Hyatt completes Bahia Principe partnership, expanding all-inclusive portfolio

It’s a good day for World of Hyatt members as the Chicago-based hotel chain takes another step in expanding its all-inclusive portfolio.

Hyatt and Grupo Piñero, owner of Bahia Principe Hotels & Resorts, have officially signed a partnership after announcing the joint venture earlier this year. The long-term strategic joint venture, headquartered in Palma de Mallorca, Spain, will oversee the Bahia Principe branded assets.

This exciting development will add 22 resorts and approximately 12,000 rooms to Hyatt’s growing portfolio. Bahia Principe Hotels & Resorts is spread across Spain, Dominican Republic, Jamaica and Mexico. The development will also increase Hyatt’s all-inclusive portfolio by approximately 30%.

Currently, Hyatt has more than 1,300 properties in its portfolio, a modest offering compared to Marriott and Hilton, which have nearly 9,100 properties across 8,000 properties, respectively.

With the signing of this agreement, we will finally see Bahia Principe properties join the World of Hyatt loyalty program, allowing members to earn and redeem points while using exclusive features. rights to their elite status. Currently, no timeline has been given for this integration. But hopefully it will take place in 2025 without any delays.

Bahia Principe has a strong European clientele thanks to its properties in the Canary Islands, making it a popular choice for those looking for an all-inclusive stay. Thanks to the partnership with Hyatt, we can expect the popularity of their properties in Mexico and the Caribbean to increase, especially among those looking to earn and redeem World of Hyatt.

Related: 16 of the world’s best Hyatt all-inclusive resorts

Hyatt has gradually built its all-inclusive portfolio since 2013 when it established the Hyatt Ziva and Hyatt Zilara brands. More recently, in 2021, Hyatt acquired Apple Leisure Group, which added more than 140 properties across 10 brands to the Hyatt All-Inclusive Collection.

Related: Hyatt Zilara Riviera Maya: An all-inclusive resort that chooses quality over quantity

Hyatt’s momentum to expand its portfolio, especially in the all-inclusive sector, is not slowing down anytime soon. Hyatt is also in talks with Playa Hotels & Resorts, a major operator of all-inclusive resorts in the Caribbean and Mexico, to take over its assets and consolidate its leadership position in this space.

All-inclusive properties offer value and convenience, especially for families and Even more so when redeeming points to stay. Standard rooms at Hyatt all-inclusive resorts range from 12,000 points per night for an off-peak Category A hotel to 58,000 points per night for an off-peak Category F room.

It remains to be seen what types of properties Bahia Principe might fall into.

Related: Your guide to the World of Hyatt award rankings

Bottom line

Hyatt’s joint venture with Grupo Piñero includes management of all inclusive resorts in Bahia Principe. This strategic move will add 22 properties across Spain, Mexico and the Caribbean to Hyatt’s portfolio. Hopefully by 2025, we’ll find out how properties will be integrated into World of Hyatt and whether there will be lucrative redemption and earning options.

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