Hyatt Announces Plans for Andaz Turks & Caicos at Grace Bay

The Hyatt Hotels Corporation has announced plans for Andaz Turks & Caicos at Grace Bay, a hotel and residences development. The property is expected to open in 2021 and will be the first Andaz brand hotel in the Caribbean. It will be developed by Vista Development Ltd. of Pronet Capital, LLC and will sit on 5.5 acres on the famous Grace Bay Beach.

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Hyatt Buys Wellness Brand, Exhale

Hyatt is proving once again that they are committed to taking health and wellness very seriously with the purchase of another wellness brand called Exhale. This company was founded in 2002 and features 25 locations throughout the United States and the Caribbean, offering fitness classes and/or spa services.

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Hyatt Acquires Miraval Group, Plans New Resorts

Hyatt announced yesterday its plan to acquire the New York-based wellness resort chain Miraval Group. The deal is estimated at $375 million, and includes Miraval’s two existing resorts in Tucson, Arizona, and Austin, Texas. In addition to the buyout, Hyatt is also planning the creation and rebranding of additional resorts under the Miraval name by 2019. [Read more…]

interval leisure group

Interval Leisure Group Names New Leader of Vacation Ownership

Interval Leisure Group (ILG), owner of popular timeshare brands such as Hyatt, Sheraton, and Westin, has named a new CEO and president of their vacation ownership operations. Sergio D. Rivera will be stepping into the role to oversee ILG’s existing timeshare properties and the development of new ones. [Read more…]

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