The expansion increases Hyatt’s luxury portfolio in the region by over 25%.
Hyatt Hotels Corporation announced earlier this week that 21 new luxury hotels and resorts are set to open in Asia Pacific by the end of 2020.
The expansion includes seven Park Hyatt branded properties, six hotels each under the Grand Hyatt and Andaz brands, as well as two Alila branded resorts. These new additions will boost Hyatt's portfolio presence in the region by more than 25%.
"We are excited to expand our luxury portfolio in Asia Pacific, bringing more distinct experiences through the Park Hyatt, Grand Hyatt, Andaz and Alila brands to destinations that matter most to our guests," said Carina Chorengel, senior vice president, Commercial, Asia Pacific, Hyatt. "As we expand our resort, lifestyle and well-being offerings, we will better cater to today's increasingly diverse luxury travellers who seek greater personalisation, whether they are travelling for business or leisure".
The Andaz brand, in particular, is set to double its footprint in Asia Pacific with new openings in Seoul, Dubai and Shenzhen, alongside resort destinations like Bali, Sanya and Xiamen. The Alila brand, on the other hand, will add two resorts in Malaysia and Oman next year. Finally, Grand Hyatt is continuing its steady momentum with openings in China, India, South Korea, Saudi Arabia and Kuwait.
"We see enormous potential to grow our luxury portfolio in Asia Pacific, which currently accounts for 40% of Hyatt's overall portfolio in the region," said Patrick Finn, senior vice president, real estate and development, Asia Pacific, Hyatt.
"Hyatt has a distinct and differentiated strategy with each of our brands positioned at the high end of every segment in which we operate, and we are committed to expanding our brand footprint in major business cities, cultural destinations and leisure hot spots that resonate with developers, owners and guests".