Hyatt’s all-inclusive resort offering to grow significantly with new Bahia Principe partnership
Hyatt's all-inclusive resort portfolio keeps growing and growing.
On Monday morning the Chicago-headquartered hotel giant announced a new Spain-based joint venture with Grupo Piñero, owner of the Bahia Principe Hotels & Resorts and Cayo Levantado Resort brands. The new Hyatt joint venture will own the Bahia Principe brand and manage Bahia Principe-branded hotels and resorts around the world. It also grows Hyatt's all-inclusive resort portfolio by 30%. Hyatt touted the "asset-light" nature of the deal, which means Hyatt won't own any of the real estate.
"The addition of Bahia Principe's resorts to Hyatt's Inclusive Collection will enhance Hyatt's all-inclusive offering and strengthen our leadership position with one of the largest collections of all-inclusive resorts in the world," Hyatt CEO Mark Hoplamazian said in a statement. "Grupo Piñero's family business culture, shared values, and expertise in the four- to five-star all-inclusive category coupled with Hyatt's leadership in luxury all-inclusive creates powerful opportunities across Hyatt's business — for guests and World of Hyatt members seeking quality all-inclusive experiences across stay occasions, and for hotel owners who can benefit from the network effect of more travelers within the portfolio."
The deal is expected to close in the coming months and builds upon Hyatt's 2021 Apple Leisure group acquisition, which brought all-inclusive brands like Secrets and Dreams into the World of Hyatt orbit. The planned Grupo Piñero venture will add 23 resorts with a total of more than 12,000 rooms to Hyatt's Inclusive Collection. Twenty-two of the resorts are under the Bahia Principe brand and are in Mexico, Jamaica, Spain and the Dominican Republic — including Bahia Principe Grand Punta Cana, which TPG ranks as one of the best all-inclusive resorts in the Dominican Republic.
The deal also includes Cayo Levantado Resort, which opened last year in the Dominican Republic and is also getting rave remarks for its ultraluxury service at a value on nightly rates. Given how Hyatt has expanded the Apple Leisure all-inclusive lineup since taking over, it's only natural to think Bahia Principe and Cayo Levantado will expand into new markets and brand territory.
While a specific price tag wasn't provided, a company announcement implies upgrades are slated for the existing resorts: "A majority of the proceeds from this transaction will be leveraged by Grupo Piñero to enhance existing Bahia Principe resorts."
"For Grupo Piñero, the asset-light long-term strategic joint venture with Hyatt will strengthen Bahia Principe's legacy and represents a clear path to build on its success and growth strategy for the future," Encarna Piñero, global CEO of Grupo Piñero, said in a statement. "Bahia Principe has experienced rapid growth since the opening of our first property in the Dominican Republic nearly 30 years ago. Throughout our journey, we have maintained our core beliefs as a family-owned business, always being faithful to our purpose of seeking to generate a positive social and economic impact for the local communities of the destinations in which we operate. We appreciate and recognize these values in Hyatt's purpose of care and look forward to the next chapter in Bahia Principe's bright future."
World of Hyatt fans will have to wait a bit longer to learn specifics on award redemption categories. The only details so far are that the new collection of all-inclusive resorts is "expected to join the World of Hyatt loyalty program at a later date."
Good things at all-inclusive resorts come to those who wait, we hope!
Related reading:
TPG featured card
at American Express's secure site
Terms & restrictions apply. See rates & fees.
| 3X | Earn 3X Miles on Delta purchases. |
| 1X | Earn 1X Miles on all other eligible purchases. |
Pros
- Delta SkyClub access when flying Delta
- Annual companion ticket for travel on Delta (upon renewal)
- Ability to earn MQDs through spending
- Various statement credits for eligible purchases
Cons
- Steep annual fee of $650
- Other Delta cobranded cards offer superior earning categories
- Earn 100,000 Bonus Miles after you spend $6,000 or more in purchases with your new Card within the first 6 months of Card Membership and an additional 25,000 bonus miles after you make an additional $3,000 in purchases on the Card within your first 6 months, starting from the date that your account is opened. Offer Ends 04/01/2026.
- Delta SkyMiles® Reserve American Express Card Members receive 15 Visits per Medallion® Year to the Delta Sky Club® when flying Delta and can unlock an unlimited number of Visits after spending $75,000 in purchases on your Card in a calendar year. Plus, you’ll receive four One-Time Guest Passes each Medallion Year so you can share the experience with family and friends when traveling Delta together.
- Enjoy complimentary access to The Centurion® Lounge in the U.S. and select international locations (as set forth on the Centurion Lounge Website), Sidecar by The Centurion® Lounge in the U.S. (see the Centurion Lounge Website for more information on Sidecar by The Centurion® Lounge availability), and Escape Lounges when flying on a Delta flight booked with the Delta SkyMiles® Reserve American Express Card. § To access Sidecar by The Centurion® Lounge, Card Members must arrive within 90 minutes of their departing flight (including layovers). To access The Centurion® Lounge, Card Members must arrive within 3 hours of their departing flight. Effective July 8, 2026, during a layover, Card Members must arrive within 5 hours of the connecting flight.
- Receive $2,500 Medallion® Qualification Dollars with MQD Headstart each Medallion Qualification Year and earn $1 MQD for each $10 in purchases on your Delta SkyMiles® Reserve American Express Card with MQD Boost to get closer to Status next Medallion Year.
- Enjoy a Companion Certificate on a Delta First, Delta Comfort, or Delta Main round-trip flight to select destinations each year after renewal of your Card. The Companion Certificate requires payment of government-imposed taxes and fees of between $22 and $250 (for itineraries with up to four flight segments). Baggage charges and other restrictions apply. Delta Basic experiences are not eligible for this benefit.
- $240 Resy Credit: When you use your Delta SkyMiles® Reserve American Express Card for eligible purchases with U.S. Resy restaurants, you can earn up to $20 each month in statement credits. Enrollment required.
- $120 Rideshare Credit: Earn up to $10 back in statement credits each month after you use your Delta SkyMiles® Reserve American Express Card to pay for U.S. rideshare purchases with select providers. Enrollment required.
- Delta SkyMiles® Reserve American Express Card Members get 15% off when using miles to book Award Travel on Delta flights through delta.com and the Fly Delta app. Discount not applicable to partner-operated flights or to taxes and fees.
- With your Delta SkyMiles® Reserve American Express Card, receive upgrade priority over others with the same Medallion tier, product and fare experience purchased, and Million Miler milestone when you fly with Delta.
- Earn 3X Miles on Delta purchases and earn 1X Miles on all other eligible purchases.
- No Foreign Transaction Fees. Enjoy international travel without additional fees on purchases made abroad.
- $650 Annual Fee.
- Apply with confidence. Know if you're approved for a Card with no impact to your credit score. If you're approved and you choose to accept this Card, your credit score may be impacted.
- Terms Apply.
- See Rates & Fees