Hyatt Hotels Corp. announced plans to expand its Americas footprint by about one-third, with 50 hotels slated to open in 2020 and more than 140 by 2022, adding to its current total of 585 properties operating in the region. The company credited business demand in several markets, including California, New York, Texas, Canada and Mexico.
The new properties will be spread across 13 of the company's brands, with 65 contracts signed for Hyatt Place in the U.S., 14 in Canada and one in Costa Rica, and 40 new Hyatt House hotels in the U.S. and six in Canada. Hyatt Centric, the company's fastest-growing lifestyle brand, will add 16 hotels, including one opened Jan. 22 in Old Town Alexandria, Va.
Thompson Hotels, added to Hyatt's portfolio via the 2018 acquisition of Two Roads Hospitality, has been growing exponentially, especially among transient corporate travelers, said a company spokesperson. Eight new Thompson properties will debut by 2022, following the Jan. 8 opening of a Washington, D.C., property.