Hyatt has announced a significant milestone, with its development pipeline reaching nearly 130,000 rooms—a record high and an impressive 85% increase since 2017.
This growth has been fuelled by the expansion of its lifestyle and resort segments, as well as the recent launch of its Hyatt Studios extended stay brand.
Upcoming additions to Hyatt’s dynamic lifestyle portfolio include:
– Thompson Palm Springs (expected September 2023)
– Andaz Miami Beach (2024)
– Thompson Miami Beach (2024)
– Andaz Doha (2024)
– Thompson Rome (2025)
– Andaz One Bangkok (2025)
– Thompson Shanghai Expo (2025)
– Caption by Hyatt Ba Son Saigon (2025)
– Caption by Hyatt Sydney Capitol Square (2025)
– Andaz Turks & Caicos at Grace Bay (2026)
– Thompson Seville (2026)
The group has also revealed over 250 deals in various stages of negotiation for the Hyatt Studios concept, with confirmed locations including Barrie (Ontario), Oxford (Mississippi), Chesapeake (Virginia), Jacksonville (Florida), Billings (Montana), and Lehigh Valley (Pennsylvania).
Additionally, the Grand Hyatt brand will see rebranded properties in Indian Wells, Scottsdale, and Singapore this year, along with new hotels in Kunming, Deer Valley, Grand Cayman, Mexico City, Los Cabos, and St Lucia slated for completion by 2026.
Hyatt’s Inclusive Collection will grow with the addition of Dreams Madeira Resort Spa & Marina (2024), Secrets Playa Esmeralda Punta Cana (2024), and Secrets Baby Beach Aruba (2025). The group also plans to introduce its ATONA hot spring ryokan brand in Japan by 2026.
Commenting on these developments, Mark Hoplamazian, President and Chief Executive Officer of Hyatt, said: “Hyatt’s ability to lead the industry in net rooms growth for seven years is a result of our unique approach to development. We strategically expand our portfolio of brands, intentionally selecting new and existing markets to enhance our network effect for owners and guests. Our commitment to thoughtful organic growth and strategic acquisitions amplifies our asset-light business model. Our goal is not to be the largest hospitality company, but the company most valued by colleagues, guests, and owners.”
Hyatt’s focused expansion strategy underscores its commitment to quality growth and market responsiveness, setting a robust foundation for future developments in the hospitality industry.