Japan’s First Caption by Hyatt Hotel Opens in Osaka

Hyatt Hotels Corporation (NYSE:H) announced the opening of Caption by Hyatt Namba Osaka, a dynamic, community-minded hotel in the heart of Osaka, Japan. The 167-room lifestyle hotel features self-activated touchpoints, vibrant social spaces, and a trendy design aesthetic with an unmistakable neighborhood feel.

Caption by Hyatt hotels offer a seamless and efficient guest experience that allows guests to customize interactions on their own terms. DIY touchpoints include self-service check-in, digital keys, Staycast streaming technology, hydration stations on every level, flexible co-working space, and lively social and food and beverage concepts.

In June 2022, the brand made its global debut with Caption by Hyatt Beale Street Memphis in the US. Most recently, Caption by Hyatt Zhongshan Park Shanghai opened its doors in China during April 2024 as the brand’s first introduction to the Asia Pacific region. Caption by Hyatt Namba Osaka is expected to be followed by highly anticipated new Caption by Hyatt hotels in Ho Chi Minh City, Sydney and Tokyo in the coming years.

“We are thrilled to announce the launch of the Caption by Hyatt brand hotel in Japan in the heart of Osaka, bringing a brand that combines the design and comfort of a lifestyle hotel with the flexibility of a select-service property,” said Sam Sakamura, vice president, Japan and Micronesia, Hyatt. “Fostering community is a vital part of the Caption by Hyatt ethos and Caption by Hyatt Namba Osaka will certainly play a key role in delivering on that within the vibrant Namba neighborhood. This debut will contribute to the growth of Japan’s tourism sector, while leading the way in facilitating stronger, more authentic social connections for all travelers.”

Ideally Located in the Heart of Osaka

Caption by Hyatt Namba Osaka is situated in one of Osaka’s leading entertainment districts. Ideally located for exploration, the hotel is easily accessed from Kansai and Osaka International Airports and within walking distance of Nippombashi and Namba Metro stations, as well as two major railway stations.

Only a short walk to the world-famous canal-side entertainment district Dōtonbori—characterized by giant illuminated and mechanical signboards including the legendary Glico running man—and the more than 650-yard-long Kuromon Market dating back to the Edo era (1603–1868). Culture vultures will be enthused at their ability to walk to the National Bunraku Theatre—Japan’s headquarters for bunraku puppetry cited on Unesco’s ‘Intangible Cultural Heritage’ list—as well as Osaka Shochikuza Theatre, and Namba Grand Kagez, the hub of comedy culture.

Talk Shop: Intentional Social Space that Encourages Connection

As guests arrive at Caption by Hyatt Namba Osaka, they will enter ‘Talk Shop’, a reimagined arrival experience unique to the brand. Talk Shop is a lively area with an all-day lounge, workspace, coffee shop, eatery, grab-and-go artisanal market, and cocktail bar all rolled into one. Locals and hotel guests alike are invited to dine, work, socialize, and curate their own experiences.

Hosting creative workshops, open mic music nights, pop-up installations, and book clubs, Talk Shop will be the heart of the hotel, and exude the energy of Namba’s community.

Talk Shop events include:

• Japanese Kitchen Knives History and Production: Osaka is known as the 'kitchen of the nation'. Learn about the production process and history of traditional Japanese kitchen knives from the craftsmen of a 70 years-old knife shop in the Sennichimae Doguya-suji shopping arcade.

• Food Sample Making Workshop: Originated in Osaka, food sample making goes back 100 years. The food sample making workshop will consist of learning the traditional techniques from craftsmen from the Sennichimae Doguya-suji shopping arcade.

Locally Inspired Design

On arrival, guests are greeted with a welcome drink with soy milk from a 100-year-old tofu shop in Kuromon Market. A knowledgeable Caption by Hyatt emcee is on hand to support guests with self-service check-in, directions, or recommending local must-sees and dos.

Guests can check-in via the World of Hyatt app and head straight up to one of the hotel’s 167 rooms using a digital key. Inside, guests will discover a playful, thoughtfully designed 215–322-square-foot space curated with form, function, and fun top of mind.

The bold colors and locally inspired art running throughout the hotel creates an environment that is vibrant, unexpected, and has plenty of personality. Large picture windows frame views of the city’s most dynamic district, while hardware inspired by samurai swords, kikkō (tortoiseshell) and yagasuri (arrow feather) patterns, and graphic illustrations of Japanese kimonos, emakimono (handscrolls), and kinchaku (drawstring pouches) are subtle nods to traditional Japanese artwork. Above the beds, guests will encounter energetic murals by Osakan artist ZAnPon, inspired by Kuromon Market and its lively scene attracting customers. In the colorful, utilitarian-style bathrooms, clued-up guests will delight in the mural spelling out “nandeyanen”—an iconic Osakan retort meaning "What the heck?” or “You’re kidding.”

Other facilities include 24-hour Fitness Center and Coin Laundry located on the 2F, open around the clock.

Striving to Be a Good Neighbor: Community and Sustainability

The Caption by Hyatt brand aims to expand the definition of wellness to include a sense of belonging, providing a platform for community, and reflecting the neighborhood in which its hotels are situated. Caption by Hyatt Namba Osaka endeavors to be a part of the Namba community by hiring locally and partnering with local vendors and organizations.

Sustainability is a focus in the hotel’s operating model. Fridges are stocked with locally sourced ingredients, and initiatives like not using single-use plastics, the use of bulk amenities in the bathrooms, and hydration stations on every floor and in public spaces — all have been implemented with sustainability in mind.

“We are excited to introduce the Caption by Hyatt brand and its belief in caring for people and community to one of Japan’s most dynamic locations,” said Shintaro Fukuda, general manager, Caption by Hyatt Namba Osaka. “Our vibrant walls reflect the variety of perspectives and experiences our guests will bring to Caption by Hyatt Namba Osaka, and our hope is for them to make the hotel their own.”

Hyatt Reports First Quarter 2024 Results

Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) reported first quarter 2024 results. Highlights include:

• Comparable system-wide hotels RevPAR increased 5.5% compared to the same period in 2023

• Comparable system-wide all-inclusive resorts Net Package RevPAR increased 11.0% compared to the same period in 2023

• Net Rooms Growth was approximately 5.5%

• Net Income was $522 million and Adjusted Net Income was $75 million

• Diluted EPS was $4.93 and Adjusted Diluted EPS was $0.71

• Adjusted EBITDA was $252 million

• Pipeline of executed management or franchise contracts was approximately 129,000 rooms

• Repurchased approximately 2.5 million shares of Class A and Class B common stock for an aggregate purchase price of $388 million

• Full year comparable system-wide hotels RevPAR is projected to increase 3% to 5% on a constant currency basis compared to full year 2023

• Full year Net Income is projected between $1,135 million and $1,195 million

• Full year Adjusted EBITDA is projected between $1,150 million and $1,190 million and is in line with previously provided 2024 Outlook when adjusting for $30 million of reduced Adjusted EBITDA due to transactions

• Full year Capital Returns to Shareholders is projected between $800 million and $850 million

Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt, said, "The year is off to a great start with gross fee revenue reaching a record of $262 million in the quarter. Our pipeline also reached a new record, expanding 10% year-over-year to 129,000 rooms, and we realized net rooms growth of 5.5%. World of Hyatt membership has grown by 22%, reaching a new record of 46 million members. Significant progress on asset dispositions is further expanding our asset-light earnings mix, reflecting our execution to permanently reduce owned real estate."

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Grand Hyatt Barcelona Officially Opens Its Doors

Hyatt Hotels Corporation (NYSE: H) today announces the opening of Grand Hyatt Barcelona, the first urban Grand Hyatt hotel in Spain, located in one of the most visited cities in the world. Marking the fifth Grand Hyatt hotel operating in Europe, this expansion also reflects Hyatt’s accelerated brand growth in Spain. Hyatt offers the fourth-largest hospitality portfolio in Spain by room count, spanning eight different brands and 50 properties in the country.

Grand Hyatt Barcelona is poised to redefine the city experience, situated in the exclusive Alta Barcelona area. Just minutes from historical treasures like the Monastery of Pedralbes and iconic landmarks such as Camp Nou, home of FC Barcelona, it serves as the ideal destination for exploration. With its array of gastronomic delights and a bespoke spa, Grand Hyatt Barcelona offers not just accommodation but a destination within the city – a haven for those in search of a unique escape or the perfect setting for conferences and meetings, located in one of the top twenty meeting and event destinations in the world.

“Grand Hyatt Barcelona is another charismatic example of the iconic Grand Hyatt brand, offering a captivating accommodation set against impressive architecture and bold design,” said Franck Sibille, Area Vice President & General Manager of Grand Hyatt Barcelona. “We are delighted to welcome guests seeking immersive experiences in the pulse of the local Spanish culture and we are proud of the dynamic and unexpected getaway that we have created.”

The hotel offers 465 meticulously curated guestrooms, including 49 signature suites, and one lavish penthouse, which embody a blend of grandness and sophistication. Infused with Art Deco-inspired design, each room boasts the latest amenities, such as cosmetic products by Natura Bissé, creating an atmosphere of sublime indulgence.

At the heart of the hotel's allure are four distinctive dining destinations that offer a fusion of locally inspired and internationally influenced flavors. Noteworthy among them is Maymanta, the Peruvian restaurant perched on the 19th-floor rooftop, providing breathtaking 360-degree views of Barcelona. Chef Omar Malpartida invites guests on a culinary voyage through the South American landscapes of Perú and its diverse and authentic flavors. Meanwhile, Leña, the steakhouse helmed by renowned Michelin Chef, Dani Garcia, set to open later this year, combines innovation and tradition, offering elegance, savoir-faire and technique as guests witness the culinary art of the embers. For those seeking a delightful spot to enjoy spectacular food and drink, Sofia Bar & Tapas offers a unique blend of Mediterranean cuisine and tapas paired with signature cocktails, which guests can indulge in on the exclusive terrace. For those seeking sweets, Philosophia is a boutique coffee shop boasting a welcoming open-air terrace overlooking Avenida Diagonal and the Alta Barcelona. Philosophia offers delicious pastries, fruit, and salads.

Guests can indulge in world-class wellness facilities at the exclusive Oasis Spa by Natura Bissé, a first-of-its-kind collaboration with the renowned Spanish brand. The spa offers a haven for relaxation with its 807-square-foot (75-square-meter) pool and waterfall, a Turkish steam area, a sauna, and private cabins for signature treatments by Natura Bissé. Guests longing to disconnect and enjoy a rejuvenating experience at Grand Hyatt Barcelona can enjoy an exclusive cabin area with its own hot tub, Turkish bath, and sauna. The hotel also offers an outdoor pool complete with a terrace, sunbeds, pool bar and restaurant.

The hotel incorporates 22 meeting rooms over 35,000 square feet (3,400 square meters), combining captivating settings with state-of-the-art equipment and unparalleled service. The crown jewel of the meeting space facilities is the hotel's 9,300-square-foot (864-square-meter) event space, designed to perfection for hosting conferences and large-scale events.

Commenting on the opening, Javier Águila, Group President, EAME, Hyatt said, “Grand Hyatt Barcelona celebrates Hyatt's dedication to unparalleled luxury and exceptional experiences. An iconic and emblematic landmark in Barcelona, the hotel embraces the lavish style of the Grand Hyatt brand, coupled with a captivating experience. As the second Grand Hyatt property in Spain, today’s opening reflects our accelerated brand growth in Spain and more broadly in Europe, Africa, and the Middle East, and showcases our continued commitment to delivering world-class hospitality.”

John O’ Driscoll, Global Co-Head of Real Estate, AXA IM Alts said, “The successful opening of the Grand Hyatt Barcelona follows a tailor-made refurbishment and rebrand of the hotel since we acquired this property last year. During that time, our asset management team has used its significant repositioning expertise and local market knowledge to improve the specifications and amenities of the property while retaining its historical heritage. Additionally, built upon AXA IM Alts’ foundation of commitment to sustainability, the hotel has undergone significant improvements to enhance decarbonization by phasing out fossil fuels as the primary source of energy and has achieved a LEED Gold certification for energy efficiency. This certification, recognized globally as a symbol of sustainability achievement and leadership, underscores our dedication to minimizing environmental impact while providing exceptional service to our guests. Thanks to all these actions together with the memorable experience associated with the Grand Hyatt brand, visitors will benefit from a world-class hospitality experience complete with modern luxury touches while enjoying a range of culinary and entertainment experiences.”

Hyatt Announces Robust Pipeline in India and Southwest Asia for 2024

Growth in brand footprint to over 55 hotels across leisure and business destinations in the region as brand portfolio expands with JdV by Hyatt as the ninth Hyatt brand in India.

Hyatt Hotels Corporation (NYSE: H) announced plans for the aggressive expansion of Hyatt’s brand portfolio in India and Southwest Asia region, with a robust pipeline of eight new hotels that are expected to open across various leisure and city destinations in 2024. This growth is timed to coincide with the expected rebound of leisure and business travel in the country and the sub-continent.

In 2024, Hyatt’s brand expansion in India and Southwest Asia will continue with its Hyatt Regency, Hyatt Place and Hyatt Centric brands. With an aim to expand the presence of its luxury and lifestyle brands in India, Hyatt also marked the strategic entry of the JdV by Hyatt brand in India with the official opening of Ronil Goa recently. The JdV by Hyatt brand is the ninth Hyatt brand to be introduced in the country reinstating Hyatt’s commitment to growing its footprint in India.

The Hyatt Regency brand, which is a key growth driver for Hyatt in the region, will enter a new destination with the slated openings of Hyatt Regency Kasauli and Hyatt Regency Ghaziabad. The Hyatt Place brand is expected to enter three new locations in the region with Hyatt Place Aurangabad, Hyatt Place Haridwar and in a new country with Hyatt Place Dhaka Uttara (Bangladesh). The Hyatt Centric brand will expand its portfolio with the expected openings of Hyatt Centric Hebbal Bengaluru and Hyatt Centric Ballygunge Kolkata.

“Southwest Asia continues to demonstrate high growth potential and is among the top global growth markets for Hyatt. We have strong expansion plans for 2024 across our portfolio encompassing our legacy brands like Hyatt Regency, Hyatt Place and Hyatt Centric across destinations that will strengthen our brand presence in key markets. This expansion represents our strong commitment and confidence in the Southwest Asia region,” said Sunjae Sharma, managing director, India & Southwest Asia, Hyatt. “Complementing our current portfolio of Hyatt brands in the country, the introduction of the JdV by Hyatt lifestyle brand in India signifies a strategic milestone in Hyatt's thoughtful expansion within the leisure and business segments. We are excited for our guests travelling to Goa to embrace this lifestyle experience. Ronil Goa aligns seamlessly with the brand that encourages living in the moment, making it a perfect addition. We look forward to further enhancing our distinctive brand footprint throughout the sub-continent,” Sharma added.

In 2023, Hyatt’s brand footprint expanded in India with the openings of Hyatt Place Bodh Gaya, Hyatt Place Vijaywada, Hyatt Place Goa Candolim and Hyatt Centric Rajpur Road Dehradun. The expansion across leisure, corporate and spiritual tourism segments has strengthened Hyatt’s brand presence in India and the Southwest Asian region, offering travelers and World of Hyatt members more opportunities to stay at Hyatt hotels.

With these introductions, Hyatt’s India and Southwest Asia portfolio will have nine distinct brands, including Andaz, Alila, Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Centric, Hyatt Place, and JdV by Hyatt. Moreover, Hyatt’s growing brand footprint in India will offer a balanced portfolio designed to provide unique and engaging guest experiences, coupled with Hyatt’s deep understanding of the local and global hospitality standards for which it is known.

Recent and upcoming introductions include:

• Ronil Goa, which is part of the JdV by Hyatt brand, offers a collection of vibrant, independent hotels that are true reflections of urban neighborhoods. Ronil Goa embraces the charm of Indo-Portuguese architecture, evoking the cozy ambiance of a boutique lifestyle property with 12 guest houses comprising 135 guestrooms, including four suites. Ronil Goa is the perfect space for today’s modern lifestyle traveler seeking experiences and adventures in the serene city of Goa. Inspired by Hyatt’s commitment to care, the hotel supports sustainable practices like wooden sustainable key cards, VRV systems, sensor lights, a sewage treatment plant and a water treatment plant, among other practices.

• Hyatt Regency Kasauli is in close proximity to Kasauli, a favoured hill station and retreat in north India, popular for holidays, weekend getaways and retreats. Located at an elevation of 5900 feet, the hotel will offer sweeping views of the destination with 89 rooms and suites. Varied food and beverage offerings include an all-day dining outlet, a signature outdoor bar and pizzeria, and a lobby café and lounge. Additionally, the property will offer approximately 3,000 square feet of function space, an outdoor swimming pool, a spa, and a well-equipped fitness center.

• Hyatt Regency Ghaziabad, the opening of Hyatt Regency Ghaziabad will be an important addition to our portfolio in the Delhi NCR region. The hotel is located in close proximity to the industrial and commercial establishments as well as the affluent residential area. The hotel will feature 120 keys and approximately 19,000 square feet of event space that will make this hotel an ideal place to host social events and business meetings.

• Hyatt Place Aurangabad will be the first Hyatt hotel in Aurangabad, blending modern comforts with Aurangabad’s rich cultural heritage. The hotel will offer 150 rooms, including six suites. The hotel’s food and beverage offerings will include an all-day restaurant, rooftop bar and a grab-and-go outlet. For recreation and fitness, the hotel will feature an outdoor swimming pool and a fitness center.

• Hyatt Place Dhaka Uttara will be the first Hyatt hotel in Bangladesh. The hotel will feature 85 spacious guestrooms including nine suites that offer views of the runway and city. The hotel will offer a fitness center and a temperature-controlled infinity edge rooftop swimming pool. Intimate yet stylish, the hotel will also offer 1,500 square feet of meeting and event space.

• Hyatt Place Haridwar will be the third Hyatt branded property in Uttarakhand and the first international hotel in the land of Ganges. Featuring 110 thoughtfully appointed guestrooms with space to work or relax, the hotel will be conveniently located near popular local attractions and tourist destinations like the beautiful ghats, the historic temples and sprawling gardens of Haridwar. Guests can even revel in the adventure of wildlife expeditions at Rajaji National Park. The hotel will offer a range of amenities such as a well-equipped fitness center, an outdoor pool, convenient dining options including all day dining, complimentary breakfast, a bar, and a meeting room.

• Hyatt Centric Ballygunge Kolkata will be the first Hyatt Centric hotel in the city of joy. Embracing the vibrant essence of Kolkata, the hotel is set to redefine hospitality by seamlessly merging contemporary elegance with an adventurous touch. The hotel pays homage to the city's rich cultural tapestry, unveiling 93 carefully designed guestrooms, including seven suites. The culinary experience at the hotel will offer sensory delight, featuring three thoughtfully conceptualized restaurants. For relaxation and fitness, the hotel will offer an outdoor pool and a well-equipped fitness center. Additionally, it will provide versatile event spaces spanning approximately 4,200 square feet, ideal for both corporate gatherings and social events.

• Hyatt Centric Hebbal Bengaluru will be the second Hyatt Centric hotel in Bengaluru. Located at Hebbal, a fast-growing business hub in the city with close proximity to multiple business parks, this lifestyle hotel will offer 152 rooms, suites and long-stay rooms. Dynamic food and beverage offerings will include an all-day dining outlet, a signature rooftop bar, and a lobby café and lounge. Additionally, the property will feature approximately 10,000 square feet of event space, an outdoor swimming pool, a spa, and a well-equipped fitness center.

Hyatt Continues Strategic Brand Expansion in Europe, Africa and the Middle East Marked by Lifestyle & All-Inclusive Hotel Openings

AluaSoul Costa Adeje and Palace de Muro, a Destination by Hyatt property, slated to open in Spain this year, further strengthen Hyatt’s rapidly growing lifestyle brand presence in region.

Hyatt Hotels Corporation (NYSE: H) highlighted Hyatt’s expected growth trajectory for 2024 and beyond, across Europe, Africa and the Middle East (EAME), underscored by a record year of deal signings in 2023. Hyatt’s commitment to be the preferred brand for guests, customers and owners has resulted in a record pipeline of 127,000 rooms worldwide as of year-end 2023, with key markets including Spain, the United Kingdom, Italy, Portugal, and Greece. This record pipeline represents nearly 40% of existing rooms in the Hyatt portfolio.

Hyatt’s strategic brands growth includes plans for AluaSoul Costa Adeje, which will be an Inclusive Collection resort located in Tenerife, the largest of Spain’s Canary Islands, and Palace de Muro, which will be a Destination by Hyatt property in the historic town of Alcúdia, Mallorca by the end of 2024. These latest planned projects in Spain, under Stoneweg’s ownership, build on another record year of brand growth for Hyatt in the region.

“We are incredibly pleased with the scaled growth we have been able to achieve for our brands throughout Europe, Africa and the Middle East in 2023,” said Javier Águila, group president EAME, Hyatt. “Guided by our purpose of care, we believe our most exciting chapter is ahead of us, and we are committed to reinforcing our position as the preferred hospitality brand amongst guests, customers and owners.

AluaSoul Costa Adeje, a 226-room resort, is slated to open in the last quarter of the year following an extensive renovation. The Inclusive Collection property is located on the beaches of the Adeje coast, in the South of Tenerife, and is ideal for guests seeking a fun-filled getaway. Palace de Muro, which will be a Destination by Hyatt property set to open in 2024, offers an oasis of calm for those looking to relax on beaches of crystal-clear water and white sand near the Albufera natural park. The 184-room resort is located on Muro Beach, Alcudia Bay, where guests are offered the ultimate indulgence, tailored to their every need. Both properties are in the process of being rebranded following a multi-property collaboration with Stoneweg.

Miguel Casas, Managing Director of Stoneweg Hospitality, says: “We are very excited to announce these exciting projects with Hyatt in Spain. The upcoming openings of AluaSoul Costa Adeje and Palace de Muro, are milestones that reflect our dedication to growth and excellence in hotel experiences. These Stoneweg properties not only strengthen Hyatt's brand presence in the region, but also represent the realization of exceptional visions for our guests. We are excited for what's to come and committed to delivering unforgettable experiences.”

“The all-inclusive segment continues to increase in popularity among our key stakeholders and generate opportunities for strategic growth across EAME,” said Javier Coll, global head Hyatt Inclusive Collection growth, Hyatt. “The Inclusive Collection, the largest portfolio of luxury all-inclusive resorts in the world, is the leader in the all-inclusive space with unique brands for varying needs and occasions. Our anticipated 2024 openings in existing markets like Spain and Greece, as well as new markets like Portugal, underscores our commitment to grow our brands with intent in markets that matter most to guests, customers, and owners.”

Further strengthening Hyatt’s growth in 2024 and beyond is an EAME pipeline of more than 70 properties spanning Hyatt's distinct brand collections.

Timeless Collection properties deliver the comforts of a home away from home with a consistently elevated experience. 2024 is marked by significant expansion, particularly with the addition of two properties to the Park Hyatt brand, further reinforcing our brand presence in key primary markets. This expansion follows the notable opening of Park Hyatt Marrakech in December 2023. Additionally, select service brands Hyatt House and Hyatt Place continue to foster Hyatt’s entry into secondary markets. 2024 openings include:

• Hyatt House Leeds and Hyatt Place Leeds

• Park Hyatt Johannesburg

• Park Hyatt London River Thames

Boundless Collection hotels deliver best-in-class offerings and compelling experiences designed to excite and inspire, including most notably, four Thompson Hotels properties, including the recently opened Thompson Madrid:

• Thompson Rome

• Thompson Seville

• Thompson Vienna

Inclusive Collection luxury all-inclusive resorts deliver immersive and elevated experiences. The collection is expected to expand with notable entries into key resort destinations including:

• Dreams Madeira Resort, Spa & Marina

• Zoëtry Halkidiki Resort & Spa

Sunscape Coco Punta Cana Celebrates its Grand Opening in the Heart of the Dominican Republic

The 1,059-room family-friendly resort offers guests an enchanting backdrop of coconut palms and the natural beauty of Laguna Bavaro Reserve in the idyllic Cabeza de Toro region

Hyatt Hotels Corporation (NYSE: H) today announced the opening of Sunscape Coco Punta Cana, the newest addition to the Inclusive Collection, part of World of Hyatt. The newly remodeled 1,059-room family-friendly resort expands the Inclusive Collection’s portfolio in the Dominican Republic to 15 resorts and marks the opening of the second Sunscape Resort & Spa branded property in the country.

Nestled along the pristine Bavaro Beach in the colorful town of Cabeza de Toro, Sunscape Coco Punta Cana is a paradise of fun and relaxation, with a fresh, contemporary design that complements the natural surroundings of bent coconut palms and the Laguna Bavaro Wildlife Reserve. Guests are immersed in warm hospitality from the moment they arrive, with glistening white sands, crystal clear waters and lush foliage awaiting just steps away.

“The opening of Sunscape Coco Punta Cana in the Dominican Republic presents an opportunity to bolster family-friendly, all-inclusive options in a diverse and vibrant market for travelers worldwide,” says Gonzalo del Peón, Group President, Inclusive Collection Global Commercial. “The Dominican Republic continues to be a destination of immense importance to the Inclusive Collection, part of World of Hyatt, and this stunning backdrop offers a cost-conscious ideal setting for families seeking both relaxation and adventure.”

Sunscape Coco Punta Cana offers spacious and comfortable accommodations for diverse guest preferences and needs. Along with a furnished balcony or terrace, most rooms afford full or partial views of the ocean. For those traveling with larger families, two-bedroom and three-bedroom suites offer spacious accommodations, including connecting rooms and amenities tailored for children. Each guestroom is designed with comfort in mind and offer conveniences such as a coffeemaker, toiletries, in-room mini-bar, and more.

For guests seeking an even further elevated experience, the Sun Club offers upgraded suites and a range of additional services including personalized check-in and check-out service, adults-only rooms, and more. Sun Club guests have access to the Sun Club Lounge, a private location for both families and adults, complete with separate food and beverage offerings. The guest experience may be further elevated with upgraded daily mini-bar service and premium bath products. Additionally, room service is available, and Sun Club guests have access to a dedicated beach area in both the adults-only and family sections.

Sunscape Coco Punta Cana offers a diverse array of culinary offerings that cater to a wide range of tastes and preferences. With a total of 12 restaurants, there's something to please every palate in a variety of settings including à la carte, buffet, grab-and-go, and a café. À la carte restaurants serve favorites from around the world, including Italian, Asian, and authentic Amazonian cuisine, all with no reservations required.

Sunscape Coco Punta Cana offers a wide range of family-friendly offerings that make it the ideal destination for a memorable vacation for families. The resort boasts a dedicated Explorer's Club for Kids ages 3-12 while parents enjoy some well-deserved relaxation, including activities such as arts & crafts and sandcastle competitions. With a pristine beachfront location, families can enjoy water sports, on-site games, and daytime and nighttime entertainment, including beach volleyball, yoga lessons, or aqua aerobics. Sunscape Coco Punta Cana offers a blend of relaxation and excitement that makes it easy for families to cherish their time together in the Dominican Republic.

Travelers have the opportunity to save up to 40% on their stay at Sunscape Coco Punta Cana through the Sun, Sand + Savings promotion through December 27, 2023, for travel through December 20, 2024. For more information, please visit https://www.hyattinclusivecollection.com/en/special-offers/sun-sand-savings/.

To learn more about all the rewarding ways members can enjoy luxury all-inclusive travel through World of Hyatt, book an upcoming stay, or to learn more about Sunscape Coco Punta Cana, visit the resort’s website or follow along on Instagram.

About Inclusive Collection, part of World of Hyatt

The largest portfolio of luxury all-inclusive resorts in the world, the Inclusive Collection, part of World of Hyatt, includes ten distinct resort and hotel brands designed to celebrate every moment for every lifestyle and stage of life including Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts® and Sunscape® Resorts & Spas. The Inclusive Collection continuously raises the all-inclusive concept to a new level of luxury with award-winning properties that offer elevated accommodations, desirable locations, and thoughtful inclusions. For more information, visit the Inclusive Collection, part of World of Hyatt at www.hyattinclusivecollection.com. Images and press material on the Inclusive Collection are available at https://newsroom.hyatt.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 September 30, 2023, the Company’s portfolio included more than 1,300 hotels and all-inclusive properties in 76 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Vacation Club®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Dream® 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 Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith™, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

Hyatt is on Track to Double its Brand Footprint in Canada by 2026

Hyatt Hotels Corporation (“Hyatt”) (NYSE: H) is positioned to double Hyatt’s brand footprint in Canada by the end of 2026, with more than 20 executed managed and franchised agreements across its distinct brands. As Hyatt continues to build industry-leading net rooms growth globally, this strategic and intentional growth in Canada reflects Hyatt’s focus on listening and developing in destinations that matter most to guests, World of Hyatt members and owners.  

With nearly 20 hotels currently open in Canada, Hyatt expects to have an additional 23 hotels open and operating by the end of 2026, doubling Hyatt’s Canadian brand footprint, and further expanding compelling guest and member experiences for World of Hyatt, one of the industry’s fastest growing loyalty programs. This significant expansion includes newly announced deals for luxury and lifestyle hotels including the second hotel in Canada within The Unbound Collection by Hyatt brand. The hotel will be located in Ontario wine country and will join Spirit Ridge located in the beautiful Okanagan Valley wine country. Other upcoming properties include:

• Hyatt Centric Winnipeg Downtown (2025) is expected to be the second Hyatt Centric hotel in Canada and will be in the heart of downtown Winnipeg, home to a vibrant arts and music scene, world-class museums, and stunning outdoor attractions. The lifestyle hotel will offer 140 modern guestrooms and suites, approximately 1,200 square feet of meeting space, a signature restaurant and bar and an open concept lobby that will capture the local spirit and inspire guests to get out and explore. The property is owned and will be operated by The Kothari Group.

• Hyatt Centric Victoria – Old Town (2026), will be the first Hyatt branded hotel in Victoria, British Columbia and will join Hyatt’s growing Boundless Collection portfolio in Canada. Centrally located in Old Town Victoria, home to Canada’s oldest Chinatown and known for its historic brick buildings and walkable streets, the hotel will offer 135 rooms and suites, and dynamic food and beverage options including a restaurant, bar, lounge, and coffee shop. The property is owned by Chard Development Ltd.

“Hyatt is focused on accelerating brand growth and momentum in meaningful ways with several planned openings to meet every stay occasion in sought-after destinations coast-to-coast across Canada,” said Scott Richer, vice president of development and owner relations for Canada, Hyatt. “In 2022, Hyatt established a cross-functional corporate team dedicated to Canada, which enables us to continue growing Hyatt's brand presence across the country with new and existing owners, to bring these — and more — exciting projects to life." 

Portfolio Growth Includes Several New Leisure & Tertiary Markets for Hyatt

Hyatt’s commitment to growing its brands in Canada will offer guests a portfolio of hotels designed to provide memorable and engaging guest experiences. By the end of 2026, Hyatt expects to have an established brand presence in several sought-after leisure markets that currently do not have a Hyatt hotel including:

• Hyatt House Port Elgin (2026) will be located in close proximity to some of the most idyllic sandy beaches on Lake Huron.

• Hyatt Place Whitehorse (2025) will provide the ideal home base for adventurers looking to explore the vast and breathtaking Yukon wilderness.

New Airport Locations Planned Coast-to-Coast

Hyatt is expanding its brand footprint at some of Canada’s busiest airports with elevated experiences including free breakfast for guests and 24/7 conveniences that are attractive to both leisure and business travelers:

• Hyatt Place Montreal - Trudeau International Airport (2025)

• Hyatt Place Toronto International Airport (2025)

• Hyatt House Toronto International Airport (2026)

• Hyatt Place Mississauga – Airport Corporate Centre (2024)

• Hyatt House Mississauga – Airport Corporate Centre (2024)

• Hyatt Place Vancouver International Airport (2026)

• Hyatt House Vancouver International Airport (2026)

Recently Opened Hyatt Hotels in Canada

Hyatt's impressive Canadian pipeline will join several hotels that opened in Canada over the past years, across Hyatt’s diverse brand portfolio including:

• Hyatt Centric Montreal opened in March 2023

• Hyatt Place Toronto/Brampton opened in August 2022

• Hyatt Place Montreal Downtown opened in June 2022

• The Walper Hotel, part of the JdV by Hyatt brand, located in Kitchener, Ontario, opened in May 2022

• The Anndore House, part of the JdV by Hyatt brand, located in Toronto, opened in April 2021

Hyatt Reports Third Quarter 2023 Results

New Record Total Fee Revenue of $250 Million Pipeline Expands to New High of 123,000 Rooms

Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported third quarter 2023 financial results. Highlights include:

• Net Income was $68 million in the third quarter of 2023 compared to $28 million in the third quarter of 2022. Adjusted net income was $75 million in the third quarter of 2023 compared to $72 million in the third quarter of 2022.

• Diluted EPS was $0.63 in the third quarter of 2023 compared to $0.25 in the third quarter of 2022. Adjusted Diluted EPS was $0.70 in the third quarter of 2023 compared to $0.64 in the third quarter of 2022.

• Adjusted EBITDA was $247 million in the third quarter of 2023 compared to $252 million in the third quarter of 2022.

  • Adjusted EBITDA does not include Net Deferrals and Net Financed Contracts of $35 million1 in the third quarter of 2023, and Net Deferrals and Net Financed Contracts of $43 million1 in the third quarter of 2022.

• Comparable system-wide RevPAR increased 8.9% in the third quarter of 2023 compared to 2022.

• Comparable owned and leased hotels RevPAR increased 6.3% in the third quarter of 2023 compared to 2022. Comparable owned and leased hotels operating margins were 23.5% in the third quarter of 2023.

• Comparable All-inclusive Net Package RevPAR increased 8.6% in the third quarter of 2023 compared to 2022.

• Net Rooms Growth was approximately 6.2% in the third quarter of 2023.

• Pipeline of executed management or franchise contracts was approximately 123,000 rooms.

• Share Repurchases were approximately 1.25 million Class A shares for $144 million in the third quarter of 2023.

Hyatt Adds Hotels in New Markets with Hyatt Place and Hyatt House Openings Across the U.S.

 Hyatt Hotels Corporation (NYSE: H) announced the continued strategic growth of the Hyatt Place and Hyatt House brands throughout 2023. This growth includes expanding the brand’s footprint in the U.S. in new markets where there are no Hyatt hotels and the thoughtful expansion of airport locations in key markets.

Today’s news comes on the heels of Hyatt announcing significant progress in the development of the Hyatt Studios brand, the latest select service brand in the Hyatt portfolio, including executed franchise agreements for the first locations in Mobile, Ala. and Marysville, Calif., emphasizing Hyatt’s strategy of adding hotels in untapped markets where its brand presence is yet to be established; groundbreaking for the Mobile, Ala. location is slated for Q4 2023.

“As part of Hyatt’s commitment to listen to our owners and take action on their feedback, Hyatt continues to identify white space in sought-after markets,” said Jim Tierney, senior vice president, development and owner relations, Hyatt. “Based on our intentional growth strategy, we focus on growing in new markets and expanding our base with new developers and owners without creating intra-brand competition.”

Hyatt’s pipeline of select service brands is the fastest growing segment of Hyatt’s portfolio in the U.S., as Hyatt continues to lead the industry on a global scale with six years of industry leading net rooms growth. In 2023, as part of the Hyatt Place and Hyatt House brands expansion in the U.S., Hyatt will welcome 14 new owners to the Hyatt family and expand existing Hyatt portfolios for five owners. This underscores Hyatt’s focus on delivering value and ensuring a strong return on investment across all Hyatt hotels.

By the end of 2023, Hyatt expects to have an established hotel presence in U.S. markets that currently do not have a Hyatt hotel located within five miles, including:

Hyatt Place Albany (N.Y.)

Hyatt Place Flagstaff (Ariz.)

Hyatt Place Munster (Ind.)

Hyatt Place Newark / Main Street (Del.)

Hyatt Place St. Augustine / Vilano Beach (Fla.)

Additional growth for the company includes the entry of the Hyatt House brand in the following markets:

Hyatt House Bentonville / Rogers (Ark.)

Hyatt House Colorado Springs Airport (Colo.)

Hyatt House Lansing / University Area Lansing (Mich.)

Hyatt House Mall of America / MSP Airport (Minn.)

Hyatt House Vacaville (Calif.)

Hyatt Reports Second Quarter 2023 Results

Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported second quarter 2023 financial results. Highlights include:

Net income was $68 million in the second quarter of 2023 compared to $206 million in the second quarter of 2022. Adjusted net income was $88 million in the second quarter of 2023 compared to $51 million in the second quarter of 2022. Net income in the second quarter of 2022 included $251 million of gains recognized on the sales of real estate.

Diluted EPS was $0.63 in the second quarter of 2023 compared to $1.85 in the second quarter of 2022. Adjusted Diluted EPS was $0.82 in the second quarter of 2023 compared to $0.46 in the second quarter of 2022.

Adjusted EBITDA was $273 million in the second quarter of 2023 compared to $255 million in the second quarter of 2022.

Adjusted EBITDA does not include Net Deferrals of $28 million and Net Financed Contracts of $14 million in the second quarter of 2023, and Net Deferrals of $25 million and Net Financed Contracts of $15 million, in the second quarter of 2022.

Comparable system-wide RevPAR increased 15.0% in the second quarter of 2023 compared to 2022

Comparable owned and leased hotels RevPAR increased 10.1% in the second quarter of 2023 compared to 2022. Comparable owned and leased hotels operating margins were 26.2% in the second quarter of 2023

Comparable All-inclusive Net Package RevPAR increased 9.5% in the second quarter of 2023 compared to 2022.

Net Rooms Growth was approximately 6.9% in the second quarter of 2023.

Pipeline of executed management or franchise contracts was approximately 119,000 rooms.

Shares repurchased was approximately 969 thousand shares for $108 million in the second quarter of 2023.

Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt, said,

"For the fifth consecutive quarter we posted record results demonstrating our unique positioning and continued momentum. System-wide RevPAR expanded 15% year-over-year, generating a record level of total fee revenue in the quarter. We updated our full year RevPAR outlook, and we expanded our pipeline to 119,000 rooms, representing approximately 40% of our existing portfolio. Our outlook remains optimistic, fueled by strong group booking activity during the quarter, resulting in 2024 group pace up 10%. We believe our increasing asset-light 

Hyatt Centric Brand to Debut in Africa with Plans for Hyatt Centric Cairo West

Hyatt Hotels Corporation (NYSE: H) announced that affiliates of Hyatt and ALDAU Development have entered into a franchise agreement to bring the full-service lifestyle brand, Hyatt Centric, to Egypt, with Hyatt Centric Cairo West.

The 283-key lifestyle hotel will become the second Hyatt-branded hotel in Cairo’s well-established Pyramids Heights Business Park, following the opening of Hyatt Regency Cairo West in 2021, further demonstrating Hyatt’s intentional brand growth in the Europe, Africa and Middle East region.

“We are proud to work with ALDAU Development to bring the Hyatt Centric brand to Egypt,“ said Ludwig Bouldoukian, regional vice president of development, Middle East and Africa, at Hyatt. “This signing is an exciting milestone as the hotel will mark the Hyatt Centric brand debut in Africa, showcasing our commitment to enhancing our lifestyle portfolio, and growing our brand presence in markets that matter most to our guests and World of Hyatt members.”

With a prime location at Cairo’s western end, by the city’s major business hubs and key tourist attractions, Hyatt Centric Cairo West will offer travellers a new way to stay in the Egyptian capital and provide a perfect launchpad to explore the surrounding neighbourhood.

Creating an art journey for the guest from the moment they arrive, the urban hotel’s design will blend cultural elements through the lens of local contemporary artists, incorporating décor that refers to Egyptian crafts, pharaonic heritage and the country’s pop culture. The property will also feature landscaped gardens, a heated outdoor pool, an art wall and inspiring indoor social spaces.

Eng. Bassel Sami Saad, Chairman of ALDAU Development, added: “We are delighted to collaborate with Hyatt to deliver our second distinctive hotel experience in this prime location. With the city’s key attractions easily accessible, including the Grand Egyptian Museum and Giza Pyramids, the lifestyle property will be the perfect fit for the cosmopolitan-minded business and leisure travellers looking for accommodation in this increasingly popular neighbourhood.”

Once open, Hyatt Centric Cairo West will be the second Hyatt branded hotel in Egypt, joining Hyatt Regency Cairo West, and is expected to join more than 50 hotels in the Hyatt Centric brand portfolio globally.

Hyatt to Further Strengthen Position in Luxury with Plans to Acquire Mr & Mrs Smith

Hyatt Hotels Corporation and Mr & Mrs Smith today announced an agreement for a Hyatt affiliate to acquire London-based Mr & Mrs Smith, a platform offering direct booking access to a carefully curated and growing collection of over 1,500 boutique and luxury properties in some of the world’s most desirable locations. Hyatt will acquire 100 percent of the asset-light Mr & Mrs Smith platform for an enterprise value of £53.0 million in cash consideration.

Hyatt Reports Fourth Quarter and Full Year 2022 Results

Hyatt Hotels Corporation reported fourth quarter and full year 2022 financial results. Highlights include:

• Net income was $294 million in the fourth quarter and $455 million for the full year of 2022. Adjusted net income was $278 million in the fourth quarter and $365 million for the full year of 2022. Net income in the fourth quarter and for the full year of 2022 includes a non-cash benefit of $250 million due to the release of a valuation allowance on U.S. federal and state deferred taxes.

• Diluted EPS was $2.69 in the fourth quarter and $4.09 for the full year of 2022. Adjusted Diluted EPS was $2.55 in the fourth quarter and $3.28 for the full year of 2022.

• Adjusted EBITDA was $232 million in the fourth quarter and $908 million for the full year of 2022. Apple Leisure Group ("ALG") contributed $43 million of Adjusted EBITDA in the fourth quarter and $231 million for the full year of 2022.

  • Adjusted EBITDA does not include ALG's Net Deferrals of $28 million and $94 million, and Net Financed Contracts of $15 million and $63 million, in the fourth quarter and for the full year of 2022, respectively.

• Comparable system-wide RevPAR increased 34.8% in the fourth quarter and 60.2% for the full year of 2022, compared to 2021.

• Comparable owned and leased hotels RevPAR increased 41.7% in the fourth quarter and 87.6% for the full year of 2022, compared to 2021. Comparable owned and leased hotels operating margin improved to 27.9% in the fourth quarter and to 27.1% for the full year of 2022.

• All-inclusive Net Package RevPAR was $190.64 in the fourth quarter and $187.28 for the full year of 2022.

• Net Rooms Growth was 6.7% for the full year of 2022.

• Pipeline of executed management or franchise contracts was approximately 117,000 rooms, inclusive of ALG's pipeline contribution of 8,000 rooms.

• Share repurchase activity was approximately 1.15 million shares repurchased for $106 million in the fourth quarter and approximately 4.23 million shares repurchased for $369 million for the full year of 2022.

Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt, said, "Our results in the fourth quarter mark the completion of a truly transformative year. We generated a record level of fees and free cash flow while leading the industry in organic growth for a sixth consecutive year. This outcome is a direct result of successfully executing on our asset-light growth strategy. We continue to experience positive momentum in the markets in which we operate and are optimistic about the year ahead."