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Hyatt Hotels Corporation (NYSE: H) today announced the opening of Park Hyatt Zanzibar, marking the first ever Hyatt hotel on the idyllic East African island and the 36th Park Hyatt hotel worldwide. Park Hyatt Zanzibar reflects the intimate and understated elegance of the Park Hyatt brand while embracing the rich culture, heritage and historical significance of Zanzibar s unique Stone Town.
Hyatt's transformative growth continues this year with planned acquisition of Dream Hotel Group, global expansion of Caption by Hyatt brand and organic growth of Hyatt’s global portfolio.
Hyatt Hotels Corporation said that it is positioned for continued transformative growth in 2023 and beyond with a record pipeline of approximately 117,000 rooms worldwide as of year-end 2022.