This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.
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.
Featured image courtesy of The Beekman Hotel.
With some great bonus categories, the American Express Gold Card has a lot going for it. The card offers 4x points at US restaurants, at US supermarkets (up to $25,000; then 1x), and 3x points on flights booked directly with airlines or through amextravel.com. It is currently offering a welcome bonus of 35,000 bonus points after you spend $2,000 in the first three months.
- Earn 35,000 Membership Rewards® Points after you spend $2,000 on eligible purchases with your new Card within the first 3 months.
- Earn 4X Membership Rewards® points at U.S. restaurants. Earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per year in purchases, then 1X).
- Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
- Earn up to $10 in statement credits monthly when you pay with The Gold Card at Grubhub, Seamless, The Cheesecake Factory, Shake Shack, and Ruth's Chris Steak House. This is an annual savings of up to $120. Enrollment required.
- $100 Airline Fee Credit: up to $100 in statement credits per calendar year for incidental fees at one selected qualifying airline.
- Choose to carry a balance with interest on eligible charges of $100 or more.
- No Foreign Transaction Fees.
- Annual Fee is $250.
- Terms apply.
- See Rates & Fees