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May 19, 2022

Hyatt Announces Plans for First Andaz Hotel in Mexico City

Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a management agreement with Grupo Murano for a new luxury lifestyle hotel, Andaz Condesa Mexico City, to be located in Mexico City’s Condesa neighborhood. The 213-room hotel will represent the first Andaz property in Mexico City and is expected to open in late 2022 as part of the I421 mixed-use complex, formerly known as the historic Conjunto Aristos.

The Andaz brand of luxury lifestyle hotels offers distinctively local experiences that stimulate the senses. Every Andaz hotel celebrates the uniqueness of its neighborhoods – capturing the best of local design and cuisine while [...]

 
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May 18, 2022

Miraval Resorts & Spa Goes Global With Renowned Wellbeing & Mindfulness Experiences

 Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with The Red Sea Development Company for Miraval The Red Sea, a 180-room luxury wellness resort. Miraval The Red Sea will introduce the wellness brand’s signature mindfulness-based wellness practices to a new corner of the world, empowering guests with tools and inspiration to find balance and support their emotional and mental wellbeing. Located on Saudi Arabia’s Shura Island, the central hub of the highly anticipated new hospitality development, The Red Sea Project, the new Miraval resort will pave the way bringing transformative wellness experiences and the [...]

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May 17, 2022

Update on Marriott International’s Fight to Combat Fraudulent Robocalls

Marriott International, Inc. today filed an amended lawsuit in federal court in Virginia to name ten defendants responsible for fraudulent “robocalls” and another misuse of Marriott’s name. The suit claims the defendants are engaging in deceptive and abusive telemarketing practices and using the Marriott brand for their own commercial gain. This filing amends a lawsuit initiated last year against unknown (“John Doe”) perpetrators.

According to the YouMail Robocall Index, American consumers received tens of billions of robocalls in 2021, pushing assorted products and services including phony Marriott offerings. To induce consumers to purchase certain promotions, robocalls [...]

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May 16, 2022

Alila Kothaifaru Maldives Opens in the Scenic Raa Atoll

Hyatt Hotels Corporation (NYSE: H) announced today the opening of Alila Kothaifaru Maldives, a private island retreat located in the picturesque Raa Atoll at the northern edge of the Maldives. The all-pool-villa resort offers a refreshing blend of serenity and discovery in a relatively untouched corner of the archipelago renowned for its abundant marine life.

“As countries continue to open up and travel confidence grows, we look forward to welcoming guests from all over the world to Alila Kothaifaru Maldives for a memorable getaway in what we hope will become the centerpiece of Raa Atoll,” said David Udell, group president, Asia-Pacific, Hyatt. “We are [...]

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May 16, 2022

Marriott International Announces Redemption of its 3.250% Series L Notes due 2022

Marriott International, Inc. (NASDAQ: MAR) today announced that on June 15, 2022 (the “Redemption Date”) it will redeem all $173,388,000 aggregate principal amount of its outstanding 3.250% Series L Notes due September 15, 2022 (CUSIP No. 571903 AK9) (the “Notes”).

The Notes will be redeemed on the Redemption Date at a redemption price equal to the sum of 100% of the aggregate principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to, but not including, the Redemption Date. On and after the Redemption Date, interest will cease to accrue on the Notes and the Notes will cease to be outstanding.

Cautionary Language Concerning [...]

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May 12, 2022

Hyatt Regency Erbil Residences Celebrates Official Opening

Hyatt Hotels Corporation (NYSE: H) today celebrates the opening of Hyatt Regency Erbil Residences in Iraq. Comprised of 93 stylishly furnished serviced apartments, Hyatt Regency Erbil Residences offers a seamless experience for local and international visitors seeking high-quality, long-term accommodation in the prestigious Gulan Park development.  

As part of Hyatt’s planned brand expansion in the Middle East, the adjoining 204-guestroom hotel, Hyatt Regency Erbil, is expected to open in 2026. Both properties will be located next to World Trade Center Erbil, which, as a member of World Trade Center Associations, acts as a home for a global business network for trade and [...]

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May 12, 2022

AC Hotels by Marriott® Unveils First Hotel in Australia with the Opening of AC Hotel by Marriott Melbourne Southbank

AC Hotels by Marriott®, the design-led lifestyle brand part of Marriott Bonvoy’s portfolio of 30 extraordinary brands, announces its brand debut in Australia with the opening of AC Hotel by Marriott Melbourne Southbank. Located in one of Melbourne’s premier events, arts and entertainment precincts, the new hotel features 205 thoughtfully designed guest rooms and suites, signature dining, and an infinity pool and cocktail bar with sweeping views of the city skyline. AC Melbourne Southbank has been expertly refined and crafted to deliver an elegant yet unobtrusive experience, right in the cultural capital of Australia.

“We are thrilled to celebrate the arrival of [...]

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May 12, 2022

Good Travel with Marriott Bonvoy™ expands to close to 100 hotels and resorts across Asia Pacific

Marriott International today announced the expansion of Good Travel with Marriott Bonvoy™, a program that offers meaningful travel across Asia Pacific. The program now spans close to 100 hotels across the Marriott Bonvoy portfolio in Asia Pacific and offers guests the opportunity to forge first-hand connections with local communities and the environment during their stay.

With more hotels and resorts offering the Good Travel with Marriott Bonvoy™ program, Marriott is set to deliver richer and wider choices of meaningful experiences that promote both cultural understanding and positive, sustainable change. As part of the expansion, Good Travel with Marriott [...]

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