Andaz Miami Beach.
Hyatt Hotels (NYSE: H) ha annunciato l'intenzione di aprire oltre 50 hotel di lusso e lifestyle in tutto il mondo entro il 2026, dimostrando la sua ambiziosa strategia di crescita durante l'ILTM Cannes. Negli ultimi tre anni, l'azienda ha ampliato il proprio portafoglio di lusso con 28 hotel e ha raddoppiato il numero delle stanze di lusso dal 2017, con il 70% delle stanze globali ora categorizzate come lusso e upscale superiore.
L'azienda ha anche quintuplicato le sue stanze lifestyle dal 2017, aggiungendo 28 hotel lifestyle solo nel 2024. Questa crescita è stata rafforzata dall'acquisizione recente di Standard International e dalla creazione di un nuovo gruppo Lifestyle con sede a New York. Tra le prossime aperture di rilievo ci sono Miraval the Red Sea, Park Hyatt Kuala Lumpur e Andaz Miami Beach.
Hyatt Hotels (NYSE: H) anunció planes para abrir más de 50 hoteles de lujo y estilo de vida en todo el mundo para 2026, mostrando su ambiciosa estrategia de crecimiento en ILTM Cannes. La compañía ha ampliado su cartera de lujo en 28 hoteles en los últimos tres años y ha duplicado el número de habitaciones de lujo desde 2017, con el 70% de las habitaciones globales ahora clasificadas como lujo y alta gama.
La compañía también ha quintuplicado sus habitaciones de estilo de vida desde 2017, añadiendo 28 hoteles de estilo de vida solo en 2024. Este crecimiento se vio impulsado por la reciente adquisición de Standard International y la creación de un nuevo grupo Lifestyle con sede en Nueva York. Las próximas aperturas notables incluyen Miraval the Red Sea, Park Hyatt Kuala Lumpur y Andaz Miami Beach.
하얏트 호텔 (NYSE: H)는 2026년까지 전 세계에 50개 이상의 럭셔리 및 라이프스타일 호텔을 개장할 계획을 발표하며 ILTM 칸에서 야심찬 성장 전략을 선보였습니다. 지난 3년 동안 이 회사는 럭셔리 포트폴리오를 28개 호텔로 확장하였고, 2017년 이후 럭셔리 객실 수를 두 배로 늘렸으며, 현재 전 세계 객실의 70%가 럭셔리 및 상위 업스케일로 분류되고 있습니다.
이 회사를 통해 2017년 이후 라이프스타일 객실이 5배 증가했으며, 2024년 한 해에만 28개의 라이프스타일 호텔이 추가되었습니다. 이러한 성장은 최근 스탠다드 인터내셔널의 인수와 뉴욕시에 본사를 둔 새로운 라이프스타일 그룹의 창립으로 뒷받침되었습니다. 주목할 만한 향후 개장은 미라발 레드 시, 파크 하얏트 쿠알라룸푸르, 안다즈 마이애미 비치가 있습니다.
Hyatt Hotels (NYSE: H) a annoncé son intention d'ouvrir plus de 50 hôtels de luxe et de style de vie dans le monde d'ici 2026, présentant ainsi sa stratégie de croissance ambitieuse lors de l'ILTM Cannes. Au cours des trois dernières années, l'entreprise a élargi son portefeuille de luxe de 28 hôtels et a doublé le nombre de chambres de luxe depuis 2017, 70 % des chambres mondiales étant désormais classées comme luxe et haut de gamme.
L'entreprise a également quintuplé son nombre de chambres de style de vie depuis 2017, ajoutant 28 hôtels de style de vie rien qu'en 2024. Cette croissance a été renforcée par l'acquisition récente de Standard International et la création d'un nouveau groupe de style de vie basé à New York. Parmi les prochaines ouvertures notables figurent Miraval the Red Sea, Park Hyatt Kuala Lumpur et Andaz Miami Beach.
Hyatt Hotels (NYSE: H) hat Pläne angekündigt, bis 2026 über 50 Luxus- und Lifestyle-Hotels weltweit zu eröffnen, und zeigt damit seine ehrgeizige Wachstumsstrategie auf der ILTM Cannes. Das Unternehmen hat sein Luxusportfolio in den letzten drei Jahren um 28 Hotels erweitert und seit 2017 die Anzahl der Luxuszimmer verdoppelt, wobei 70 % der globalen Zimmer jetzt als Luxus und gehobene Klasse eingestuft sind.
Das Unternehmen hat auch die Zahl der Lifestyle-Zimmer seit 2017 verfünffacht und allein im Jahr 2024 28 Lifestyle-Hotels hinzugefügt. Dieses Wachstum wurde durch die jüngste Übernahme von Standard International und die Gründung einer neuen Lifestyle-Gruppe mit Sitz in New York City unterstützt. Zu den bemerkenswerten bevorstehenden Eröffnungen gehören Miraval the Red Sea, Park Hyatt Kuala Lumpur und Andaz Miami Beach.
- Plans to open 50+ luxury and lifestyle hotels by 2026
- 70% of global rooms are in luxury and upper upscale category
- Doubled luxury room count since 2017
- Quintupled lifestyle rooms since 2017
- Added 28 lifestyle hotels in 2024
- Strategic acquisition of Standard International strengthening lifestyle segment
- None.
Insights
Hyatt's ambitious expansion plan in the luxury and lifestyle segments represents a strategic positioning to capitalize on robust market dynamics. The company's focus on these high-margin segments is particularly well-timed, with
The planned 50+ openings by 2026 represent significant revenue potential, especially given the continued surge in luxury travel demand post-2023. The acquisition of Standard International and Mr & Mrs Smith further strengthens Hyatt's competitive position in the growing lifestyle segment, where they've achieved 5x growth in room count since 2017. Key markets like Miami, London and the Red Sea development indicate a strategic focus on high-value destinations.
This expansion strategy demonstrates strong potential for revenue growth and margin enhancement. Luxury and lifestyle segments typically command premium pricing and higher RevPAR (Revenue Per Available Room), contributing to stronger profitability metrics. The diversification across multiple brands and geographies helps mitigate market-specific risks while creating multiple revenue streams.
The focus on luxury and lifestyle segments is particularly noteworthy as these segments have shown resilience to economic downturns and stronger pricing power. The creation of a dedicated Lifestyle group headquartered in NYC signals serious commitment to this high-growth segment. With 50+ planned openings, Hyatt is positioned for substantial asset-light growth through management and franchise agreements, which typically generate higher-margin, fee-based revenue streams.
Hyatt spotlights ambitious growth strategy in luxury and lifestyle segments, with more focused brand portfolios to unlock the full potential of each brand.
Park Hyatt London River Thames (Photo: Business Wire)
Luxury travel demand surged in 2023 and continues to rise and with Savills forecasting a
The lifestyle hotel segment is similarly thriving, driven by experience-focused offerings that appeal to new generations of travelers. Hyatt has established a significant presence in this segment, having quintupled its lifestyle rooms since 2017 and growing by 28 lifestyle hotels in 2024 alone. This leadership has been further strengthened by the recent acquisition of the brands and most of the affiliates of pioneering lifestyle hospitality company Standard International, along with the creation of a new dedicated Lifestyle group for Hyatt. This group will be headquartered in
Hyatt’s impressive pipeline of over 50 luxury and lifestyle hotels slated to open globally by 2026 includes highly anticipated openings like Miraval the Red Sea, set to debut in late 2025. This project, marking the Miraval brand’s international debut, will be a haven for luxury wellbeing seekers and adventurers and will pave the way to bringing transformative wellness experiences and one of the largest spas in the Red Sea destination.
Other highly anticipated luxury and lifestyle Hyatt openings over the next two years include the likes of Park Hyatt Kuala Lumpur and Park Hyatt Johannesburg, as well the highly anticipated Andaz Miami Beach and Andaz Gold Coast. These projects will build on the high standard set by recent Hyatt openings in the luxury and lifestyle segments, such as Park Hyatt London River Thames, Alila Shanghai as Greater China’s first urban resort-style Alila hotel, The Standard,
“This year, we have much to celebrate at ILTM, the premier event for the luxury hospitality industry. 2024 has been a strong year for the
Evolved brand architecture
For decades, Hyatt’s growth has followed a thoughtful approach, strategically expanding our brands in sought-after destinations and vibrant new markets with a curated lifestyle and luxury properties portfolio. With an established collection of 256 luxury and lifestyle hotels and resorts across 45 countries around the world – including 58 across EAME – Hyatt leads the industry in crafting elevated high-end experiences for its guests.
To unlock the next level of this intentional growth, Hyatt is introducing specific portfolios that reflect greater focus and differentiation and can maximize the potential of each of its brands, including:
The Luxury portfolio features the finest places for the most refined tastes, enriched with unparalleled service, unmatched amenities and high design. These ultraluxe escapes are designed to delight the luxury seekers who delight in the rare and thoughtfully curated, and includes brands such as Park Hyatt, Alila and Miraval.
The Lifestyle portfolio is for guests and visitors who are always at the center of culture, no matter where they are. Encompassing brands such as Andaz, Thompson Hotels and the newly acquired Standard International brands including The Standard and Bunkhouse, these hotel hot spots offer originality in design, dining, and cultural programming, with immersive experiences that transport guests and visitors somewhere else.
“It’s great to be at ILTM in
Full list of luxury and lifestyle openings in the next two years:
Park Hyatt
-
Park Hyatt Los Cabos at Cabo del
Sol (2025) - Park Hyatt Kuala Lumpur (2025)
- Park Hyatt Johannesburg (2025)
- Park Hyatt Phu Quoc (2025)
- Park Hyatt Taipei (2025)
- Park Hyatt Cancun (2026)
- Park Hyatt Mexico City (2026)
Miraval
- Miraval, The Red Sea (2025)
Alila
- Alila Dongao Island (2025)
Andaz
- Andaz Doha (2025)
- Andaz Miami Beach (2025)
- Andaz Lisbon (2025)
- Andaz One Bangkok (2025)
- Andaz Gold Coast (2025)
- Andaz Turks & Caicos at Grace Bay (2026)
Thompson Hotels
-
Thompson
Miami Beach (2025) -
Thompson
Shanghai (2025) - Thompson Monterrey (2026)
Dream Hotels
- Dream Valle de Guadalupe (July 2025)
The Unbound Collection by Hyatt
- Noor-Us-Sabah Palace (2025)
- Hotel La Compañia del Valle (2025)
- Keraton at the Plaza (2025)
Inclusive Collection
- Breathless Puerto Vallarta Resort & Spa (2025)
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 Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241204645922/en/
Patrice Henry
Hyatt
patrice.henry@hyatt.com
Marie Cazaux
Hyatt –
marie.cazaux@hyatt.com
Source: Hyatt Hotels Corporation
FAQ
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