Big news! Hyatt Acquired Apple Leisure Group for $2.7B.
That was worth repeating.
What does this mean for all-inclusive travelers?
First, it’s important to note that ALG’s resort brand management platform AMResorts provides management services to the largest portfolio of luxury all-inclusive resorts in the Americas under the AMR Collection brand portfolio.
You know…all inclusive resorts like Secrets Resorts & Spa, Dreams Resorts & Spas, Breathless Resorts & Spas, Sunscape Resorts & Spas, Zoëtry Wellness & Spa Resorts and Alua Hotels & Resorts brand.
ALG Vacation brands include: Apple Vacations, Funjet Vacations, Travel Impressions, CheapCaribbean.com, Blue Sky Tours, Southwest Vacations, and United Vacations as well as Amstar DMC (destination management services).
Unlimited Vacation Club has over 110,000 members and offers preferred rates and other benefits at AMR Collection properties (like Check PricesSecrets Cap Cana, Check PricesDreams Playa Mujeres, etc.).
According to Hyatt, the addition of ALG’s properties will double their global footprint – immediately!
Since Hyatt acquired Apple Leisure Group, this will expand their presence in the luxury leisure market and will add about 100 hotels to its portfolio.
Once complete – Hyatt will offer the largest portfolio of luxury all-inclusive resorts in the world and will be the largest operator of luxury hotels in Mexico and Caribbean.
Europe is also included in this expansion.
“Today is a great milestone in what has been a story of growth, resilience, and dedication to world-class leisure experiences by an outstanding team at Apple Leisure Group,” said Chris Harrington and Rich Weissman, partners at KKR and KSL Capital Partners, respectively.
“There is simply no better home for ALG to continue on its growth trajectory than being part of Hyatt.”
Hyatt also says they’re planning on expanding beyond ALG’s pipeline in new areas where ALG does not currently have hotels.
All-inclusive travelers will see more available choices and experiences via ALG and Hyatt.
So Hyatt Acquired Apple Leisure Group – what does this mean for World of Hyatt and Unlimited Vacation Club members?
It’s a bit too soon and this will likely be announced after the transaction has been completed.
Gonzalo del Peón, Group President, AMResorts Americas & Global Commercial reached out and said that Hyatt and AMR will benefit from each other’s strengths.
He said this transaction is expected to:
- Reinvigorate leisure travel
- Accelerate the platform for growth
- Strengthen resources and relationships ensuring no disruption in business for its customers and partners
- Expand its footprint – more destinations to choose from
- Reinforce our shared values due to similarities around culture, mission, vision and values
Once this deal is completed and sets Hyatt up as offering the largest collection of all-inclusive resorts in the world – it will also include new markets like Acapulco, Curacao, St. Martin and more.
And…oh….the places you’ll be able to go.
The addition of these new resorts to Hyatt’s existing collection of 1,000+ hotels will give you a plethora of options for wellness, family friendly, solo – all kinds of options to create more memories.