Hyatt Plans To Open 21 New Hotels In Asia Pacific By 2020

(RTTNews) - Hyatt Hotels Corp. (H) announced its plan to expand in Asia Pacific by opening 21 new luxury hotels and resorts by the end of 2020.

The company expects to achieve this expansion through seven Park Hyatt branded properties, six hotels each under the Grand Hyatt and Andaz brands and two Alila branded resorts.

Hyatt's planned openings in 2019 include Andaz Dubai The Palm in the United Arab Emirates, Andaz Gangnam Seoul in South Korea, Grand Hyatt Al Khobar in Saudi Arabia, Grand Hyatt Gurgaon in India, Grand Hyatt Hefei in China, Park Hyatt Auckland in New Zealand, Park Hyatt Doha in Qatar, Park Hyatt Jakarta in Indonesia, Park Hyatt Kyoto in Japan, Park Hyatt Shenzhen in China.

Hyatt's planned openings in 2020 include Alila Dalit Bay in Malaysia, Alila Hinu Bay in Oman, Andaz Bali in Indonesia, Andaz Sanya Sunny Bay in China, Andaz Shenzhen in China, Andaz Xiamen in China, Grand Hyatt Jeju in Korea, Grand Hyatt Kuwait in Kuwait, Grand Hyatt Shenzhou Peninsula in China, Park Hyatt Niseko, Hanazono in Japan, Park Hyatt Suzhou in China.

H closed Friday's trading session at $74.47.