• Hotel Jolt
  • Posts
  • 🏨 Hyatt Acquires Standard Hotels and Prepares to Launch New Brand

🏨 Hyatt Acquires Standard Hotels and Prepares to Launch New Brand

In partnership with

Jolt Your Hospitality IQ: Stay Ahead with the Latest News and Trends

Your IRA, made to order

Choose where and when you want to retire, and a Betterment IRA can help make your money hustle all the way there.

Hyatt has acquired Standard International to expand its luxury and lifestyle offerings and plans to integrate these hotels into the World of Hyatt program. Additionally, Hyatt is launching a new budget-friendly brand, Hyatt Studios, focusing on affordable extended-stay accommodations. Read More.

As group travel recovers, higher group occupancy is essential for boosting hotel revenue and profitability, despite discounted rates compared to transient travel. Hotels are focusing on optimizing profitability, especially in food and beverage operations, to adapt to changing market conditions. Read More.

Several hotels have recently appointed new general managers, including Deniz Akyuz at AC Hotel Columbus Dublin, Kerry Hing at Amangiri, and Mike McLeod at Hilton Portland Downtown. Other key appointments include Matthew Huss at Hyatt Regency Boston / Cambridge, Emily Nelson at Kennebunkport Resort Collection, Revell Newton at King Kamehameha Kona Beach Resort, Christine San Nicolas at Outrigger Kauai Beach Resort & Spa, and Danielle Auckerman at PiΓ±on Court by La Fonda. Read More.

Kimpton Santo, a luxury boutique hotel, is set to open on August 29 in San Antonio, marking Kimpton Hotels & Restaurants' first location in the city. The hotel, housed in a historic 19th-century building, will feature a restaurant, three bars, a rooftop pool, and various exclusive promotions throughout its opening month. Read More.

Tripleseat for Hotels has partnered with Lark Hotels and its sister brand, Bluebird by Lark, to provide a comprehensive, cloud-based group sales and catering management platform. This collaboration aims to streamline event booking and enhance customer relationship management across Lark's 28 properties and Bluebird's 9 lodge-style hotels, improving efficiency and guest experiences. Read More.

Hyatt has announced plans to acquire lifestyle hotel operator Standard International for up to $335 million, bringing the company's 21 global properties under its brand. This acquisition adds around 30 hotels to Hyatt's lifestyle portfolio, marking another strategic move in the increasingly competitive "lifestyle wars" among major hotel brands like Hilton and IHG. Read More.

Showcase your brand/product/services in our newsletter and reach over 15,000 industry leaders in hospitality! Contact us today to advertise with Hotel Jolt.

Ready to share your story? You could be featured in our Executive Spotlight and showcase your experiences to our readers! Learn more here.

Disclosure: Some content in this newsletter may be sponsored or include affiliate links. Hotel Jolt might earn commissions or have a business interest in featured companies. Read our privacy policy.