Global hospitality chain Hyatt Hotels Corp has unveiled plans to open nearly 200 new hotels in the Americas region over the next two years, following the rising demand for hospitality.
The Chicago-based firm has claimed in a statement that the new hotels would expand its footprint in the region by 33%.
“Newly executed deals for properties – under management and franchise agreements – will join 585 hotels that are currently open and operating in the Americas,” the company said.
While Hyatt runs hotels across the region, most of its facilities are located in the United States, Canada, and Mexico. The company says its brands, such as Alila, Destination Hotels, Joie de Vivre, and Thompson Hotels, are experiencing strong growth.
The hospitality chain is building 250-rooms Hyatt Residency in Mexico City, with analysts expecting it to be opened in 2021. It is also building two Park Hyatt hotels in Mexico. One of them, currently under construction in Los Cabos, is set to be opened next year.
Demand for hotels has been rising continuously in many countries in the region, including Mexico, says Hyatt. The hospitality chain is running dozens of hotels in Latin America. Two months ago, it launched its second hotel in Colombia.