The hotel, which is part of the Classics
portfolio, marks the fourth Hyatt branded property in Panama
Hyatt Hotels Corporation (NYSE:H) and Grupo Desarrollo Bahia
announced today the opening of Hyatt Regency Panama City, the first
Hyatt Regency hotel in Central America. The hotel is strategically
located in the city’s financial district, catering to business
travelers, while also serving as a welcoming gateway to explore
Panama’s rich history. With over 40 years of experience in real
estate development, Grupo Desarrollo Bahía has played a pivotal
role in shaping the Panama City skyline.
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Hyatt Regency Panama City Exterior
(Photo: Business Wire)
Guests can enjoy nearby cultural attractions and neighborhoods
like Casco Viejo, a UNESCO World Heritage Site with colonial
architecture, boutique shops, authentic cuisine and vibrant
nightlife as well as the Frank Gehry-designed Biodiversity Museum,
which celebrates the country’s ecological diversity.
“The opening of Hyatt Regency Panama City marks a key moment in
Hyatt’s global brand growth strategy, solidifying the brand’s
presence in this vibrant and rapidly developing region,” said
Richard Westell, General Manager, Hyatt Regency Panama City. “This
milestone ushers in a new era for business travelers and meeting
professionals coming from key markets, offering them the
opportunity to explore the deep cultural energy of Panama City
while enjoying flexible meetings spaces, curated food and beverage
offerings, personalized service and technology-enabled
experiences.”
Open and Welcoming Spaces
Hyatt Regency Panama City’s warm lobby draws inspiration from
the immersive city of Panama, embracing heritage with locally
crafted furniture and natural textures. Each of the hotel’s 382
guestrooms and suites exude comfort and sophistication with green
marble accents in the bathrooms and carved wood bedside tables and
wood bedframes that showcase the charm of local Panamanian
craftsmanship. For those balancing work during their stay, most
rooms include a well-appointed desk, offering a seamless space to
stay productive while traveling. Guests and World of Hyatt members
with club access guestrooms can enjoy daily complimentary
breakfast, afternoon snacks and happy hour hors d’oeuvres in a
memorable setting at the Regency Club Lounge. The hotel also offers
a 24-hour fitness center with a variety of cardio and strength
equipment and a ground level pool.
Dining Options for Every Occasion
Guests and locals alike can enjoy a variety of onsite dining
options, perfect for meeting a friend for coffee, hosting a
business dinner or indulging in an exquisite weekend brunch. With
quick bites, enhanced mixology and authentic Panamanian flavors,
Hyatt Regency Panama City caters to every occasion with four
on-site restaurants including:
- Rulfo: A sophisticated dining experience that redefines
international cuisine, the full-service lobby level restaurant
offers elevated flavors with a focus on fresh, high-quality
ingredients. Rulfo provides a breakfast buffet in the morning and
transforms into a lively cervecería (brewery) for lunch and dinner,
making it an ideal spot for both business meals and memorable
outings with friends and family.
- Amado: Amado is a modern coffee shop that embodies the
essence of comfort, warmth and connection. Serving freshly brewed
specialty coffees, teas, and light bites and pastries, Amado offers
a cozy space where guests can relax, socialize or work.
- Belisario (expected to open late 2025): Belisario is
more than just a wine bar; it’s a haven for wine enthusiasts and
connoisseurs of fine dining. Featuring a meticulously curated
selection of international and local wines paired with gourmet
tapas and small plates, this intimate venue offers a refined
ambiance and memorable tasting experience.
- Refugio (expected to open late 2025): A secret gem
waiting to be discovered, Refugio is a speakeasy bar that
transports guests to an exclusive and mysterious experience with
handcrafted cocktails, curated music and a moody atmosphere steeped
in intrigue.
Crafting Exceptional Events
The hotel is home to nearly 25,000 square feet of event space
across two towers, offering the opportunity to curate the ultimate
event – from business meetings to wedding celebrations – with the
help of experienced event experts along the way.
- Regency Ballroom: As the largest venue on-site, the
Regency Ballroom can accommodate up to 500 guests and can adjoin to
other spaces for even larger events.
- 12 Designated Meeting Rooms: The hotel’s meeting rooms
are designed for collaboration, offering customizable setups for
any type of event.
- Outdoor Event Terrace: The hotel’s expansive event
terrace provides the perfect outdoor setting for a variety of
occasions.
- Hyatt Regency Broadcast Lounge: This technology-enabled
space streams video feeds of the main event, so if guests need to
step out from the main space they can stay connected to the event’s
speakers and activities.
Hyatt Regency Panama City will join Hyatt’s existing portfolio
in Panama including Dreams Playa Bonita Panama, Hotel La Compañia
and Hotel La Compañia del Valle, part of The Unbound Collection by
Hyatt.
Be More Rewarded
Hyatt Regency Panama City is joining the World of Hyatt loyalty
program and is accepting reservations for stays from February 19,
2025, and beyond. Members can register by March 10, 2025 to earn 2X
points for qualifying stays at participating hotels, including at
Hyatt Regency Panama City, completed by March 28, 2025, with the
World of Hyatt Bonus Journey’s offer. Terms and conditions
apply, to learn more visit
https://world.hyatt.com/content/gp/en/offers/bonus-journeys.html.
Take advantage of Hyatt Regency Panama City’s Grand Opening
Offer, where guests can enjoy up to 15% off stays and an extra
5% off for World of Hyatt members, valid for stays between April 6,
2025 – June 1, 2025, when booked now through March 31, 2025. For
more information or to book a reservation, please visit
www.hyattregencypanamacity.com or follow the hotel on Instagram
@hyattregencypanama.
To learn more about the Hyatt Regency brand, please visit
https://www.hyatt.com/hyatt-regency.
The term “Hyatt” is used in this release for convenience to
refer to Hyatt Hotels Corporation and/or one or more of its
affiliates.
For further information:
About Hyatt Regency
The Hyatt Regency brand is a global collection of hotels and
resorts found in more than 230 locations in over 40 countries
around the world. The depth and breadth of this diverse portfolio,
from expansive resorts to urban city centers, is a testament to the
brand’s evolutionary spirit. For more than 50 years, the Hyatt
Regency brand has championed fresh perspectives and enriching
experiences, while its forward-thinking philosophy provides guests
with inviting spaces that bring people together and foster a spirit
of community. As a hospitality original, Hyatt Regency hotels and
resorts are founded on openness—our colleagues consistently serve
with open minds and open hearts to deliver unforgettable
celebrations, effortless relaxation and notable culinary
experiences alongside expert meetings and technology-enabled
collaboration. The brand prides itself on an everlasting reputation
for insightful care—one that welcomes all people across all
countries and cultures, generation after generation. For more
information, please visit hyattregency.com. Follow @HyattRegency on
Facebook, Twitter and Instagram, and tag photos with
#HyattRegency.
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, 2024, the
Company's portfolio included more than 1,400 hotels and
all-inclusive properties in 79 countries across six continents. The
Company's offering includes brands in the Luxury Portfolio,
including Park Hyatt®, Alila®, Miraval®,
Impression by Secrets, and The Unbound Collection by
Hyatt®; the Lifestyle Portfolio, including Andaz®,
Thompson Hotels®, The Standard®, Dream®
Hotels, The StandardX, Breathless Resorts &
Spas®, JdV by Hyatt®, Bunkhouse® Hotels,
and Me and All Hotels; the Inclusive Collection, including
Zoëtry® Wellness & Spa Resorts, Hyatt
Ziva®, Hyatt Zilara®, Secrets® Resorts &
Spas, Dreams® Resorts & Spas, Hyatt Vivid
Hotels & Resorts, Sunscape® Resorts &
Spas, and Alua Hotels & Resorts®; the Classics
Portfolio, including Grand Hyatt®, Hyatt Regency®,
Destination by Hyatt®, Hyatt Centric®, Hyatt
Vacation Club®, and Hyatt®; and the Essentials
Portfolio, including Caption by Hyatt®, Hyatt Place®,
Hyatt House®, Hyatt Studios, and UrCove.
Subsidiaries of the Company operate the World of Hyatt® loyalty
program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation
Club®, Amstar® DMC destination management services, and Trisept
Solutions® technology services. For more information, please visit
www.hyatt.com.
Forward-Looking Statements
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, general economic uncertainty in key global markets and a
worsening of global economic conditions or low levels of economic
growth; the rate and pace of economic recovery following economic
downturns; global supply chain constraints and interruptions,
rising costs of construction-related labor and materials, and
increases in costs due to inflation or other factors that may not
be fully offset by increases in revenues in our business; risks
affecting the luxury, resort, and all-inclusive lodging segments;
levels of spending in business, leisure, and group 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
geopolitical conditions and 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, weather and climate-related events,
such as earthquakes, tsunamis, tornadoes, hurricanes, droughts,
floods, wildfires, oil spills, nuclear incidents, and global
outbreaks of pandemics or contagious diseases, 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 owners, franchisees, and
hospitality venture partners; the possible inability of third-party
owners, franchisees, or development partners to access the capital
necessary to fund current operations or implement our plans for
growth; risks associated with potential 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
maintain effective internal control over financial reporting and
disclosure controls and procedures; declines in the value of our
real estate assets; unforeseen terminations of our management and
hotel services agreements or franchise agreements; changes in
federal, state, local, or foreign tax law; increases in interest
rates, wages, and other operating costs; foreign exchange rate
fluctuations or currency restructurings; risks associated with the
introduction of new brand concepts, including 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, industry consolidation, and the
markets where we operate; our ability to successfully grow the
World of Hyatt loyalty program and Unlimited Vacation Club paid
membership program; cyber incidents and information technology
failures; outcomes of legal or administrative proceedings; and
violations of regulations or laws related to our franchising
business and licensing businesses and our international operations;
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20250219129437/en/
Media Contact: Bianca Flores Hyatt
Bianca.flores@hyatt.com
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