Hyatt expands portfolio in Latina America

Hyatt Hotels Corporation, in collaboration with Maya Rio Development, has announced plans for the first Hyatt-branded hotel in Belize. The Placencia Resort is entering the Hyatt portfolio as an affiliated hotel before joining the Destination by Hyatt brand and World of Hyatt loyalty programme late next year. It is located on the Placencia Peninsula in a 13-mile long beach in southern Belize near the largest barrier reef in the western hemisphere.

The resort will offer 90 reimagined guestrooms, suites and beachfront villas following a $10 million renovation along with a three-meal restaurant, indoor / outdoor event space for social gatherings, an overwater signature restaurant and bar, and a refreshed pool and pool bar experience.

David Kuperberg, Head of Development, Dream Hotels, Hyatt, stated, “We’re excited to welcome guests to a new destination within the Hyatt portfolio and allow them to explore the breadth and beauty of Belize and what The Placencia Resort has to offer. These plans for the first Hyatt-branded hotel in Belize reinforces our thoughtful brand growth in Latin America and the Caribbean, and we remain dedicated to meeting our guests where they want to be. We’re thankful to have worked alongside Maya Rio Development on this transition and look forward to bringing the Destination by Hyatt brand to Belize in late 2025.”

"The Placencia Resort’s collaboration with Hyatt will allow us to offer our guests an unparalleled opportunity to immerse themselves in the rich culture and history of Belize. We are thrilled to join the Destination by Hyatt portfolio next year, further enhancing our guests' experiences with access to World of Hyatt benefits once we officially join the portfolio,” added Dyke Rogers, co-owner of Maya Rio Development.

The Placencia Resort further builds on Hyatt’s strategy for growing its brands in Latin America and Caribbean region, with openings by end of 2024, including Hyatt Centric Santo Domingo, Dreams Grand Island, Hyatt Centric San José Escazú and Hyatt Regency Panama City.