Hyatt, Parks Hospitality plan Mexico developments

Hyatt Hotels Corp. and Parks Hospitality Holdings are collaborating to expand Hyatt’s brand footprint in Mexico with the development of four new properties in Mexico City, Los Cabos and Cancun. The new properties are slated to open starting in 2024 and will include two Grand Hyatt hotels, a new select-service Hyatt Place near the Cancun International Airport and the debut of the Park Hyatt brand in Cancun.

“Our intentional growth strategy for our portfolio in Mexico is driven by strong relationships with owners like Parks Hospitality Holdings who are helping expand Hyatt’s brand footprint across markets that matter most to our guests, World of Hyatt members and customers,” Camilo Bolaños, senior vice president of development, Latin America & the Caribbean, Hyatt, said in a statement. “Hyatt occupies a unique position in the marketplace, and we believe we are optimally positioned because of our size, scale and portfolio—we are agile enough to create personal relationships, draw on our own experiences and lead with empathy, which allows us to deliver the world-class hospitality for which Hyatt is known.”

New Developments

Park Hyatt Cancun: Slated to open in 2025, this resort will have bars, lounges and more than 3,000 square feet of meeting space including a 2,000-square-foot ballroom. 

Grand Hyatt Mexico Santa Fe: Slated to open in 2025, this 287-room hotel will be the first urban Grand Hyatt property in Mexico and the second Grand Hyatt hotel in the region. It will have more than 10,000 square feet of meeting and event space and be part of the mixed-use Distrito Santa Fe project.

Grand Hyatt Los Cabos: Slated to open in 2026 within the OLEADA Pacific Living & Golf private resort community, this property will cover 1,200 acres 15 minutes west of Cabo San Lucas and 30 minutes from Los Cabos International Airport. The 300-room hotel, designed by SB Architects, will have an 18-hole golf course designed by Golf Hall of Famer Ernie Els and multiple restaurants and bars. The OLEADA resort community will span nearly a mile with resort and residential options; a garden where fresh herbs, fruits and vegetables are grown; and nature trails for hiking and cycling.

Hyatt Place Cancun Airport: Slated to open in late 2026 less than 10 minutes away from Cancun International Airport, this 156-room property will be a new select-service option for leisure and business travelers.