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Playa Hotels’ stock jumped 28% after the company announced discussions with Hyatt Hotels for a potential acquisition under an exclusivity agreement lasting until February 3. Playa operates 24 resorts across Mexico, Jamaica, and the Dominican Republic under partnerships with brands like Hyatt, Hilton, and Wyndham, while Hyatt’s CEO highlighted strategic benefits from the potential deal. Hyatt shares fell nearly 2%, while Playa’s gains this year exceed 40%, reflecting growing consolidation opportunities in the all-inclusive resort market. #PlayaHotels #HyattHotels #StockSurge #AcquisitionNews #Hospitality

HotelDive just reported that Hyatt Hotels Corp. was in “advanced” talks to acquire boutique hotel company Standard International, which operates luxury properties across the world, Bloomberg reported Wednesday. Here is my take on the potential acquisition: Hyatt has two major challenges, both of which have increased their appetite for acquisitions: a) Global footprint - Hyatt is the smallest of the major hotel chains with a mere 1,350 properties. Compare this to Marriott with nearly 9,000 and Hilton with almost 8,000. Hyatt needs to expand its footprint globally to be able to compete with the other major chains in many key destinations and to take advantage of the post-COVID trend for branditization of the global hospitality industry. This cannot be done organically since it will take much, much longer. b) Loyalty Program: Hyatt needs to boost the membership of its loyalty program, which has a paltry 42 million members. Compare this to 205 million for Marriott Bonvoy or 185 million for Hilton Honors. By offering greater global footprint in desirable destinations, Hyatt can quickly ramp up its loyalty program membership. Why is this important? A loyalty program is not just a “point-dispensing machine”, but a database of first-party membership data, which is priceless in this era of search engines and browsers (Google’s Chrome, Apple’s Safari and Firefox) discontinuing their support of third-party cookies and government privacy protection regulations. Loyalty member preferences, lifetime value (LTV), past purchasing and browsing behavior are now being actively used by the OTAs to engage, convert and retain loyalty members and to improve brand marketing, CRM, personalization, customer service, upsells and in-destination experiences.

Some hotel news from 🇺🇸… US based PM Hotel Group has merged with with Sightline Hospitality adding 22 properties (open and in the pipeline) to PM Hotel Group’s portfolio. Sightline’s hotel brands, including nature-focussed RESET and outdoor adventure-led evo Hotels, will join PM Hotel Group alongside their existing Modus by PM Hotel Group lifestyle division. Geographically, the merger also expands PM’s footprint in the US mountain regions, along the West Coast, and marks the group’s debut in the Hawaiian Islands. The newly merged entity will continue to operate under the PM Hotel Group name, which now manages approximately 85 hotels and resorts across the United States. Joseph Bojanowski, president of PM Hotel Group, said: “Joining forces with Sightline Hospitality represents a significant milestone in PM Hotel Group’s ongoing mission to elevate hospitality management standards.” Kirk Pederson, president of Sightline Hospitality, said: “At Sightline Hospitality, the core mission has always been to craft exceptional and immersive experiences for our guests. This merger with PM Hotel Group represents a strategic opportunity to combine our strengths and redefine the boundaries of hospitality excellence.” #hotels #hospitality 📷 Sightline Hospitality/RESET

Hyatt’s acquisition of boutique hotel platform Mr & Mrs Smith is showing early signs of success. Since the deal was announced in June 2023, both companies have reported expanded market reach and back-end systems have been integrated. https://hubs.li/Q02ZV8990

What's New to TheStreet... 🏨 Hyatt to Acquire Standard International in Lifestyle Push 🏨 Hyatt is stepping up its game by acquiring Standard International, with plans to form a new lifestyle group. The new group will be led by Executive Chairman Amar Lalvani, marking an exciting chapter in the hospitality world. What are your thoughts on this bold move? Share below!👇🏻 👉🏻Follow New To The Street for more! #hyatt #hospitality #lifestyle #hotels #acquisition #travelnews #businessupdate #businessnews #business #news #newtothestreet

What's New to TheStreet... 🏨 Hyatt to Acquire Standard International in Lifestyle Push 🏨 Hyatt is stepping up its game by acquiring Standard International, with plans to form a new lifestyle group. The new group will be led by Executive Chairman Amar Lalvani, marking an exciting chapter in the hospitality world. What are your thoughts on this bold move? Share below!👇🏻 👉🏻Follow New To The Street for more! #hyatt #hospitality #lifestyle #hotels #acquisition #travelnews #businessupdate #businessnews #business #news #newtothestreet

On the heels of Hyatt Hotels Corporation announcing its Standard International, LLC buy, I chatted with hotel industry experts to find out what’s driving the company’s push in the segment and why #acquisition, particularly, is its strategy. It’s likely part of Hyatt’s goal to go “asset-lighter,” some shared. And the #luxurylifestyle space is a good place to expand, since younger #travelers are increasingly seeking the experiences, design and culture the segment provides. But it’s no longer all fun and games for #hotelcompanies looking to stand out in the segment — it’s become war, namely because SO many brands are now competing for customers, clients, talent and more. How will Hyatt differentiate itself among other hotel players expanding in lifestyle? And are more lifestyle brand acquisitions on the horizon? Check out what the experts had to say. Thanks for your insights Sid Narang and Daniel André Langer!

Exciting developments in the hospitality sector! Hyatt Hotels has entered exclusive negotiations with Playa Hotels & Resorts, a significant move that could reshape their market presence in the luxury all-inclusive segment. This partnership isn’t just about growth—it's about leveraging operational synergies to enhance profitability while maintaining Hyatt's asset-light model. Imagine Hyatt's Ziva and Zilara brands managing more high-end properties across Mexico and the Caribbean! The potential to create new revenue streams while fostering sustainability makes this a game-changer. Investor reactions are mixed, but one thing is clear: this move could push Hyatt ahead of its competitors like Marriott. As the negotiations unfold, the industry will be watching closely. Will this be a win for travelers, boosting service quality and experience? Or will it pose challenges in maintaining brand integrity? Let’s discuss how this acquisition can redefine luxury travel!

More from The Hospitality Show where I’m with Charles Oswald, CEO of Aperture Hotels, discussing about the changing hotel management landscape. Charles dives into the strategies his team is using to drive growth, adapt to market changes, and deliver value despite industry challenges. Thanks to Entegra -- unmatched purchasing, unlimited performance. Explore more at EntegraPS.com Key Takeaways: Growth Strategy at Aperture Hotels: Discover how Aperture Hotels has expanded its portfolio over 18 months and the impact of bringing in a new CEO. Market Shifts and Management Changes: Insight into why management churn, rather than property sales, is a major trend and how Aperture is adapting. Interest Rates and Investment Forecasts: Charles shares his outlook on how interest rates and market stress affect hotel acquisitions. RevPAR and Expense Management: Learn how Aperture addresses challenges like RevPAR projections, cost pressures, and keeping pace with rising expenses. Core Value of Curiosity: Aperture’s approach to "active curiosity" and finding hidden potential within properties, with case studies to come. Don’t miss out on these critical insights into hotel management strategy and market trends! #HotelManagement #HospitalityPodcast #ApertureHotels #HotelGrowth #Hospitality #hotels #hotelpodcast

More from The Hospitality Show where I’m with Charles Oswald, CEO of Aperture Hotels, discussing about the changing hotel management landscape. Charles dives into the strategies his team is using to drive growth, adapt to market changes, and deliver value despite industry challenges. Thanks to Entegra -- unmatched purchasing, unlimited performance. Explore more at EntegraPS.com Key Takeaways: Growth Strategy at Aperture Hotels: Discover how Aperture Hotels has expanded its portfolio over 18 months and the impact of bringing in a new CEO. Market Shifts and Management Changes: Insight into why management churn, rather than property sales, is a major trend and how Aperture is adapting. Interest Rates and Investment Forecasts: Charles shares his outlook on how interest rates and market stress affect hotel acquisitions. RevPAR and Expense Management: Learn how Aperture addresses challenges like RevPAR projections, cost pressures, and keeping pace with rising expenses. Core Value of Curiosity: Aperture’s approach to "active curiosity" and finding hidden potential within properties, with case studies to come. Don’t miss out on these critical insights into hotel management strategy and market trends! #HotelManagement #HospitalityPodcast #ApertureHotels #HotelGrowth #Hospitality #hotels #hotelpodcast