Hyatt and Grupo Piñero Announce Plans to Form Strategic …
Oct 28, 2024 · Hyatt plans to appoint Bahia Principe’s current Chief Executive Officer Julio Pérez as Chief Executive Officer to lead the management company following close, with Grupo Piñero’s current ...
Hyatt Newsroom - News Releases
Dec 27, 2024 · News Releases. GRAND HYATT GOA, INDIA. Dec 27, 2024. Hyatt and Grupo Piñero Finalize Strategic Joint Venture, Adding the Bahia Principe Hotels & Resorts Brand to Hyatt’s Existing All-Inclusive Portfolio. Deal boosts Hyatt’s all-inclusive platform with more rooms and expanded portfolio, boosts the growth of Grupo Piñero’s hotel division ...
Hyatt & Bahia Principe Joint Venture For All-Inclusive Resorts
Dec 27, 2024 · Hyatt has formed a joint venture with Grupo Piñero, to take over management of Bahia Principe all-inclusive resorts. This consists of 23 properties in the Caribbean and Europe, and expands Hyatt’s all-inclusive room count by around 30%.
A $35 Million Renovation Has Given Bahia Principe Luxury …
Jan 29, 2024 · Eight months and $35 million went into transforming this Bavaro Beach all-inclusive mainstay. The December 1, 2023 reopening saw the introduction of the “Taino Soul,” a brand-new venture for Bahia Principe Hotels & Resorts.
News Details
Dec 27, 2024 · Bahia Principe’s Chief Executive Officer Julio Pérez assumes leadership of the joint venture, with Grupo Piñero’s current Global Chief Executive Officer Encarna Piñero serving as Chairman of the Board. Izet Mahalbasic, Vice President Hotel Finance for Hyatt, will join the joint venture as Chief Financial Officer.
Hyatt Adds 23 Bahia Principe Hotels & Resorts, Growing All …
Oct 28, 2024 · On Monday, Hyatt announced a 50/50 joint venture with Spanish company Grupo Piñero to own and manage the entire Bahia Principe brand of all-inclusive resorts. With the new deal, the hotel chain is slated to add 23 resorts – and over 12,000 rooms – to its all-inclusive portfolio, a room growth of approximately 30%.
Hyatt’s all-inclusive resort offering to grow significantly with new ...
Oct 28, 2024 · The new Hyatt joint venture will own the Bahia Principe brand and manage Bahia Principe-branded hotels and resorts around the world. It also grows Hyatt's all-inclusive resort portfolio by 30%. Hyatt touted the "asset-light" nature of the deal, which means Hyatt won't own any of the real estate.
News - grupo-pinero.com
Sep 3, 2024 · Hyatt and Grupo Piñero Finalize Strategic Joint Venture, Adding the Bahia Principe Hotels & Resorts Brand to Hyatt’s Existing All Inclusive Portfolio
Hyatt adds Bahia Principe Hotels & Resorts brand to its portfolio
Dec 30, 2024 · Bahia Principe Grand El Portillo, Dominican Republic Hospitality Deal boosts Hyatt’s all-inclusive platform with more rooms and expanded portfolio, boosts the growth of Grupo Piñero’s hotel division and enhances ability to reach new guests in key markets.
Hyatt adds Bahia Principe brand to all-inclusive collection
4 days ago · Hyatt has closed a deal with Spain’s Grupo Piñero to acquire the Bahia Principe brand, adding 22 resorts to its all-inclusive portfolio. ... Commenting on the news Mark Hoplamazian, president ...