Saturday, October 5, 2024 Hyatt Hotels Corporation has announced substantial growth in its select service pipeline, marking a nearly 25% increase in the Americas over the past three years. As of June 30, 2024, this segment accounts for more than 50% of Hyatt’s overall pipeline in the region. Alongside its expansion in lifestyle, luxury, and all-inclusive offerings, Hyatt’s select service portfolio continues to be a vital contributor to market growth and to boosting awareness and enrollment in World of Hyatt, the fastest-growing loyalty program in the industry.
Driven by owner-led innovation, Hyatt is enhancing its select service brands by prioritizing operational efficiency and profitability. “Across our select service brands, we are strategically adapting product design and operations to reduce construction costs, leverage technology, and allow for greater customization,” said Dan Hansen, head of Americas development, Hyatt . “While prioritizing what matters most to our guests and World of Hyatt members, we will continue to grow and evolve with intent, delivering exceptional guest experiences and maximizing owner profitability.
” Caption by Hyatt Brand Evolves with Owner Insights Hyatt’s upscale select service brand, Caption by Hyatt, has introduced a revitalized strategy that offers enhanced market flexibility, a streamlined food and beverage model, and an updated prototype design. These improvements, shaped by feedback from both owners and guests, allow for ex.