Hyatt Hotels travel tips

Yoshiharu Hoshino, the CEO of Hoshino Resorts was named the “master entrepreneur of the year” in Japan by the consultancy EY.

Hyatt Hotels said Tuesday it planned to buy the brands of Standard International, owner of 21 open hotels across five hospitality brands, including the luxury lifestyle brand The Standard.

Hyatt Hotels said Tuesday it planned to buy the brands of Standard International, owner of 21 open hotels across five hospitality brands, including the luxury lifestyle brand The Standard.

Hyatt is reportedly near to closing a transaction with Standard International, owner of the luxury lifestyle brand The Standard and other brands.

Hyatt is close to a deal to buy Standard International, the operator of the upscale The Standard Hotels, according to reports on Thursday.

Hyatt has bought the “me and all hotels” brand from Germany’s Lindner Hotels, a minor expansion of its European portfolio. The deal for the lifestyle hotel brand, which closed Friday, adds a 29th brand to Hyatt’s collection of hotel, resort, and timeshare brands.

Hyatt reported results for the first few months of the year, highlighting the hotel group’s growth amid broad resilience across the travel sector.

Hyatt Hotels definitely has its eyes on India and the focus specifically is on domestic Indian leisure travelers. “The leisure travel market is primarily driven by Indians traveling within India and discovering the country,” said CEO Mark Hoplamazian during his recent visit to the country. 

Hyatt has bet big on developing hotels in China despite recent turmoil in the commercial real estate market. Hyatt executives acknowledged the risks Thursday, but explained reasons for optimism.

Hyatt postponed an investor conference call scheduled for Thursday. But investors shrugged off the delay and focused on preliminary financial results.

Flipkart-owned online travel company Cleartrip has launched ‘Out of Office’, a corporate travel management product. The product launch comes against the backdrop of Cleartrip’s aim to focus primarily with corporate booking travel.

Hyatt said on Thursday it would improve its hotel loyalty program in January. Hyatt’s most notable change will be to expand the ability of program members to give some benefits to friends and family in one-off gifts.

In late September, Hyatt Hotels announced that it was exiting its vacation rental management business while launching an online short-term rental platform soon. Its Destination Residences Management unit was sold to a real estate investor called Lowe, which, through an affiliate, will run it under Lowe and Coral Tree, though no price was disclosed at the time of the announcement.

Hyatt has bet more of its future on China than any other Western hotel group. It has 40% of its hotel pipeline there — a greater percentage than the hotel development pipeline of any public company in its peer group.

Hyatt Hotels & Resorts is a leading operator of hotels and all-inclusive resorts.

Hyatt Hotels Corporation has expanded its partnership online healthcare company Headspace to provide hotel guests and World of Hyatt members with coloured noise content in order to support their wellbeing.

Mark Hoplamazian, president and CEO of Hyatt Hotels Corp., rhapsodized last week about how the hotel giant uses empathy as a tool for everything from fostering company culture to strategically analyzing acquisitions and brand development.

Hyatt said on Thursday it would shift its strategy in marketing vacation rentals. It plans to launch before year-end a short-term vacation rental platform called Homes & Hideaways by World of Hyatt.

Hyatt CEO Mark Hoplamazian has grown more positive about business travel in recent weeks, now saying he is seeing a business transient and corporate booking business returning to his properties. Hoplamazian confirmed that business transient bookings are up in New York City, while corporate bookings, in everywhere but Asia, are “booming.”

Hyatt sees signs that more people in big cities are returning to offices, which could eventually translate to more business transient travel at the hotel giant.

Park Hyatt New York has unveiled a new art installation from local contemporary abstract artist and hotel bellman for nine years, Jeffrey Okyere-Agyei.

Travelers United’s choice to sue Hyatt over its “junk fee” practices fits into a broader storyline about travel junk fees being in the limelight ever since President Joe Biden referred to travel fees in his 2023 State of the Union address.