Hyatt Hotels Corporation (NYSE: H) awarded 32 owners, operators
and developers at its 2021 America Owners Conference, held at Hyatt
Regency Huntington Beach Resort & Spa in Huntington Beach,
Calif. During the conference, a number of Hyatt’s leadership team
members presented the awards to a combination of full service and
select service owners, operators and developers, celebrating
operational excellence and hotel performance throughout 2020 and
2021.
“At Hyatt, we remain focused on our growth and we are both
intentional and thoughtful about where we want the Hyatt flag
raised. Our brand growth and success are a testament to our fellow
owners, operators and developers, and we are immensely proud of the
many longstanding relationships that we have throughout our
industry, as well as new ones that we continuously cultivate,” said
Jim Chu, Executive Vice President, Global Franchising and
Development, Hyatt. “Leading with our purpose of care, we remain
empathetic to the challenges that our owners and operators have
experienced in recent months and we are truly appreciative of their
commitment to maintaining and growing Hyatt’s brand portfolio. We
are privileged to work with industry-leading owners, operators and
developers and congratulate all of our award recipients.”
The Developer of the Year award recognizes full service
and select service developers for their construction quality,
attention to detail and excellence in operating:
Full Service
- Southwest Value Partners (Grand Hyatt Nashville): In
2015, Southwest Value Partners purchased LifeWay’s 15-acre campus
off of Broadway in downtown Nashville, with a vision to create
something special. The beautiful 591-room Grand Hyatt Nashville has
become a cornerstone of this transformational mixed-use project in
the heart of one of the most sought-out cities in America. In
addition to developing Grand Hyatt Nashville, Southwest Value
Partners is also the owner of Hyatt Regency Valencia and Hyatt
Regency Westlake in Calif.
- Regent Partners (Thompson Buckhead and Thompson
Savannah): With tremendous foresight, persistence and flexibility,
Regent Partners is expected to welcome two Thompson hotels to
Georgia by the end of 2021. As the first Thompson hotel to open in
Georgia, Thompson Savannah opened in August 2021 and features 193
guestrooms, including 21 suites, and is set along the banks of the
Savannah River. Joining Thompson Savannah, Thompson Buckhead is
under construction and is scheduled to open in December 2021.
Select Service
- The Kothari Group: The Kothari Group has been part of
the Hyatt family since 2017 and has grown its Hyatt portfolio from
one to three properties in just three years, most recently with the
July 2020, opening of Canada’s first Hyatt House hotel, the
133-room Hyatt House Winnipeg-South/Outlet Collection.
- AD1 Global & ADËLON Capital: AD1 Global and ADËLON
Capital have been part of the Hyatt family since 2017. In May 2020,
they opened the 106-room Hyatt Place Melbourne/Palm Bay, and in
October 2021, they celebrated the groundbreaking of the 141-room
Hyatt Place Melbourne Airport.
The Strategic Partner award celebrates a company’s
culture, performance and operating philosophies, along with their
strong, multi-brand relationship with Hyatt:
- McWhinney Real Estate Services: McWhinney Real Estate
Services has been part of the Hyatt family for four years and its
current Hyatt portfolio consists of four hotels – Hyatt House
Denver Airport, Hyatt Place Peña Station, Hyatt House Irvine/John
Wayne Airport, and Hyatt Place Boston/Seaport District. In 2022,
McWhinney is expected to open the 246-room Hyatt Centric Austin
Downtown, which will be located in the heart of Austin’s music and
art scene.
- Prism: Since opening Hyatt Regency Los Angeles
International Airport in 2016, Prism has grown its Hyatt brand
portfolio to 12 full service and select service properties across
the Hyatt Centric, Hyatt Regency, Hyatt Place, and Hyatt House
brands. Prism is a valued owner that is known to listen,
collaborate, and offer thoughtful perspective on how we can work
together to make these hotels the best they can be for their owners
and their guests.
- GFI Hospitality: There is truly an art to the creation
of a lifestyle hotel. The alchemy of blending design and
programming in such a way that the result becomes a favorite
destination of visitors and locals alike is often described, but
not so often flawlessly executed. GFI has figured out that formula,
and their attention to detail resulted in The Beekman, one of the
stars of the Thompson hotel brand. GFI also brought that same
vision in the transformation of Thompson Central Park New York,
which is expected to open in November 2021. In addition, GFI is
also helping Hyatt grow Hyatt’s Select Service portfolio in
priority destinations, including Hyatt House Orlando Convention
Center.
- Grupo Rodina: Grupo Rodina, a private investment firm
and family office represented by Andres and Felipe Chico, has
significantly grown its portfolio of Hyatt hotel investments over
the past three years to include Hyatt Regency Mexico City, Grand
Hyatt Denver, Andaz Mayakoba, Hyatt Ziva Riviera Cancun, Hyatt
Zilara Riviera Maya, Hyatt Centric Center City Philadelphia, and
the Park Hyatt Mexico City and Park Hyatt Los Cabos, both under
construction. Grupo Rodina embodies a culture of collaboration in
how it develops, owns and operates its hotels with Hyatt.
The Best New Property award recognizes notable full
service and select service hotel openings:
Full Service
- Hyatt Zilara Cap Cana and Hyatt Ziva Cap Cana (Playa
Hotels & Resorts): In 2013, Hyatt entered into an
agreement with Playa Hotels & Resorts for the development of
the Hyatt Zilara and Hyatt Ziva all-inclusive brands in Latin
America and the Caribbean. Hyatt Zilara Cap Cana and Hyatt Ziva Cap
Cana together comprise a 3,000-acre luxury master-planned community
within Punta Cana in the Dominican Republic, offering more than
1,300 feet of beachfront on Juanillo Beach. Built by Playa Hotels
& Resorts from the ground up, the combined 750-room Hyatt
Zilara Cap Cana and Hyatt Ziva Cap Cana have a multitude of dining
venues and leisure activities for families and adults, receiving
numerous accolades as one of the best new all-inclusive resorts in
the region.
- The Seabird, a Destination by Hyatt hotel, and Mission
Pacific, a JdV by Hyatt hotel (SD Malkin): The Seabird and
Mission Pacific are both beautifully programmed and designed –
unique in their interpretation of the spirit and vibe of Southern
California. They have been transformational in the impact that they
have had on the local Oceanside community and there is no doubt
that these two properties will be treasured by visitors and locals
for many years to come.
- Alila Marea Beach Resort Encinitas (JMI Realty): Alila
Marea Beach Resort is the third Alila hotel to open in the
Americas. Situated along coastal bluffs with panoramic views
overlooking Grandview and South Ponto Beaches, this luxury
oceanfront resort in Encinitas, Calif. is distinguished by an
innovative eco-design, a passionate commitment to sustainability
and specially curated activities designed to immerse guests in
nature, culture, and community, making it an outstanding
representation of the Alila brand in North America.
- Thompson San Antonio (DC Partners): Located steps from
the celebrated River Walk in San Antonio’s dynamic and evolving
Arts District, the new Thompson San Antonio and The Arts Residences
is a stunning addition to the River City. In February 2021,
Houston-based DC Partners completed development of this landmark
mixed-use project, which is a sophisticated modern-day
interpretation of the rich history of this beloved Texas city. The
hotel’s diverse and dynamic collection of culinary and bar venues
span indoor and outdoor spaces and are sure to become a hub of
activity for its guests and Arts District neighbors.
- Hyatt Centric Beale Street Memphis (Carlisle
Corporation, LLC.): “One Beale,” a transformative five-acre
multi-phased development, is the site of the beautiful Hyatt
Centric Beale Street Memphis. As the first Hyatt Centric hotel in
Memphis, the 227-room hotel offers a central location and Beale
Street address, steps from the culture, food and nightlife that
makes Downtown Memphis an iconic destination. Carlisle Corporation,
LLC is also developing Caption by Hyatt Memphis, which is currently
under construction within the One Beale development.
Select Service
- Hyatt Place National Harbor (OTO Development): Hyatt
Place National Harbor features the Hyatt Place brand’s intuitive
design, casual atmosphere, and practical amenities, such as free
Wi-Fi and 24-hour food offerings and is an idyllic destination
offering guests convenient access to the nation’s capital.
- Hyatt Place Atlanta/Perimeter Center (Concord
Hospitality Enterprises): Hyatt Place Atlanta Perimeter Center is
ideally located in Atlanta’s Perimeter Business District of
Dunwoody. With smartly designed social spaces and guestrooms with
separate work and sleep areas, multitasking guests can easily
accomplish what they need to do while visiting the Atlanta/Dunwoody
area.
- Hyatt Place Ottawa – West (Stolat Hotels): Hyatt Place
Ottawa-West is a modern hotel in Ottawa’s West End that
incorporates sustainable practices, including the use of
earth-friendly products and energy from solar panels.
- Hyatt Place Tampa Downtown and Hyatt House Tampa Downtown
(HRI Properties): As vibrant as Tampa itself, Hyatt Place Tampa
Downtown and Hyatt House Tampa Downtown put guests in Tampa’s city
center and nod to the city’s rich Latin history with chic design
elements, featuring walls painted with a sunny color palette and
eye-catching details like luxe fabrics, vintage accents, and local
artwork.
- Hyatt Place Fort Worth/TCU (Campus Hotel Venture): Hyatt
Place Fort Worth/TCU offers a wonderful new option for business and
leisure travelers visiting the heart of Fort Worth’s University and
Cultural district.
- Hyatt House Nashville/Downtown-Sobro (Developed by
Mountainshore Properties; Acquired by Noble Investments): Hyatt
House Nashville/Downtown-SoBro offers an extended stay hotel with
spacious suites with kitchens and an indoor pool. Located in
downtown Nashville, the hotel is steps away from premier shopping,
dining, and entertainment.
- Hyatt House Denver/Aurora (BMC Investments): Hyatt House
Denver/Aurora is conveniently located near medical facilities,
sports parks and the historic Buckley Air Force Base.
The Best Renovation award recognizes the reconfiguration
and transformation of full service and select service Hyatt-branded
hotels:
Full Service
- Park Hyatt Aviara (Xenia Hotels & Resorts): Park
Hyatt Aviara, located in Carlsbad, Calif. is a coastal treasure,
and its $52 million dollar metamorphosis includes a brilliantly
reconfigured lobby that brings the ocean view indoors. This
all-encompassing renovation also features transformed pool areas,
luxuriously appointed guestrooms and suites, and indoor golf via
the Topgolf Swing Suite for an immersive golf experience.
- Park Hyatt Toronto (OPG Hotels Limited Partnership): The
four-year transformation of Park Hyatt Toronto has been one of the
most highly anticipated projects as it repositions this luxury
hotel as best in class amongst its competitive set. The recently
re-opened hotel has long been considered one of Toronto's most
iconic addresses and is once again offering guests a home away from
home featuring the Park Hyatt brand’s sophistication rooted in
Canadian heritage.
Select Service
- Hyatt Place Los Angeles/Lax/El Segundo (Washington
Holdings): Following a comprehensive renovation, which included an
upgrade from carpet to LVT in all guestrooms, Hyatt Place Los
Angeles/Lax/El Segundo now offers 143 guestrooms with more than
1,000 square feet of meeting space.
- Hyatt Place Long Island/East End (Atlantis Holdings): A
testament to the quality and execution by Atlantis Holdings team
and American Resort Management, the renovation included a
thoughtful case goods renovation, updated meeting rooms, and a
custom lobby design that includes touches of local elements that
dramatically improves the arrival experience for guests.
- Hyatt Place Dallas/Arlington (Arbor Lodging Management):
Following both a case goods and soft goods renovation, Arbor
Lodging Management and the hotel team completed this transformation
by opening up the breakfast area, refreshing the lobby and meeting
space and completing the guestroom rearrangement and space
maximization to thoughtfully revitalize hotel.
- Hyatt Place Birmingham/Hoover (Baron Hospitality):
Undergoing a transformative exterior renovation, the Baron
Hospitality team, operated by A&M Hotels, completely updated
the hotel’s façade in 2021. The changes include flattening the
peaks, re-staining and repainting the brick and updating the
porte-cochère, which has led to a refreshed guest arrival
experience.
The Best Conversion award celebrates the reconfiguration
of an existing property and conversion to a full service or select
service Hyatt-branded hotel:
Full Service
- El Capitan Hotel, a JDV by Hyatt hotel (NuovRE): The
original El Capitan Hotel opened in 1924 on Main Street to serve
train passengers traveling to Yosemite. Today, the newly
transformed 114-room hotel offers three locally inspired eating and
drinking venues, as well as the restored historic Mainzer Theater.
Nuovo Development has lovingly expanded the El Capitan to create
this neighborhood gem in Merced’s rediscovered and revitalized
downtown.
Select Service
- Hyatt Place Fairbanks (A&A Construction &
Development): Located in Fairbanks, Alaska, the 112-room Hyatt
Place hotel was converted following a full renovation, which
encompassed a modernization of the lobby and public spaces, a redo
of the exterior façade and complete redo of the guestrooms,
including LVT flooring.
The Best Adaptive Re-Use award honors outstanding full
service and select service Hyatt-branded hotels developed from
creative starting points:
Full Service
- Hotel Kansas City, part of The Unbound Collection by
Hyatt (A&A Construction & Development): Mariner
Holdings restored and repositioned this remarkable building,
located in the iconic Kansas City Club building, this space will
serve as Kansas City’s newest lifestyle boutique hotel. Hotel
Kansas City’s thoughtful design fosters moments of great nostalgia,
paying homage to the building’s extraordinary history as a
prominent 1920s social club. The hotel’s 144 Victorian-inspired
guestrooms and suites offer vintage touches and modern comforts
that chronicle a rich history, while infusing a nuanced,
progressive spirit for the future.
- Thompson Dallas (Todd Interests): When it opened its
doors in 1964, the 52-story First National Bank Tower in downtown
Dallas was recognized as the tallest building west of the
Mississippi River. Todd Interests, in collaboration with Moriah
Capital, has redeveloped this Dallas landmark into a new, modern
mixed-use building they have re-named “The National” in reference
to its storied past. The National is anchored by the stunning
Thompson Dallas, the first Thompson hotel to open in Texas. With
its one of kind art and furnishings, world-class culinary
offerings, sophisticated event spaces, and unique indoor/outdoor
leisure amenities, Thompson Dallas captures the spirit and refined
edge of this global destination and prominent center of
commerce.
Select Service
- Hyatt Place Tulsa/Downtown (400 South Boston, LLC): The
103-room hotel is conveniently located in the historical Boston
Building, which was completed in 1967 and previously served as
headquarters to the Home Federal Savings and Loan Association. The
14-story hotel features the Hyatt Place brand’s intuitive design
and will offer business and leisure travelers an open, beautiful
concept located in the heart of downtown Tulsa.
- Hyatt Place Chicago Medical/University District and Hyatt
House Chicago Medical/University District (MB Real Estate):
Chicago's former Cook County Hospital is now an eye-catching
location comprised of a 210-room dual-branded Hyatt Place and Hyatt
House hotel development, medical office space, daycare and retail
shops. The project restores and preserves the historical pieces
that have been rooted there for more than 160 years, which includes
the original Beaux-Arts masonry detailing and terracotta of the
exterior, the wood-framed windows, interior decorative plaster
work, the double height main lobby and 106-year-old restored marble
stone staircase, elevator cores, as well as double loaded corridor
and interior terrazzo flooring. Located in the epicenter of one of
the most robust medical districts in the world, Hyatt Place Chicago
Medical/University District and Hyatt House Chicago
Medical/University District are located in the heart of the
Illinois Medical District.
For more information, please visit hyatt.com/development.
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 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, 2021, Hyatt’s
portfolio included more than 1,000 hotel and all-inclusive
properties in 69 countries across six continents, and the
acquisition of Apple Leisure Group added 96 properties in 10
countries as of November 1, 2021. Hyatt’s offerings include the
Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound
Collection by Hyatt®, Destination by Hyatt™, Hyatt Regency®,
Hyatt®, Hyatt Ziva™, Hyatt Zilara™, Thompson Hotels®, Hyatt
Centric®, Caption by Hyatt, JdV by Hyatt™, Hyatt House®, Hyatt
Place®, UrCove, and Hyatt Residence Club® brands, as well as resort
and hotel brands under the AMR™ Collection, including Secrets®
Resorts & Spas, Dreams® Resorts & Spas, Breathless® Resorts
& Spas, Zoëtry® Wellness & Spa Resorts, Alua® Hotels &
Resorts, and Sunscape® Resorts & Spas. Hyatt’s subsidiaries
operate the World of Hyatt® loyalty program, ALG Vacations®,
Unlimited Vacation Club®, Amstar DMC destination management
services, and the Trisept Solutions® travel technology platform.
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, the duration of the COVID-19 pandemic and the pace of recovery
following the pandemic, any additional resurgence, or COVID-19
variants; the short and longer-term effects of the COVID-19
pandemic, including 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 of COVID-19
vaccines and wide acceptance by the general population of such
vaccines; 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; levels of spending in business and leisure
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, such as the COVID-19 pandemic, 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 and 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; 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.
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Melissa Wright Hyatt melissa.wright@hyatt.com
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