Finance & DevelopmentDevelopmentHyatt Place Manatí Opens in Puerto Rico

Hyatt Place Manatí Opens in Puerto Rico

CHICAGO—Hyatt Hotels Corporation, PRISA Group, and McConnell Valdes Consulting have announced the opening of Hyatt Place Manatí in Manatí, Puerto Rico. Hyatt Place Manatí represents the first international hotel brand in the north central region of Puerto Rico and the second Hyatt Place hotel to open in Puerto Rico within the last three months, marking for a strong return of Hyatt-branded hotels to the island after a seven-year absence.

In December of 2013, Puerto Rico’s first Hyatt Place hotel opened in the municipality of Bayamon. The Hyatt Place brand expansion continues in Puerto Rico with Hyatt Place Manatí and will be followed by a Hyatt House hotel in San Juan, which is expected to open later this year. Hyatt House San Juan will mark the first hotel in the extended stay segment to open in Puerto Rico. “This second opening furthers the meaningful growth of our brand in Puerto Rico, and throughout the U.S., Caribbean, Mexico and Latin America over the next few years,” said Chris Walker, vice president of brands, Hyatt Place.

“With Puerto Rico seeing double-digit growth in visitors and RevPAR during the last three years, it’s the perfect time to introduce our second Hyatt Place hotel on the island and to expand our relationship with Hyatt,” said Federico Stubbe Jr., president of PRISA Group, the developer and owner. “The Hyatt Place brand offers an innovative service concept and a modern design that we believe will be very successful in Puerto Rico. The introduction of a second of three planned Hyatt select service hotels in Puerto Rico is a testament to the growth of the island as a national and international destination for both leisure and business travelers.”

RELATED ARTICLES