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  /  Hospitality   /  Hyatt Still Bullish on Building New Hotels in Current Economy

Hyatt Still Bullish on Building New Hotels in Current Economy

Hyatt

Hyatt’s six-hotel expansion across the U.S. Sun Belt (rendering of a planned Atlanta property to open in 2021) comes amid the worst year on record for the hotel industry. Hyatt

Skift Take: Hotel developers that look beyond banks to alternative financing sources like high-net-worth individuals will pay more in the near-term, but a company like Hyatt may find it is worth it in executing a growth strategy.

— Cameron Sperance

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