Hyatt Withdraws Int...
 

Hyatt Withdraws Interest In NH Hotels Acquisition

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(@lucky)
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A few days ago I wrote about how Hyatt had expressed interest in a possible acquisition of NH Hotels. Hyatt has been struggling to keep up with the competition when it comes to their global portfolio. While other major hotel brands have been expanding and acquiring competitors, Hyatt has been growing at a slow pace…

Continue reading: Hyatt Withdraws Interest In NH Hotels Acquisition

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(@vasco)
Joined: 5 years ago

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A merger with Wyndham would have great synergies. Wyndham lacks high end properties, which Hyatt has, while Hyatt lacks size, which Wyndham definitely has.


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(@traderlatino)
Joined: 5 years ago

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Looks like Hyatt will grow onehotelatatime


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 Troy
(@Troy)
Joined: 8 years ago

Posts: 12

@Vasco I don't see Wyndham so trying to understand this comment? While I agree Hyatt lack size, Wyndham represents size with HIGH numbers of low end property which is not exactly in Hyatt's wheelhouse. These are even less desirable than Ben's point about Radison, which BTW I tend to agree Ben I can see them looking at Radisson and all we can hope for is a huge facelift for them.


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(@Another Steve)
Joined: 12 years ago

Posts: 145

Acquire Radission but keep the "friends and family rates" and apply them throughout the Hyatt portfolio. Wishful thinking.


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(@vasco)
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@Troy What I mean is that their portfolios are highly complementary. There is very little overlap, so neither would Hyatt hotels cannibalize Wyndham's, nor vice versa.

Of course, this is predicated on the assumption that Hyatt would like to extend into the limited service segment. If they wouldn't, then obviously this wouldn't apply.


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Diamond
(@paolo)
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Hyatt is about to open in Athens ( from 18th August, an acquisition rather than a new build by the look of it). Still, decades behind the competition and this one doesn’t look to have a great location, unlike the 2 major SPG properties.
Hyatt runs the risk of being left behind; the ludicrous changes to Gold Passport haven’t helped.


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