Hyatt takes steps to gain ground in China
Hyatt closes its acquisition of Two Roads earlier this month, the Alila brand already has resorts in several cities of China and will bring significant additional representation in Asian resorts to Hyatt’s portfolio.
Almost 50 years after Hyatt opened its first hotel in China, the company has a solid footprint in the country. But 58 hotels with more than 19,000 rooms across seven brands in Greater China apparently isn’t enough for the global chain, and Hyatt has set its sights on further growth.
Earlier this year, Hyatt appointed Stephen Ho president of Greater China global operations, a new role within the company. In this capacity, Ho is responsible for growth and operations, talent development and owner relations throughout Greater China. Ho's interview with Forbes and other recent initiatives paint a strong picture of a company with a clear strategy to attract a lucrative demographic.
Hyatt has seven of its brands in China, and Ho told Forbes the company is focused on brands that will capture the region’s ever-strengthening business traveler. “As the fast-growing commercial classes in China travel at an accelerated rate, we have successfully expanded our Hyatt Place and Hyatt House brands, allowing us to serve more business and corporate travelers,” he said.
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