Hyatt Hotels Corporation has entered a long-term asset-light joint venture with Grupo Piñero and Hyatt affiliates to add the Bahia Principe Hotels & Resorts brand into its Inclusive Collection, which will grow Hyatt’s all-inclusive room portfolio by 30 percent.
The 50/50 joint venture allows Grupo Piñero to manage and own the Bahia Principe brand, headquartered in Palma de Mallorca, Spain, but to include the brand into Hyatt’s World of Hyatt program as part of the company’s Inclusive Collection.
The transaction will be closed within the next few months. Bahia Principe Hotels & Resorts currently has 23 resorts with over 12,000 rooms in destinations across the Dominican Republic, Mexico, Jamaica and Spain. Money from the new partnership will be used to improve existing resorts.
Bahia Principe’s CEO, Julio Pérez, will continue to lead the company under the new agreement, with Encarna Piñero, Grupo Piñero’s Global CEO, serving as Chairman of the Board.
“For Grupo Piñero, the asset-light long-term strategic joint venture with Hyatt will strengthen Bahia Principe’s legacy and represents a clear path to build on its success and growth strategy for the future,” said Encarna Piñero, Global CEO of Grupo Piñero. “Bahia Principe has experienced rapid growth since the opening of our first property in the Dominican Republic nearly 30 years ago.”
“Throughout our journey, we have maintained our core beliefs as a family-owned business, always being faithful to our purpose of seeking to generate a positive social and economic impact for the local communities of the destinations in which we operate,” continued Piñero. “We appreciate and recognize these values in Hyatt’s purpose of care and look forward to the next chapter in Bahia Principe’s bright future.”
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As the temperatures fall, so are airfare prices. Frontier Airlines is running its «Full Size Sale», which provides fares as low as $19 to destinations around the United States. Best of all, the flights can be booked five days of the week, whereas previous promotions from Frontier have been more limited in date availability. The sale ends on October 31, 2024 at 11:59pm EST, however tickets can be purchased for travel through February 26, 2025. This makes the sale a great option for travelers and families looking to take a winter getaway, or fly to a destination with warmer temperatures. Travel + Leisure spotted a variety of one-way flight deals including:
Cruise lines are banking on a new destination type to help them boost revenue, and it’s not emerging destinations like Dominica or those currently trending, like Costa Rica: it’s their own private islands.
Princess Hotels & Resorts is offering travelers an opportunity to experience luxury beachfront, all-inclusive vacations with savings of up to 25% on fall getaways.
Hyatt Hotels is joining forces with Spanish tourism group Grupo Piñero in a 50-50 joint venture that will add 23 resorts to Hyatt’s all-inclusive portfolio, the companies said Monday.
A getaway to warmer weather just got easier and cheaper.Avelo Airlines recently announced four new routes from the Orlando, FL area, and is celebrating with $46 fares. With the expansion of new routes, Avelo will be opening a new crew base at Lakeland International Airport, which is one hour and 15 minutes south of Orlando Airport, and one hour east of Tampa Airport, making it an alternative option for passengers visiting each of the two major Florida cities. From Lakeland, Avelo will launch service to Rochester, NY, San Juan, Puerto Rico, Concord, NC (which is near Charlotte, NC) and Manchester, NH (which is near Boston, MA). The low-cost carrier operates its flights from regional airports that are adjacent to major cities, which explains the Manchester and Concord airport options. Each new route will operate twice weekly, and Avelo states they are the only airline to operate direct service between each of the markets.
This as-told-to essay is based on a conversation with Sara van Geloven, freelance editor and project manager. It has been edited for length and clarity.
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Adding to its already lengthy portfolio of hotel transfer partners, Citi ThankYou Rewards is now a transfer partner of Preferred Hotels & Resorts. Preferred Hotels & Resorts offers a collection of over 650 luxury boutique properties in more than 80 countries.