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News / Hyatt and Parks Hospitality Holdings collaborate on thoughtful growth in Mexico with new hotels slated to open in 2024 and beyond
Four new properties developed by Parks Hospitality Holdings will expand Hyatt’s luxury and leisure offerings in Mexico’s most sought-after destinations
Photo: Park Hyatt Cancun Exterior Rendering - Courtesy of PHH
Hyatt Hotels Corporation and Parks Hospitality Holdings have announced a highly anticipated collaboration to expand Hyatt’s brand footprint in Mexico with the development of four new properties across key destinations in Mexico, including Mexico City, Los Cabos, and Cancun. The new properties are expected to open starting 2024 and will include two Grand Hyatt hotels, a new select-service offering near the Cancun International Airport, and the debut of the Park Hyatt brand in Cancun.
Hyatt’s collaboration with PHH reflects a strong development pipeline driven by an unprecedented, sustained demand for leisure and luxury travel. Hyatt and PHH are committed to thoughtful growth in Mexico, by expanding Hyatt’s legacy brands and offering highly personalized service, distinct food and beverage experiences, and versatile, elevated meeting and event spaces in key destinations to serve leisure and business travelers alike.
Grand Hyatt Los Cabos Exterior Rendering - Courtesy of PHH
Parks Hospitality Holdings Investment in Prominent Markets with Multi-Deal Collaboration:
- Park Hyatt Cancun: Slated to open in 2025, this sophisticated resort will offer beachfront access, immersive and rare culinary experiences, bars and lounges, and more than 3,000 square feet of meeting space including a 2,000-square-foot ballroom. Guests will quickly identify the resort as their home-away-from-home with the hotel’s focus on world-renowned architecture and design, vibrant artwork, highly personalized service, and understated luxury with Cancun’s pristine beaches as an unmatched backdrop.
- Grand Hyatt Mexico Santa Fe: Slated to open in 2025, this 287-room hotel will be the first urban Grand Hyatt property in Mexico and the second Grand Hyatt hotel in the region. It will offer 360-degree views of the city, more than 10,000 square feet of meeting and event space and be an integral part of the mixed-use project Distrito Santa Fe.
- Grand Hyatt Los Cabos: Slated to open in 2026 and situated within the OLEADA Pacific Living & Golf private resort community, this immersive property will offer 1,200 acres of bold luxury just 15 minutes west of Cabo San Lucas and 30 minutes from Los Cabos International Airport. The 300-room hotel designed by SB Architects will feature a world-class 18-hole golf course designed by Golf Hall of Famer, Ernie Els, and multiple restaurants and bars serving signature cocktails and exceptional cuisine. The luxury OLEADA resort community will span nearly a mile offering world-class resort and residential options, a garden where fresh herbs, fruits and vegetables are grown, nature trails for hiking and cycling and much more.
- Hyatt Place Cancun Airport: Slated to open in late 2026 and conveniently located less than 10 minutes away from Cancun International Airport, this 156-room property will offer a new select-service option for leisure and business travelers, featuring contemporary design, spacious areas, and 24/7 conveniences.
For more information about Hyatt hotels, please visit hyatt.com.
The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.