Hyatt and Grupo Piñero Form Strategic Joint Venture to Strengthen Global Presence in All-Inclusive Market
**CHICAGO, IL / PALMA DE MALLORCA, SPAIN (October 28, 2024)** – Hyatt Hotels Corporation (NYSE: H) has announced plans for its affiliates and Grupo Piñero to enter into a long-term strategic partnership. This joint venture aims to solidify Hyatt’s position as a global leader in the all-inclusive hospitality sector while accelerating the growth of Grupo Piñero’s hotel division. The collaboration will enable both companies to expand their reach and attract new clients in key international markets.
This partnership is expected to enhance both brands’ offerings and provide guests with more diverse and high-quality vacation experiences.
Source: newsroom.hyatt.com