Hyatt has completed the acquisition of Dream Hotel Group, and the Dream properties are already joining the World of Hyatt.
Hyatt has been aggressively acquiring new brands to make up for the greatest deficiency with the group, its smaller global footprint compared to the other large hotel companies.
Dream Hotel Group are lifestyle and luxury hotels which include Dream Hotels, Chatwal Hotels, and Unscripted Hotels, with properties located in the Americas, Europe, and Asia.
This acquisition is increasing Hyatt’s portfolio by 12 hotels and adding 1,700 rooms to its lifestyle portfolio, with an additional 24 properties expected to open in the future.
The acquisition is expected to bring Hyatt’s room count in New York City up by more than 30%.
Dream Hotels are known for their vibrant dining and nightlife experiences, destination bars, nightclubs, and more.
While these hotels may not be considered luxury properties, they’re lifestyle properties that offer guests a fun and memorable experience.
They’re similar to other brands like W Hotels or Thompson Hotels, and with this acquisition, the Dream Hotels brand is expected to grow significantly with future locations planned for cities like Miami, Las Vegas, and Valle de Guadalupe.
So far, only the Chatwal in New York has been integrated into World of Hyatt, but other properties should join the program soon.
This is great news for Hyatt members who can earn and redeem points and enjoy elite perks at these properties.
