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Hyatt Boosting Brand Presence in Canada

Chicago-based Company Sees "Tremendous Growth" North of Border, Will Jump From Nine to 21 Hotels
June 8, 2018
Pictured: Park Hyatt Toronto in Yorkville, currently under renovations and scheduled to re-open in December 2019.

Hyatt plans to increase its presence in Canada from its current nine-branded hotels to 21, and will launch eight new facilities in the next two years, the company said in a release.

The 12 new hotels will be Hyatt Place and Hyatt House-branded facilities for the Chicago-based company, which has a portfolio of 14 brands, and as of March 31, 2018, had more than 700 properties in 50 countries.

"We believe the new agreements being announced today, along with the previously announced properties under development, demonstrate growing confidence among owners and developers in the strength of the Hyatt Place and Hyatt House hotels in Canada," said Scott Richer, Hyatt vice president of real estate and development for Canada, in a statement.

Another four Hyatt-branded hotels are expected for 2020.

"There is tremendous growth opportunity in this region. Canada continues to see strong levels of leisure travel, as well as an increase in corporate travel," added Richer.

In 2018, the Hyatt Place Calgary Airport will open with 127 guestrooms and the Hyatt Place Mississauga Centre will open with 126 guestrooms. In 2019, Hyatt Places are set to go in Brampton, Ontario; Kelowna, British Columbia; Moncton, New Brunswick; and Winnipeg, Manitoba. Hyatt Houses are also set for Hamilton, Ontario and Winnipeg next year.

In 2020, the company will open Hyatt Place Toronto International Airport, Hyatt Place Toronto Airport Corporate Centre, Hyatt House Toronto Airport Corporate Centre and Hyatt Place Vancouver Airport.

Hyatt currently has branded hotels in British Columbia, Alberta, Quebec and Ontario, including the Park Hyatt Toronto, which is being renovated and is set to open in December 2019.

Garry Marr, Toronto Market Reporter  CoStar Group   
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