The days of one-brand hotel chains are fast disappearing, as the hospitality conglomerates double down on lifestyle and boutique brands. Hyatt has launched a “lifestyle division” that will oversee boutique brands including Andaz, Alila, Hyatt Centric, Joie de Vivre Hotels, Thompson Hotels and tommie, according to Skrift. It follows Hyatt’s $480 million acquisition of boutique Two Road Hospitality in December, which consisted of 85 properties in eight countries. Hyatt said in a statement that Frederic […]
source https://therealdeal.com/national/2019/05/25/hyatt-is-doubling-down-on-boutique-lifestyle-hotels/#new_tab
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