Hyatt completes Apple Leisure Group acquisition

Hyatt Hotels Corporation (NYSE: H) announced on Tuesday, November 2, that Hyatt has completed the previously announced acquisition of Apple Leisure Group(R) (ALG), a luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC.

Hyatt said that it is doubling its global resorts footprint through the addition of ALG’s AMR Collection brand portfolio, which comprises approximately 100 hotels and resorts operating in 10 countries, as well as a pipeline of 24 executed deals in the Americas and Europe. As a result, Hyatt now claims to offer one of the largest collections of luxury all-inclusive resorts in the world, including new destinations for Hyatt such as Acapulco, Curacao, the Canary Islands, Menorca and St. Martin. Through this acquisition, Hyatt has added properties in 11 new European markets and expanded its European brand footprint by 60 percent, strengthening its growth potential in a critical region for global leisure travel demand.

In addition, Hyatt says that it is offering more options and experiences for its high-end guest and customer base and enhancing the end-to-end leisure travel experience through, Unlimited Vacation Club(R) by AMR Collection, an exclusive membership club whose members enjoy preferred rates and other benefits at participating AMR Collection properties; ALG Vacations(R), a packaged vacation provider and leisure travel distribution platform in North America serving the United States, Mexico and the Caribbean; Amstar, a destination services management company; and Trisept Solutions, a leisure travel technology platform.

Hyatt stated that it is determining ways in which the World of Hyatt(R) loyalty programme and ALG’s Unlimited Vacation Club(R) can bring added value and unique loyalty benefits to their respective member bases. Hyatt plans to integrate the AMR Collection into World of Hyatt in 2022 so that members can earn and redeem World of Hyatt points at more than 100 AMR Collection hotels and resorts.

‘Hyatt’s acquisition of ALG represents a brand-defining moment in our more than 60-year history and builds on our legacy as a hospitality leader,’ said Mark Hoplamazian, president and chief executive officer, Hyatt. ‘Hyatt and ALG have highly complementary brand portfolios and share a deep commitment to colleague and guest experiences focused on care. Having first entered the fast-growing luxury all-inclusive space in 2013, we are ideally positioned to capture the significant and rising demand for leisure travel and extend the world-class hospitality we provide to a wide range of new travellers. We are excited to welcome the ALG team to the Hyatt family, and look forward to working together to achieve new levels of growth and value creation for all stakeholders – including our shareholders, owners, customers, guests, members and colleagues.’

ALG’s business will continue to be led by Alejandro Reynal and the current ALG leadership team. ALG will operate as a distinct business unit within Hyatt. Mr. Reynal has joined Hyatt’s executive leadership team and reports to Mr. Hoplamazian.

Hyatt Place opens in London Heathrow Airport

Hyatt Place has opened in London Heathrow Airport recently, marking the second Hyatt Place hotel in the city.

Following an extensive renovation of the existing building, Hyatt Place London Heathrow Airport is located at the entrance of Heathrow Airport. The hotel offers casual hospitality and service in a high-tech and contemporary environment.

The 358-room hotel, managed by Cycas Hospitality, joins four Hyatt Place hotels in Europe, including Hyatt Place Jermuk and Hyatt Place Yerevan in Aremnia; Hyatt Place Amsterdam Airport in The Netherlands; and Hyatt Place London Heathrow/Hayes in the U.K.

‘We are delighted to collaborate with Cycas Hospitality and M&L Hospitality to bring the second Hyatt Place hotel to the U.K.,’ said Peter Fulton, group president – Europe, Africa and Middle East and Southwest Asia for Hyatt. ‘The opening of this hotel marks a significant milestone for Hyatt as the Hyatt Place brand continues to expand worldwide and offer more choices to our guests in key gateway cities like London.’

‘We are proud to welcome the first guests to Hyatt Place London Heathrow Airport, a hotel that truly reflects the needs of the modern traveller,’ said Ingrid van Veen, regional manager for Cycas Hospitality. ‘We believe Hyatt Place London Heathrow Airport will exceed guest expectations while visiting or passing through London.’

Hyatt Place London Heathrow Airport will offer 358 guestrooms, including media and work centre with a 42′ flat-panel HDTV; meetings spaces offering seven flexible, high-tech meeting/function space that can accommodate 2-100 delegates; Free Wi-Fi and public computers with remote printing throughout the hotel; a 24-hour StayFit Gym featuring fully stocked exercise equipment; Coffee to Cocktails Bar featuring specialty coffees and premium beers, as well as wines and cocktails among other conveniences and luxuries.

Hyatt Affiliate purchases Hyatt Regency Birmingham

Hyatt Hotels, the US-based hospitality company that owns brands such as Hyatt, Park Hyatt, Andaz, Grand Hyatt, Hyatt Regency and others, is reporting that a company affiliate has acquired the Hyatt Regency Birmingham hotel in the UK.

The hotel, which was only partly owned by the company affiliate, will now be fully owned for a price of GBP27 million.

Tim Flodin, the general manager at Hyatt Regency Birmingham, said, ‘The team at the hotel is delighted at the news that a Hyatt affiliate has purchased the hotel, and as one of the most popular hotels in the city amongst both business and leisure guests, we have a proud history of hospitality in Birmingham and look forward to the exciting times ahead.

At Hyatt Regency Birmingham, we are committed to supporting the local community, working closely with surrounding businesses, colleges and charities, including the Queen Elizabeth Hospital, Stourbridge College, University College Birmingham and catering college KHCSC.’

The hotel has been operating as Hyatt Regency Birmingham since its opening in 1990. The Hyatt affiliate intends to invest around GBP6 million in 2013 to refurbish the hotel as one of the foremost hotels in Birmingham.

Claiming to be one of the best-situated hotels, Hyatt Regency Birmingham is a contemporary, four-star hotel located in Birmingham city centre. The hotel has 319 luxury rooms and suites, the Amala Spa & Club, a 16-meter indoor swimming pool and a fitness area, the signature Aria Restaurant and Pravda Bar, and 10 meeting and event rooms.

Michael Gray, the Hyatt Hotels area director for UK and Ireland, said, ‘Birmingham is one of the leading business tourism destinations in the United Kingdom, and Hyatt Regency Birmingham has long been a favourite choice in the city.

Hyatt has successfully provided management services for the hotel for many years and we are delighted that a Hyatt affiliate is once again the owner of this hotel, one of our key hotels in the United Kingdom. We believe that the hotel’s excellent location and full range of services, event capabilities and dining options will continue to make this one of the city’s very best places to stay and to hold an event, and we are very enthused about this investment in the property. Indeed on top of its existing strengths, we expect that improved transport links, such as the extended runway at Birmingham Airport and the high-speed London rail link will no doubt even further increase the attractiveness of Birmingham as an event destination in the future. We are also very enthusiastic about this because of Hyatt’s long and proud history in the UK.’

Hyatt Hotels Worldwide to Serve Community in Month of June

Hyatt Hotels, a US-based company that operates 207 Hyatt Hotels and Resorts worldwide, is offering to serve the community for the entire month of June.

The hotel company has earmarked several volunteer initiatives worldwide, as well as participation in the National Conference on Volunteerism and Service in June 2012.

Brigitta Witt, the vice president for corporate responsibility for Hyatt Hotels & Resorts, said, ‘We are so proud of the progress we’ve made in the last year since the introduction of Hyatt Thrive, and we are committed to focusing on projects that contribute to the prosperity, health and advancement of the many communities around the world that our hotels call home.

While June is our official volunteer and service month, our efforts extend well beyond this – we are working each and every day to involve ourselves in initiatives that promote community engagement and environmental stewardship and that truly help to make a difference in the lives of our guests, associates, owners and neighbours.’

As a part of the company initiative, named Hyatt Thrive, team members from the corporate headquarters and from area Hyatt hotels including the Park Hyatt Chicago, Hyatt Regency Chicago and Hyatt Regency McCormick Place, will be participating in programmes to benefit the community.

Globally, employees at Hyatt hotels will also be working with their local communities in the month of June to offer aid and support to the most underprivileged members of their neighbourhoods. The programmes will include voluntary work, financial help, as well as conducting educational programmes and workshops.


Hyatt Hotels Announces New Hyatt Regency Mexico City in Mexico

Hyatt Hotels, a US-based company that owns and operates 207 Hyatt Hotels and Resorts worldwide, has announced a new Hyatt Regency hotel in Mexico.

The 756-room, Hotel Nikko Mexico, has been acquired by the company from Japan-Mexico Hotel Investment Co, and re-branded as the Hyatt Regency Mexico City, for an investment of USD190 million.

Steve Haggerty, the company global head of real estate and development, said, ‘The introduction of Hyatt Regency Mexico City marks the first step in expanding the presence of Hyatt-branded hotels in Mexico and throughout Latin America. Our substantial direct investment in acquiring this hotel, as well as our plans for 12 new properties in Latin America across our full-and select-service brands, underscores our commitment to becoming the most preferred hospitality brand by opening hotels in key locations where our guests are travelling.’

The hotel is located around 30 minutes travel time from the Benito Juarez International Airport, and offers views of the Mexico Cityskyline. The hotel amenities include a Regency Club Lounge, and a number of fine dining restaurants and entertainment venues, as well as meetings and events spaces.

Myles McGourty, the company senior vice president for Latin America, said, ‘The introduction of Hyatt Regency Mexico City creates a significantly higher profile for Hyatt’s brands in Mexico and throughout all of Latin America. The addition of four of Hyatt’s hotel brands in Mexico over the next few years and our plans for further expansion throughout the region underscores our commitment to enhancing preference for our brands.’