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The Thompson Hotels Brand Expands to European Market With the Opening of Thompson Madrid
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Rhea-AI Summary
Hyatt Hotels Corporation (NYSE: H) announces the opening of Thompson Madrid, the first Thompson Hotels property in Spain. The 175-room luxury hotel aims to redefine modern stays with its curated design and local flair. Located on Calle De La Montera, the hotel offers signature dining, unique architecture, and proximity to cultural sites. Its motto, ‘Con la cultura por Montera,’ highlights the blend of culture and luxury. The property is part of Hyatt's strategy to expand its portfolio in Europe, with a second Thompson Hotels location in Vienna set to open in 2024.
Positive
Opening of the first Thompson Hotels property in Spain enhances Hyatt's luxury portfolio.
Thompson Madrid features 175 well-designed rooms and signature dining venues.
Strong location on Calle De La Montera near cultural attractions enhances guest experience.
Collaboration with local artists and chefs promotes cultural engagement.
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None.
The opening of the first Thompson Hotels branded property in Spain marks a significant milestone for Hyatt as it continues to grow its luxury and lifestyle portfolio
CHICAGO--(BUSINESS WIRE)--
Hyatt Hotels Corporation (NYSE: H) announces today the opening of the highly anticipated Thompson Madrid, the first Thompson Hotels branded property in Spain. Setting an inspiring new standard for modern luxury stays, the 175-room hotel is a celebration of thoughtfully curated style and global sophistication with an authentic Madrilenian flair, delivering an exciting destination for culturally astute travelers looking to immerse themselves within the vibrant Spanish capital.
Terrace Suite seating at Thompson Madrid (Photo: Business Wire)
Featuring three signature dining venues, well-appointed spaces with curated design elements and architecture evocative of Madrid's rich heritage, Thompson Madrid truly embodies the identity of its location. Guests are invited to experience all that the city has to offer through creative spaces, unapologetically bold interiors and elevated gastronomy.
Located on Calle De La Montera, which connects the city’s famed main square, Puerta del Sol, to the theaters, cinemas, and boutiques of the lively Gran Via Street, Thompson Madrid is housed in two historic buildings and is a dynamic and refined home base for guests to explore the authentic character of the city. The buzzing neighborhoods of Malasaña, Chueca, and Madrid’s historic city center are within walking distance of the hotel, and a diverse selection of galleries, museums, culinary delights, and cultural landmarks are on every corner.
“We are excited to welcome guests to Thompson Madrid and invite them to immerse themselves into the culture of the city, which can be found inside and outside the walls of the hotel,” said Carlos Erburu Zazpe, general manager of Thompson Madrid. “Inspired by Madrid’s nearby “kilometer Zero,” which marks the spot all distances in Spain are measured from, all journeys start in Madrid and all authentic Madrilenian experiences for our guests begin in Thompson Madrid.”
Stylish Design
The hotel’s rich design is reflective of traditional architecture found across Madrid while embodying Thompson Hotels’ recognizable sense of a contemporary, elevated residence. Madrid-based López y Tena, LYTA Interior Design & Arquitecture Studio created interiors that echo the sights, sounds and flavors of the city. Leather, marble and wood accents are elegantly layered to contribute to the sense of timeless design, integrated with ultramodern and sophisticated amenities. The result is a refined escape that remains rooted in its surroundings.
Evocative and warm details run throughout the hotel’s guestrooms and suites, where floor-to-ceiling windows and private terraces invite guests to absorb the city’s ambience. A signature penthouse suite encompasses two stories and offers stylish and spacious living and dining areas, a bespoke bar and an expansive and enviable private balcony that boasts panoramic views of Madrid.
Culture Lives Here
As an artistic epicenter, Thompson Madrid honors the transformative energy of its local culture. ‘Con la cultura por Montera’ the hotel’s motto, celebrates the dynamic impact that design, music, art, fashion and gastronomy have on Madrid, affirming Calle De La Montera as the heart of the city’s creative community. With this motto in mind and leaning into the Thompson Hotel’s Culture Lives Here platform that celebrates the brand’s passion for elevating noteworthy creatives, the hotel is collaborating with exciting culture shifters to express their meaningful impact on Madrid’s culture.
Nicolás Villamizar, known locally as ‘Ä’, is renowned for his organic and avant-garde compositions that are inspired by Renaissance paintings. He will be creating exclusive pieces of artwork for Thompson Madrid inspired by the city and the hotel including pieces of art adorned across the property, as well as a limited-edition map given to guests at check in, reinforcing the message that culture lives within Thompson Madrid’s walls.
Additionally, fourth generation Chef Nino Redruello serves as the property’s culinary culture shifter, bringing the perfect combination of traditional Spanish offerings with an innovative twist to Thompson Madrid. Through Chef Nino, the property will deliver the art of gastronomy, reflecting a daring and unconventional experience through dishes including sour soup with grilled crab and zucchini, sole with black garlic menier and mushrooms and baked quail in bread crust.
OTEYZA, the local contemporary sartorial couture brand that is deeply rooted in Madrid´s cultural and fashion community, will extend the Culture Lives Here platform into Europe by bringing their Spanish craftsmanship to Thompson Madrid. This joint effort will bring the modern Madrileño spirit to life from within the property as a selected number of their one-of-a-kind hand-made pieces specially designed for the hotel will be displayed in key areas of the hotel.
Signature Food and Drink
Thompson Madrid’s three signature dining venues celebrate the passionate heritage of the city’s gastronomy.
The hotel’s all-day bakery and bistro, located at street level and open to guests and visitors, The Omar, merges mid-century modernism with industrial open plan spaces, inviting guests to sample artisanal patisserie and seasonal, light bites.
While taking in a unique view of Madrid’s landscape from above, guests can discover authentic cuisine and carefully crafted cocktails at Thompson Madrid Rooftop. Alongside the panoramic city views, guests can also enjoy the ambience and beauty of the nearby infinity pool.
When the fiesta spirit takes over, guests, visitants and tourists can follow the whispers to a hidden speakeasy style bar, Hijos de Tomás, which is planned to open this fall. This upscale and intentionally intimate drinking den offers an inventive cocktail menu and live piano music to ease visitors into the evening.
Encounter an event space like no other with Thompson Madrid’s six individual venues. Each space is designed to encourage creative thinking and connection, featuring contemporary, locally influenced interiors evoking the inspiring spirit of Madrid. With capacity for up to 321 guests, delicious food and beverage and state-of-the-art tech amenities, the hotel’s collection of venues is an exciting option for any kind of event, from social gatherings to a bustling business function.
Enriching Amenities
Discover an urban wellbeing oasis on Thompson Madrid’s rooftop, where guests can unwind and lounge in or around the glittering outdoor infinity pool that features a hydromassage system, set against a backdrop of Madrid’s unrivalled skyline.
An open-air courtyard, hilltop residential-style bar and destination day club provide further opulent spaces from which guests can soak up the atmosphere, alongside a 24-hour boutique fitness center that incorporates the latest, cutting-edge equipment.
As well as providing the expected amenities of luxury hotel living, Thompson Madrid is positioned as a cultural institution and offers guests exclusive access to experiences across the city, including tours, art exhibitions and concerts.
Thompson Madrid will mark the third Hyatt-branded hotel in the city joining Hyatt Centric Gran Via Madrid and Hyatt Regency Hesperia Madrid, and the second Thompson Hotels branded property in Europe will soon join with Thompson Vienna slated to open in 2024.
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 Thompson Hotels
Thompson Hotels has transformed conventional hospitality into dynamic cultural moments inspired by the surrounding streets since it first opened in downtown NYC more than 20 years ago. Today, the brand continues to channel local creative energy into its expanding international portfolio of properties, with restaurants helmed by top culinary names, lobbies that double as cultural epicenters, boundary-pushing music programs, and more. The result is a magnetic hub built for collective gathering, where distinct design is an ethos and a signature part of the guest experience. Each hotel serves as an inspiring home base for guests and creatives alike to connect with each other and what moves culture forward. The Thompson Hotels portfolio of lifestyle hotels currently includes The Beekman, Gild Hall and Thompson Central Park New York in New York City; Thompson Washington D.C.; Thompson Nashville; Thompson Seattle; Thompson Chicago; The Cape in Los Cabos, Mexico; Thompson Playa del Carmen on Mexico’s Riviera Maya; Thompson Zihuatanejo on Mexico’s Pacific Coast; Thompson Dallas, Thompson San Antonio, and Thompson Austin in Texas; Thompson Savannah; Thompson Hollywood; Thompson Buckhead; Thompson Denver; and Thompson Madrid in Spain. Follow @ThompsonHotels on Facebook, Twitter, and Instagram for news and updates. For more information, please visit www.thompsonhotels.com.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2022, the Company’s portfolio included more than 1,150 hotels and all-inclusive properties in 72 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Residence Club®, Hyatt Place®, Hyatt House®, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Hyatt Centric®, and Caption by Hyatt; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt™, and JdV by Hyatt™; and the Inclusive Collection, including Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Vivid Hotels & Resorts®, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.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. 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, risks associated with the acquisition of Apple Leisure Group ("ALG"), including the related incurrence of material additional indebtedness; our ability to realize the anticipated benefits of the acquisition of ALG as rapidly or to the extent anticipated, including successful integration of the ALG business; the duration and severity of the COVID-19 pandemic and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the short and long-term effects of the COVID-19 pandemic, including on the demand for travel, transient and group business, and levels of consumer confidence; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution and efficacy of COVID-19 vaccines and treatments, wide acceptance by the general population of such vaccines, and the availability, use, and effectiveness of COVID-19 testing, including at-home testing kits; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the 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 geo-political 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 such as earthquakes, tsunamis, tornadoes, hurricanes, 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 property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of 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 on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management 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; 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, including as a result of the COVID-19 pandemic, 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; violations of regulations or laws related to our franchising business;and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. 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 undertake no 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.
