Hyatt announces the first Thompson Hotels property in Spain: Thompson Madrid scheduled to open in mid-2022

Hyatt announces the first Thompson Hotels property in Spain: Thompson Madrid scheduled to open in mid-2022

Thompson Madrid will build on Hyatt’s continued growth of its luxury and lifestyle portfolio fueled by leisure demand

CHICAGO, IL, 2022-Feb-23 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) announced today (February 22, 2022) that a Hyatt affiliate has entered into an agreement with Exacorp One S.L. for the first Thompson Hotels property in Spain: Thompson Madrid. Slated to open in mid-2022, the 175-room luxury lifestyle hotel will mark a significant milestone for Hyatt as the brand celebrates its thoughtful growth in Europe with its debut in Spain.

Perfect for both business and leisure guests, Thompson Madrid will be located in the center of the new Golden Mile of Madrid, and steps away from the most visited icons of the city, Puerta del Sol and the eclectic Gran Vía street.

Thompson Hotels are renowned for combining curated design and culinary sophistication with the right amount of edge. With fashion, art and entertainment at the heart of the Thompson Hotels experience, the brand attracts tastemakers from international guests to emerging creatives in the neighborhood. At Thompson Madrid, guests will experience elements of Madrid’s culture through the hotel’s striking design and spaces that have been inspired by the soul of the city and its architecture. A vibrant mix of global sophistication and cultural know-how, the prime location will embody the Thompson Hotels brand’s promise to provide a dynamic home-base for culture savvy guests to connect with each other and what inspires them.

“We are honored to work with Exacorp One S.L. to welcome the Thompson Hotels brand to Spain, a sought-after market of today’s leisure travelers. Thompson Madrid will become a remarkable property in the heart of the city, where culture is celebrated and everyone who walks through the doors feels more like a resident than a guest,“ said Peter Norman, senior vice president development EAME & SWA at Hyatt. “These plans for Thompson Madrid come at a time of significant growth for the Thompson Hotels brand, largely fueled by leisure travel demand, offering a luxurious, evocative collection of boutique hotels, synonymous with highly distinct services and experiences that cater to the high-end traveler.”

The hotel’s 175 guestrooms, including 23 exceptional suites, have been carefully designed and decorated to make guests to discover a new sense of modern luxury. The guestrooms will feature balconies and terraces with city views and fashion forward art and style. Thompson Madrid will offer a truly unique stay with the additional offer of a two-story penthouse with panoramic views.

Thompson Madrid will be a social anchor of the neighborhood boasting three food and beverage outlets housed on various floors, including the signature rooftop terrace with a bar and restaurant, as well a speak-easy style venuei. The culinary offerings will be managed by the renowned Grupo La Ancha, with a strong presence in Spain since the early 20th century and creator of beloved dining concepts such as Fismuler in Madrid. The rooftop will offer stunning views overlooking Madrid and will include an urban oasis, with a state of the art outdoor pool, a hilltop residential style bar, and a destination day club. Additional amenities will include uniquely designed event spaces, as well as an open-air courtyard and a fitness center.

“Today we celebrate a considerable milestone, the debut of Thompson Hotels in Spain. We are thrilled to work with Hyatt on Thompson Madrid, a stunning property that we are sure will become an iconic landmark within the beautiful city of Madrid. We look forward to welcoming guests to discover a new sense of luxury later in 2022,” said Carlos Llansó, architect and spokesperson at Exacorp One S.L.

Thompson Madrid will mark the third Hyatt-branded hotel in the city joining Hyatt Centric Gran Via Madrid and Hyatt Regency Hesperia Madrid.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of December 31, 2021, the Company’s portfolio included more than 1,150 hotel and all-inclusive properties in 70 countries across six continents. The Company’s offering includes the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination by HyattTM, Hyatt Regency®, Hyatt®, Hyatt ZivaTM, Hyatt ZilaraTM, Thompson Hotels®, Hyatt Centric®, Caption by Hyatt, JdV by HyattTM, Hyatt House®, Hyatt Place®, UrCove, and Hyatt Residence Club® brands, as well as resort and hotel brands under the AMRTM Collection, including Secrets® Resorts & Spas, Dreams® Resorts & Spas, Breathless Resorts & Spas®, Zoëtry® Wellness & Spa Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

Forward Looking Statement

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, risks associated with the consummation of the Apple Leisure Group (“ALG”) acquisition, including the related incurrence of material additional indebtedness; our ability to successfully integrate ALG’s employees and operations into ours; the ability to realize the anticipated benefits of the acquisition of ALG as rapidly or to the extent anticipated; the duration of the COVID-19 pandemic and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the short and longer-term effects of the COVID-19 pandemic, including the demand for travel, transient and group business, and levels of consumer confidence; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution and efficacy of COVID-19 vaccines and wide acceptance by the general population of such vaccines; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; global supply chain constraints and interruptions; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and all-inclusive segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, such as the COVID-19 pandemic, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions, and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and ALG’s membership offering; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements.  We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

MEDIA CONTACTS:

Glennie Janssen
Hyatt
Glennie.janssen@hyatt.com

Milica Ferreira da Silva
Hyatt – Europe, Africa and Middle East
Milica.ferreiradasilva@hyatt.com

Source: Hyatt Hotels Corporation

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