Hyatt

Hyatt Reports First Quarter Loss of $304 Million Amidst Pandemic

Hyatt Reports First Quarter Loss of $304 Million Amidst Pandemic

Hyatt Hotels announced financial results for the first quarter of 2021.
The hotel chain reported a net loss of $304 million amidst the coronavirus pandemic-induced decline in travel.
Revenue for the first three months of the year was $438 million, down 55.9%.
Despite the decline, the company was optimistic as more people across the globe were inoculated against the coronavirus.
“The expansion of vaccine distribution and the easing of travel restrictions in certain markets …

Great Moments in Travel History – April 2021

One year ago, we predicted that the “Great Moments” monthly feature would include multiple mentions of the various shutdowns and, one can only hope, some of the restarts of the Coronavirus Age.  As of now, reports of reopenings after the coronavirus pandemic-induced decline in travel will have to wait until the April 2022 edition, although reports of closings comprise the entirety of page three of this article.
Meanwhile, April, the fourth …

Rio Las Vegas to be Reflagged as Hyatt Regency

Rio Las Vegas to be Reflagged as Hyatt Regency

Hyatt Hotels and Resorts announced plans to expand its presence in the gambling capital of the world, Las Vegas, and reflag the Rio All-Suite Hotel and Casino.
The home of the Penn & Teller theater opened its doors to guests in 1990 and was the first all-suite property in the Las Vegas area.  It was designed with a Brazilian theme and named after the city of Rio de Janeiro.
The 2,510-key Rio …

Hyatt Opens 1,000th Hotel, the Alila Napa Valley

Hyatt Opens 1,000th Hotel, the Alila Napa Valley

Hyatt Hotels announced the opening of its 1,000th property, the Alila Napa Valley hotel.
The milestone was reached 68 years after the opening of the first Hyatt property, the Hyatt House, a motel near Los Angeles International Airport, in 1953 by Hyatt Robert von Dehn and Jack Dyer Crouch.  The property is considered to be the first airport hotel in the world.
After being acquired by Jay Pritzker in 1957, Hyatt grew …

World of Hyatt Launches ‘500 Reasons to Stay Somewhere New’ Promotion

World of Hyatt Launches ‘500 Reasons to Stay Somewhere New’ Promotion

Hyatt’s World of Hyatt guest loyalty promotion announced a new promotion, 500 Reasons to Stay Somewhere New, which encourages travelers to stay at new Hyatt properties.
All members are eligible to earn 500 points per night with a stay at one or more of 34 new Hyatt hotels.
Registration is not required as all members of the World of Hyatt program are eligible.
The promotion period varies from hotel to hotel, but typically …

Hyatt Regency Opens in South Africa

Hyatt Regency Opens in South Africa

Hyatt Hotels announced the opening of its first Hyatt-branded property in Cape Town, South Africa.
The 137-room hotel, renovated in partnership with Millat Properties and LW Design Group, features brightly-lit rooms in moderate, earth tones with hardwood floors.
The newly refurbished property is located in the Bo-Kaap neighborhood with views of Table Mountain and Signal Hill
The hotel offers an indoor and outdoor pool. Other amenities include a fitness center, laundry service, and …

Hyatt to Make it Easier to Earn Elite Status, Cutting Requirements by 50%

Hyatt to Make it Easier to Earn Elite Status, Cutting Requirements by 50%

Hyatt Hotels’ guest-loyalty program, World of Hyatt, announced multiple changes to its requirements for attaining elite status in the 2021 calendar year amidst the coronavirus pandemic.
The program will reduce both the Base Point and Tier-Qualifying Night requirements by 50%, compared to current requirements.  It is also extending several offers into the beginning of next year,
The hotelier’s goal is to give members “more time to accelerate point earnings and boost tier …