CHICAGO—Hyatt Hotels Corporation showed during ILTM Cannes a pipeline of over 50 luxury and lifestyle hotels set to open worldwide by 2026. Luxury travel demand surged in 2023 and continues to rise and with Savills forecasting a 52.8 percent increase in Europe’s existing luxury hotel stock by 2028, highlighting investor confidence in the segment’s growth potential. With 70 percent of Hyatt’s global rooms categorized as luxury and upper upscale and Hyatt having expanded this portfolio […]

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