Last updated: 11:35 AM ET, Tue April 9, 2024
WHY IT RATES: Antonio Fungairino previously served as vice president of development for Hyatt’s Inclusive Collection. —Janeen Christoff, TravelPulse Managing Editor
Hyatt Hotels Corporation announced the appointment of Antonio Fungairino as head of Inclusive Collection development for the Latin America & Caribbean (LAC) region. Fungairino, who previously served as the vice president of development for Hyatt’s Inclusive Collection, reports to Camilo Bolaños, Hyatt’s senior vice president of development for the LAC region. In his new role, Fungairino leads the development strategy for the Inclusive Collection’s 10 distinctive resort brands, strengthening Hyatt’s brand presence throughout the region.
This appointment further bolsters Hyatt’s regional efforts after recently announcing the newly created LAC regional division. Fungairino’s leadership and dedicated focus will help reinforce Hyatt’s strong pipeline and growth strategy, which is experiencing extraordinary demand from the leisure segment.
“Throughout his tenure, Antonio has been fundamental to the Inclusive Collection’s growth strategy, supporting our trajectory and leadership position as the world’s largest portfolio of luxury all-inclusive resorts,” said Bolaños. "His in-depth knowledge of all-inclusive resort development is invaluable as we look to continue intentionally expanding our portfolio across Latin America and the Caribbean, one of Hyatt’s fastest growing regions. We are grateful to count on Antonio’s leadership in the region and congratulate him on this well-deserved promotion.”
With a bachelor’s degree from University of Surrey in the United Kingdom and a master’s degree in hospitality management from Cornell University, Fungairino’s career began nearly 30 years ago at InterContinental Hotels & Resorts and Four Seasons Hotels and Resorts where he grew his experience in hotel operations over a span of 10 years. After this, he spent 13 years in asset management with Everest Holdings in Scottsdale, Arizona and Mullen Real Estate in Newtown Square, Pennsylvania where the portfolio of resorts was valued at over $1 billion dollars. These experiences allowed him to truly understand the needs of owners and strategically drive results from the assets. In 2014, Fungairino began a dual role of asset management and development at Apple Leisure Group where he played a pivotal role in growing the portfolio of resorts year after year, which eventually drove the largest portfolio of luxury all-inclusive properties in world.
Hyatt’s Inclusive Collection pipeline across the LAC region remains strong with continued thoughtful expansion in new and noteworthy destinations. Notable all-inclusive openings expected in 2024 include:
Family-friendly, all-inclusive resorts: Dreams Estrella del Mar Mazatlán Golf & Spa Resort, Dreams Grand Island, and Dreams Playa Esmeralda Adults-only, all-inclusive resorts: Secrets Playa Esmeralda, Secrets St. Lucia Resort & Spa, Breathless Puerto Vallarta Resort & Spa, and Hyatt Vivid Grand Island With a global distribution network and award-winning World of Hyatt loyalty program, which has nearly quadrupled in the number of World of Hyatt members the past five years to over 40 million members today, Hyatt continues to offer scale without saturation across its portfolio of brands.
SOURCE: Hyatt Hotels Corporation
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