Apr302014

Hyatt Place to open six hotels in Central America in next two years

Hyatt Place will soon be a choice over the next two years when staying in capitals of the Central America countries of Nicaragua, Honduras, Guatemala and El Salvador.

Hyatt Place in Panama City, Panama is scheduled to open later this year.

Nicaragua

Located in Nicaragua’s capital city of Managua, Hyatt Place Managua is expected to open in 2015. The 140-guestroom hotel is being developed on a 77,500 square foot site (7,400 square meters), conveniently located next to Galerias Santo Domingo, Managua’s premier shopping center, with access to over 130 stores and 20 restaurants and bars. The hotel will be 20 minutes from Augusto C. Sandino International Airport.

Guatemala

Located in Guatemala’s capital city of Guatemala City, Hyatt Place Guatemala City is expected to open in 2016. The 140-guestroom hotel is being developed on a 122,116 square foot site (11,345 square meters), as part of the Avia mixed-use development project located in the upscale area locally known as “Zona Viva.” The project will be the most exclusive shopping and entertainment venue in Guatemala City and will include upscale retail, luxury condominiums, Class-A office space and a convention center. The hotel will be located 10 minutes from La Aurora International Airport.

El Salvador

Located in El Salvador’s capital city of San Salvador, Hyatt Place San Salvador is expected to open in 2016. The 140-guestroom hotel is being developed on a 132,772 square foot site (12,335 square meters), as part of a larger mixed-use development project within the existing Las Cascadas shopping mall. The project will also include additional retail, dining and office space. The hotel will be located 10 minutes from the US Embassy in San Salvador and 30 minutes from El Salvador’s International Airport at Comalapa.

Honduras

Located in Honduras’ capital city of Tegucigalpa, Hyatt Place Tegucigalpa is expected to open in 2015. The 126-guestroom hotel is being developed on a 15,069 square foot site (1,800 square meters), located in the downtown Parque Comercial Los Proceres, an upscale mixed-use development. The neighborhood is home to exclusive gated residential communities, the Centro Comercial Los Proceres shopping mall and the Embassy of the United States, among others. The hotel will be located seven miles from Toncontin International Airport.

Located in San Pedro Sula, the second most populous city in Honduras, Hyatt Place San Pedro Sula is expected to open in 2015. The 138-guestroom hotel is part of a 58,125 square foot (5,400 square meters) mixed use development that will house boutique shopping, dining and Class-A office space. The hotel will be located at the intersection of Avenida Circunvalación and Calle 10, a popular shopping, dining and entertainment destination in the city. The hotel will offer easy access to the city’s business and commercial districts and will be 10 miles from Ramon Villeda International Airport.

In 2012, Hyatt introduced the Hyatt Place brand to Latin America with the opening of Hyatt Place San Jose/Pinares in Costa Rica, making it the first Hyatt Place hotel outside of the United States. The following year in 2013, a Hyatt affiliate entered into a master development agreement for nine Hyatt Place branded hotels in Brazil. Also in 2013, Hyatt Place Bayamon in Puerto Rico and Hyatt Place Los Cabos in Mexico opened.

This year, the Hyatt Place brand continued its expansion in the region with the opening of Hyatt Place Manatí in Puerto Rico in March. Additionally, previously announced hotels that are scheduled to open in 2014 include Hyatt Place Santiago/Vitacura in Chile, Hyatt Place Panama City in Panama, and Hyatt Place La Paz and Hyatt Place Ciudad del Carmen in Mexico.

Source: Hyatt Hotels

*****

Hyatt Place is my favorite upper midscale brand with its comfortable room layout of a couch and large screen TV.

The price point of Hyatt Place is also within my travel budget, whereas most full service Hyatt brand hotels are beyond my budget.

Hyatt Hotels 2014 Q-1 investor report released today listed its average room rates in each brand.

Hyatt Systemwide (global) Statistics 2014 Q-1:

  • Hyatt Place,  Average Daily Rate (ADR) = $111.13
  • Hyatt House, ADR = $129.65
  • Hyatt, ADR = $166.38
  • Hyatt Regency, ADR = $174.46
  • Grand Hyatt, ADR = $241.02
  • Andaz, ADR = $270.93
  • Park Hyatt, ADR = $363.11

About Ric Garrido

Ric Garrido of Monterey, California started Loyalty Traveler in 2006 for traveler education on hotel and air travel, primarily using frequent flyer and frequent guest loyalty programs for bargain travel. Loyalty Traveler joined BoardingArea.com in 2008.

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