HYATT HOTELS GROUP / 凯悦酒店集团

MAIN BRANDS IN CHINA

HARD DATA

NUMBERS

TOTAL OUTLETS56
HYATT REGENCY22
PARK HYATT6
ANDAZ1
GRAND HYATT12
HYATT HOUSE5

COMPANY DETAILS

ORIGINUSA - Chicago
FOUNDED1957
LISTEDListed (NYSE)
WEBSITEwww.hyatt.group
REGIONAL HQHong Kong
CHINA HQBeijing
FOUNDERJay Pritzker
CEOMark Hoplamazian

SOFT DATA

The Hyatt boast some of the most high profile hotel sites in China, e.g. the world’s tallest hotel in the Shanghai World Financial Centre on the 79th to 93rd floors. The F&B offering is in-line with what you would expect in the opulent sites they choose. Being a market leader and not a follower is important to the hotel so innovation is always important.

ANALYSIS & PURCHASING INSIGHTS

  • Purchasing decisions come from key Decision Makers of each hotel, however selected items have a brand guideline which individual properties can follow or not depending on owners, budgets and localisation plans. So in essence the hotel can pretty much buy what it feels like buying as long as the GM approves and can justify (i.e. cost effective or optimal value/ quality). These are examples of focus points issued to local GMs from the Hyatt corporate office.
  • Increase revenue and utilisation.
  • Control costs and expenses to achieve better owner share profits.
  • Be a market leader and not a follower so innovation is always important.

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