This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Hyatt House Brand To Enter Mexico

Stocks in this article: H

Hyatt Hotels Corporation (NYSE: H) today announced plans to introduce its Hyatt House extended stay brand in Mexico with the signing of a franchise agreement between a Hyatt affiliate and Fideicomiso de Actividad Empresarial for Hyatt House Santa Fe in Mexico City. The hotel is expected to open in 2016, and it will be managed by Grupo Presidente, one of Mexico’s leading hotel operators.

Hyatt House Santa Fe will be located in Mexico City’s Santa Fe neighborhood, a renowned business and commercial district in the western part of the city. The hotel will also be the first extended stay hotel in the Santa Fe area backed by an international hotel brand. Hyatt House Santa Fe will help keep routines rolling for guests with 119 residentially inspired upscale den guestrooms, studio and one-bedroom kitchen suites, a comfortable Commons area for guests to unwind in, including an H BAR serving the Sip+Savor menu and full bar, and 2,000 square feet of meeting space, as well as free WiFi and access to public computers, Workout Room and swimming pool.

Hyatt House Santa Fe will be a key component of a mixed-use complex situated along Avenida Prolongacion Vasco de Quiroga. The complex will also include approximately 64,500 square feet of office and retail space, Mexico City’s first upscale assisted living residences and an elevated pathway connecting the complex to the American British Cowdray Medical Center (ABC Hospital), which is one of the country’s most recognized and leading health care facilities.

“We are delighted to be bringing the first Hyatt House hotel to Mexico. Hyatt House Santa Fe will be an ideal home-base for business travelers and visitors to the medical, corporate and academic facilities in the area,” said Norton Figot, director, Fideicomiso de Actividad Empresarial. “Adding the strength and innovation of the Hyatt brand to the development complex is very important to us.”

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs