Hyatt Will Manage Bahia Principe All-Inclusive Resorts

Oct 28, 2024 · Hyatt & Grupo Piñero launch all-inclusive joint venture. Hyatt and Grupo Piñero have entered into a long-term, asset-light, 50/50 strategic joint venture based in Palma de …

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Hyatt Hotels Corporation - Hyatt And Grupo Piñero Announce …

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Oct 28, 2024 · The 50/50 joint venture is expected to expand Hyatt’s all-inclusive room portfolio by approximately 30% and enhance Hyatt’s position as one of the leading providers of all …

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Hyatt Expands All-Inclusive Portfolio By 30% With Bahia Principe Deal

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Oct 28, 2024 · Hyatt Hotels Corp. and Grupo Pinero, owner of Bahia Principe Hotels & Resorts, have announced a deal that will expand Hyatt’s all-inclusive portfolio by about 30%.

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FAQs about Hyatt Will Manage Bahia Principe All-Inclusive Resorts Coupon?

Does Hyatt own Bahia Principe Hotels & Resorts?

Photo Credit: Bahia Principe Hotels & Resorts Hyatt Hotels Corp. plans to further grow its Inclusive Collection via a 50/50 joint venture with Spanish hospitality company Grupo Pinero, owner of Bahia Principe Hotels & Resorts. The pair will manage Bahia Principe-branded hotels and resorts as well as jointly own the Bahia Principe brand. ...

Will Hyatt & Bahia Principe expand its all-inclusive portfolio?

Hyatt's all-inclusive portfolio will increase its room count by about 30% with the additional resorts. The joint venture will be headquartered in Palma de Mallorca, with current Bahia Principe CEO Julio Perez continuing as chief executive. Grupo Pinero's global CEO, Encarna Pinero, will serve as chairman of the board. ...

Will Bahia Principe join the world of Hyatt loyalty program?

Bahia Principe Hotels & Resorts is expected to join the World of Hyatt loyalty program at a later date. The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates. About Hyatt Hotels Corporation ...

Is the Bahia Principe Fantasia A Hyatt?

ALL-IN: The Bahia Principe Fantasia Tenerife in Spain's Canary Islands is now part of the Hyatt family. A lready the global leader in all-inclusive resorts, Hyatt Hotels is once again doubling down on the segment by bringing in nearly two dozen properties from a hotel brand that is well-known to sun lovers. ...

What happens to Hyatt & Bahia Principe?

When the deal closes, Bahia Principe’s current CEO is expected to lead the new management company. Upon closing, 23 resorts with over 12,000 rooms will be joining Hyatt’s portfolio. These Bahia Principe Hotels & Resorts properties are located in the Dominican Republic, Mexico, Jamaica, and Spain. ...

Who owns Bahia Principe Hotels?

Grupo Piñero will serve as the owner of the JV-managed resorts and will steer is dedicated to the renovation projects at Bahia Principe hotels. The collaboration aims to build on Grupo Piñero's “all-inclusive” expertise and European customer base, while Hyatt will contribute to further growth with travellers from the Americas and other key markets. ...