Articles tagged “standard international”

Hyatt Hotels Corporation has acquired Standard International's brands, expanding its asset-light portfolio in Asia with upcoming properties such as The Standard, Singapore, and The StandardX in Bangkok Phra Arthit, along with Standard Residences under development in Phuket and Hua Hin.

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.

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.

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.

Major hotel groups continue to be eager to collect lifestyle and luxury brands.

Standard International is trying to take lessons from its successes 25 years ago and apply them to its latest brand today.

The Standard International announced a new hospitality brand, The StandardX with its first hotel to be located in Melbourne, Australia, starting in February 2024.