Articles tagged “hyatt”

Marriott leads in the competition for the largest membership in a hotel loyalty program, with over 210 million members. But its rivals are hot on its heels.

Today's podcast looks at Hyatt’s purchased of Standard, what new loyalty branding deals look like, and Shakira’s role pitching Despegar.

The Standard is part of a category of hotels that Hyatt and all major groups covet. Hyatt's CEO has previously said adding luxury and lifestyle brands can create a “network effect,” driving loyalty program growth and engagement.

Major hotel groups are playing Pokémon with their loyalty programs. Instead of collecting rare game cards, they're adding new sets of travelers to their databases. Gotta catch 'em all.

Hyatt is set to sell the Hyatt Regency Orlando for approximately $1.02 billion to Ares and RIDA Development, with Hyatt retaining a preferred equity interest and a 30-year management agreement.

Hyatt claimed success in capitalizing on a business travel recovery. But as it considers acquisitions and development deals, it must balance ambition with potential economic headwinds.

For Hyatt, a marketing tie-up with Under Canvas represents a strategic expansion into the booming outdoor resort sector, catering to travelers seeking posh stays in natural surroundings.

Hyatt sees adding luxury lifestyle hotels like Standard Hotels as creating a virtuous cycle of growth in its loyalty program and pipeline.

Today's podcast looks at the chances of a new deal for Hyatt, United's latest reactions to the low-cost carrier model, and destinations' methods for calculating visitor numbers.

While The Standard International gets ready to open its first StandardX property, it’s also in advanced stages as a takeover target by Hyatt.