Hyatt Grows in Southeast Asia

To shift its focus from the near-saturated developed markets, Chicago, IL-based leading global hotel chain Hyatt Hotels Corp. (H) is currently focusing on the faster growing Asia-Pacific region to benefit from the region’s rising demand meant for hotels. The company currently operates a lot more than 50 hotels in this region.

The hotelier recently unveiled a Hyatt Regency-branded property in Phuket, Thailand in association with a local real estate corporation — Kamala Bay Ventures. The brand debuted in the famous Phuket island with the five-star property christened Hyatt Regency Phuket Resort.

Strategically positioned near Kamala Cove, the hotel is close to Patong beach and in close proximity to Phuket International Airport. Hyatt Regency Phuket Resort offers 199 guest rooms along with various other amenities for example spa, fitness center, restaurants and pool bar facilities, to attract the leisure travelers.

Phuket’s pristine beaches, nightlife, shopping, dining and lodging, catch the attention of a majority of the tourists. We believe that Phuket, a significant tourism hub, is a strategic fit for new hotels and the hotelier is placed to tap into this flourishing marketplace.

The Hyatt Regency branded hotels are mainly created in the urban, suburban, airport, conference and resort destinations worldwide. Nearly 149 properties are operating beneath the brand globally. Apart from this new resort, the hotelier operates another property or home named Hyatt Regency Hua Hin in Thailand.

In late Dec 2013, Hyatt declared the launch of one property each under Park Hyatt and Hyatt Regency brands in Changbaishan, China. These openings are in line with the company’s goal to expand its presence worldwide, especially in the Asian market.

Hyatt holds a Zacks Rank #2 (Buy). Other players in the hotels sector include Home Inns & Resorts Management Inc. (HMIN), Orient-Express Hotels Limited. (OEH) and Starwood Hotels & Hotels Worldwide Inc. (HOT). While Home Inns & Resorts sports a Zacks Rank #1 (Strong Buy), Orient-Express and Starwood keeps the same rank as Hyatt.

Read the Full Research Report upon H
Read the Full Research Report on HOT
Browse the Full Research Report on OEH
Read the Full Research Statement on HMIN

Zacks Purchase Research


-+011000110+-

To shift its focus from the near-saturated developed markets, Chicago, IL-based leading global hotel chain Hyatt Hotels Corp. (H) is currently focusing on the faster growing Asia-Pacific region to benefit from the region’s rising demand meant for hotels. The company currently operates a lot more than 50 hotels in this region.

The hotelier recently unveiled a Hyatt Regency-branded property in Phuket, Thailand in association with a local real estate corporation — Kamala Bay Ventures. The brand debuted in the famous Phuket island with the five-star property christened Hyatt Regency Phuket Resort.

Strategically positioned near Kamala Cove, the hotel is close to Patong beach and in close proximity to Phuket International Airport. Hyatt Regency Phuket Resort offers 199 guest rooms along with various other amenities for example spa, fitness center, restaurants and pool bar facilities, to attract the leisure travelers.

Phuket’s pristine beaches, nightlife, shopping, dining and lodging, catch the attention of a majority of the tourists. We believe that Phuket, a significant tourism hub, is a strategic fit for new hotels and the hotelier is placed to tap into this flourishing marketplace.

The Hyatt Regency branded hotels are mainly created in the urban, suburban, airport, conference and resort destinations worldwide. Nearly 149 properties are operating beneath the brand globally. Apart from this new resort, the hotelier operates another property or home named Hyatt Regency Hua Hin in Thailand.

In late Dec 2013, Hyatt declared the launch of one property each under Park Hyatt and Hyatt Regency brands in Changbaishan, China. These openings are in line with the company’s goal to expand its presence worldwide, especially in the Asian market.

Hyatt holds a Zacks Rank #2 (Buy). Other players in the hotels sector include Home Inns & Resorts Management Inc. (HMIN), Orient-Express Hotels Limited. (OEH) and Starwood Hotels & Hotels Worldwide Inc. (HOT). While Home Inns & Resorts sports a Zacks Rank #1 (Strong Buy), Orient-Express and Starwood keeps the same rank as Hyatt.

Read the Full Research Report upon H
Read the Full Research Report on HOT
Browse the Full Research Report on OEH
Read the Full Research Statement on HMIN

Zacks Purchase Research

This entry was posted in Airport Hotel News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *