Hyatt to Open First Hyatt Place Outside of the U.S.
CHICAGO—Hyatt Hotels Corporation announced the opening of Hyatt Place San Jose/Pinares, the first Hyatt-branded hotel in Costa Rica and the first Hyatt Place hotel outside of the United States. In addition to Hyatt Place San Jose/Pinares, 13 previously announced hotels will open across Hyatt’s portfolio of brands in Latin America. When these properties open, there will be a total of 22 Hyatt-branded hotels in Latin America. READER COMMENTS
“Latin America is a key emerging market and one where we believe our brands, especially our select service offerings, have tremendous potential,” said Stephen Haggerty, global head of real estate and capital strategy, Hyatt Hotels Corporation, in an announcement. “Thanks to accelerating economic development and an increase in business travel, we believe our select service brands will be successful in multiple countries throughout the region, and we are confident Hyatt Place will be as well received in Latin America as it has been in the United States.”
The 120-room Hyatt Place San Jose/Pinares is part of Momentum Pinares, a mixed use commercial complex on the east side of Costa Rica’s capital that includes an approximately 97,000 square foot office tower, a 48,000 square foot medical building, a theater, and shopping mall with 75,000 square feet of retail space.
“Introducing our select service brands to Latin America will bring Hyatt’s authentic hospitality to an audience who has never stayed with us before,” said Myles McGourty, senior vice president, Hyatt of Latin America. “The proximity of Hyatt Place San Jose/Pinares to universities, leisure destinations and multinational corporations will allow us to showcase the brand’s flexible nature and the amenities that have been so successful in creating a new category of hotel in the U.S.”