by Donald Wood
Last updated: 12:00 PM ET, Thu September 28, 2023
Hyatt Hotels Corporation announced plans for a new
short-term vacation rental platform, Homes & Hideaways by World of Hyatt,
that will feature private homes and remote hideaways in the United States.
Through the new rental platform, which is expected to launch
in the coming weeks, World of Hyatt members will have direct booking access to
a unique collection of short-term private home rentals, while still earning and
redeeming loyalty points.
The Homes & Hideaways by World of Hyatt platform will
focus on the premium vacation rentals segment and allow members to access
residential rental accommodations across the U.S. in key travel destinations
like Hawaii, Colorado, and more.
Hyatt also plans to grow the short-term vacation rental platform
globally.
“We are committed to evolving access to the type of
accommodations World of Hyatt members are seeking that go beyond our hotels –
from a large family who travels together or guests looking to work from
anywhere for an extended period of time,” Hyatt senior vice president Amy Weinberg
said.
“Homes & Hideaways by World of Hyatt brings a unique
collection of curated homes which increases Hyatt's home offerings and expands
new ways and new places where we can extend care to members,” Weinberg
continued.
Hyatt will work with several companies to purchase and
operate the existing vacation rental management business currently branded as Destination
Residences Management. Homes & Hideaways by World of Hyatt will eventually
list key properties for direct booking.
The short-term rentals will include beachfront escapes,
mountainside ski chalets, expansive villas, country chateaus, cozy cottages,
modern townhouses, apartments, flats, penthouses and much more.
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