World of Hyatt Adding Dozens of High-End Hotels in 2019
Long before a merger with Marriott was finalized, we heard rumblings that Starwood might be acquired by one of its largest competitors: Hyatt Hotels. As we're all well aware now, that potential deal never panned out, with Starwood and the beloved SPG program making its way to Marriott's portfolio, instead.
Still, Hyatt's continued to pursue opportunities to expand its footprint, through smaller deals, from a partnership with Miraval to an ongoing loyalty agreement with M Life. And World of Hyatt members will soon have even more great options when it comes time to earn and redeem — in one of the chain's biggest announcements to date, Hyatt just shared plans to acquire Two Roads Hospitality, the group that manages brands such as Joie de Vivre Hotels, Thompson Hotels, Destination Hotels and Alila Hotels & Resorts, with 85+ properties in eight countries around the world.
As a New Yorker, I'm well acquainted with Thompson, which manages properties in Manhattan, including the phenomenal Beekman Hotel, along with locations in Chicago, Nashville and other North American cities. Another Two Roads brand, Destination Hotels, also offers properties I'm curious to check out, including L'Auberge de Sedona in Arizona and Stowe Mountain Lodge in Vermont.
It's not yet clear which properties will make their way to World of Hyatt, though some members of Two Roads' "Affiliate Hotels" group, such as Aloft Charlotte and DoubleTree Boston Bedford Glen, almost certainly won't, since they're members of Marriott Rewards and Hilton Honors, respectively.
In total, Hyatt expects to purchase the chain for $480 million, with the possibility of future investments as well. The deal is expected to close later this year, with properties becoming available for World of Hyatt earning and redemption in 2019.
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app