Apple Leisure Group President and CEO Alejandro Reynal is stepping down following a tenure of three years with the company, which was acquired by Hyatt Hotels Corp. in November. His last day with Hyatt will be Sept. 30.
“I am filled with deep gratitude and respect for Alejandro’s leadership throughout the acquisition and our strong first year as one company,” said Mark Hoplamazian, president and CEO of Hyatt. “With expertise and passion, Alejandro has led the ALG team to a position of strength and ensured ALG’s business became a thriving part of Hyatt. We have learned a lot from each other, and I personally thank Alejandro for his partnership and friendship, which will endure. Moving ahead, I look forward to collaborating even more closely with each member of the ALG executive committee as we continue our growth journey together.”
“I am immensely proud of what we have built with the ALG leadership team and our colleagues around the world,” Reynal said in a statement. “We have moved through the toughest time in our industry and come out of it stronger than ever. Working with Mark has been an honor—I am thankful to him and his leadership team for how ALG was welcomed into the Hyatt family and impressed by how our team has embraced the opportunities this next chapter brings. I firmly believe in the power of this combination and am very confident in a bright future ahead for both ALG and Hyatt.”
Following Reynal’s departure, Hoplamazian will assume leadership of Apple Leisure Group effective Oct. 1. To support him, Ray Snisky, group president ALG Vacations, will take on additional responsibilities related to the business coordination and other operational matters, also effective Oct. 1.