2024 | Brand | brand growth | Brand News | Brands | December | December 2024 | hotel brands | Hyatt | Hyatt Hotels Corporation | Industry News | industy news | Lifestyle Hotels | luxury hotels | Openings
Hyatt Plans Luxury and Lifestyle Openings for Next Two Years
CHICAGO—Hyatt Hotels Corporation showed during ILTM Cannes a pipeline of over 50 luxury and lifestyle hotels set to open worldwide by 2026. Luxury travel demand surged in 2023 and continues to rise and with Savills forecasting a 52.8 percent increase in Europe’s existing luxury hotel stock by 2028, highlighting investor confidence in the segment’s growth…