A view of Grand Hyatt Al Khobar Lobby. Credit: Business Wire

US-based Hyatt Hotels has announced its plans to open 21 properties in Asia Pacific by the end of 2020.

The move is expected to boost the company’s luxury portfolio in the region by more than 25% by the end of next year.

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Hyatt commercial for Asia Pacific senior vice president Carina Chorengel said: “We are excited to expand our luxury portfolio in Asia Pacific, bringing more distinct experiences through the Park Hyatt, Grand Hyatt, Andaz and Alila brands to destinations that matter most to our guests.”

The expansion will see the introduction of seven Park Hyatt branded properties, six each under the Grand Hyatt and Andaz brands respectively and two Alila branded resorts.

The portfolio expansion seeks to double the footprint of the company’s lifestyle-focused Andaz brand in Asia-Pacific, with the opening of hotels in major cities such as Seoul, Dubai and Shenzhen, and resort destinations such as Bali, as well as Sanya and Xiamen in China.

Two hotels will open, one each in Malaysia and Oman under the Alila Hotels and Resorts brand.

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The Grand Hyatt brand is set to open new hotels in prime locations in China, India, South Korea, Saudi Arabia and Kuwait.

Hyatt senior vice president, real estate and development for Asia Pacific Patrick Finn said: “We see enormous potential to grow our luxury portfolio in Asia Pacific, which currently accounts for 40% of Hyatt’s overall portfolio in the region.

“Hyatt has a distinct and differentiated strategy with each of our brands positioned at the high end of every segment in which we operate, and we are committed to expanding our brand footprint in major business cities, cultural destinations and leisure hot spots that resonate with developers, owners and guests.”