Finance & DevelopmentDevelopmentHyatt and Banyan Cay Development Announce Plans for Florida's First Destination Hotel

Hyatt and Banyan Cay Development Announce Plans for Florida’s First Destination Hotel

CHICAGO—Hyatt Hotels Corporation recently announced that a Hyatt affiliate has entered into a franchise agreement with Banyan Cay Development (BCD) to develop Banyan Cay Resort & Golf, a Destination Hotel. Expected to open in late 2021, this property will mark the brand’s entry into Florida and will be the first full-service Hyatt-branded property in Palm Beach County, an internationally recognized resort and leisure destination.

Banyan Cay Resort & Golf will include 150 guestrooms, a 5,000-square-foot spa and fitness center, a tennis pavilion, swimming pools, and three food and beverage venues, including signature restaurants and golf clubhouse dining. With more than 10,000 square feet of planned indoor meeting and events spaces, guests will also have ample space to host private functions, conferences, and gatherings. The property is six miles from beaches and located near West Palm Beach International Airport.

“At Hyatt, we prioritize thoughtful growth in locations that matter most to our guests, World of Hyatt members, and customers, and we are excited to introduce Hyatt’s high-quality and distinct experiences to West Palm Beach,” said David Tarr, senior vice president, development, Americas, Hyatt. “We look forward to collaborating with Banyan Cay Development to expand the Destination Hotels brand footprint and provide travelers with a unique, upscale resort option.”

Situated by the resort’s tropical pool and offering views of Banyan Lake, Banyan Cay Resort & Golf will also offer 22 private resort villas, including bell service, daily housekeeping, room service, private kitchens, and spacious living and dining areas.

“We are thrilled to collaborate with Hyatt on plans to introduce the first golf resort in the city of West Palm Beach and provide guests with an elevated stay experience that embodies the laid-back elegance and spirit of southern Florida,” said Domenic Gatto, founder of Banyan Cay Development. “With its longstanding reputation in stand-out resort offerings, the Destination Hotels brand is perfectly suited to help guests discover all that the resort will offer.”

Banyan Cay Resort & Golf is home to a 130-acre Jack Nicklaus signature golf course and clubhouse, which is currently open and operating. To date, multiple events, charity tournaments, and qualifiers for major PGA-sanctioned tournaments—including the Honda Classic and the US Open—have been hosted on the Banyan Cay Golf Course. The course is expected to host many more events of similar caliber in the future.


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