hyatt
More Than 5,700 Careers Created: Hyatt’s Opportunity Youth Advancement Program Marks Major Milestone
Hyatt Hotels Corporation | March 20, 2024
RiseHY program brings untapped talent into the hospitality industry, emphasizes retention and progressive skills training CHICAGO (March 20, 2024) – Hyatt celebrates its global RiseHY program, designed to connect young people with long-term careers in hospitality. Since the program’s introduction in 2018, more than 5,700 Opportunity Youth* have joined Hyatt or a Hyatt hotel. This marks a pivotal step toward Hyatt’s global commitment to have Hyatt and Hyatt hotels hire 10,000 Opportunity Youth by 2025. With more than 23% of the world’s young people unemployed, according to the International Labour Organization, investing in u...
Hyatt Announces Robust Pipeline in India and Southwest Asia for 2024
Hyatt Hotels Corporation | March 15, 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 CHICAGO (March 15, 2024) – Hyatt Hotels Corporation (NYSE: H) today 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 expansio...
Hyatt Announces New Americas Organizational Structure and Senior Leadership Appointments
Hyatt Hotels Corporation | February 20, 2024
Susan Santiago, Gabriel Felip, Yvette Martinez-Edwards, Shyla Gardner and Juan Pablo Puerta dedicated to driving subregional performance in new roles CHICAGO (February 20, 2024) – As a result of strong growth in the Americas region, Hyatt today announced new senior leadership appointments in the Americas region and subregional structure designed to further support Hyatt’s continued focus on growth, operational excellence and performance optimization within its largest region. With this new organizational structure, Hyatt’s Americas region is now comprised of two subregions: U.S. & Canada and Latin America & the Caribbean (...
Hyatt Announces Plans for First Hyatt House Hotel in Australia
Hyatt House | September 22, 2023
Ideally located on the doorstep of the Central Business District, Hyatt House South Melbourne will offer guests everything they need for short or long-term stays CHICAGO (September 22, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into an agreement with an affiliate of Holder East Ltd for a Hyatt House hotel in Melbourne, Australia. Expected to open in 2025, the 97-guestroom Hyatt House South Melbourne will mark the entry of the Hyatt House brand in the country, demonstrating Hyatt’s growth of its select service brands in the Asia Pacific region. Purposely designed for guests seeking ...
Hyatt Plans Growth in Luxury and Lifestyle Brand Footprint With a Development Pipeline of More Than 30 Planned Hotels and Resorts in the Americas Regi
Hyatt | September 19, 2023
CHICAGO (September 19, 2023) – Hyatt Hotels Corporation (NYSE: H) continues to strategically grow its luxury and lifestyle brand footprint with a strong development pipeline of more than 30 planned hotels and resorts in the Americas region through 2025, including the expansion of Hyatt brands into new markets. Over the last five years, globally, Hyatt has doubled its number of luxury rooms, tripled the number of resort rooms, and quadrupled the number of lifestyle rooms – and the momentum continues. Hyatt is the fastest growing luxury portfolio, with luxury, lifestyle, and resort hotels now making up over 40% of Hyatt's portfolio, rein...
Hyatt Adds Hotels in New Markets with Hyatt Place and Hyatt House Openings Across the U.S.
hyatt place | September 18, 2023
CHICAGO--Hyatt Hotels Corporation (NYSE: H) announced today 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 ...
Hyatt Reports Fourth Quarter and Full Year 2022 Results
Hyatt Hotels Corporation | February 20, 2023
Record Cash Flow from Operations of $674M; Net Rooms Growth of 6.7% Exceeds Expectations CHICAGO (February 20, 2023) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today 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 ...
Hyatt Signs Agreement With Rua Al Madinah Holding Company to Bring Three New Hotels to the Kingdom of Saudi Arabia
Hyatt Hotels Corporation | February 6, 2023
CHICAGO (February 6, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into management agreements with Rua Al Madinah Holding Company to manage three new Hyatt-branded hotels, including Grand Hyatt Madinah, Hyatt Regency Madinah and Hyatt Place Madinah. Upon opening, these properties will participate in the World of Hyatt loyalty program and will add a combined 1,729 room keys to Hyatt’s portfolio in the Kingdom of Saudi Arabia, significantly expanding Hyatt’s brand presence in the country and demonstrating its commitment to strategic growth of its portfolio in key markets that matter to ...
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