Increase Its Presence In The Vacation

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The Brands Allowed Hyatt To Significantly  Resort Segment Especially In The European Market Where It Previously Had A Limited Presence. Before Being Acquired By Hyatt Alg Had Moved Its Hotel Division To Europe In Late 2018 By Taking A Majority Stake In Alua Hotels Resorts. Since Then Alg Carried Out An Accelerated Expansion Plan That Included The Incorporation Of 30 New Hotels And More Than 7000 Rooms In Spanish Holiday Destinations Throughout 2020 And The First Half Of 2021 Through Agreements With Local And Specialized Operators. International Investors. This Expansion Plan Allowed The Alua Brand Also.

Acquired By Hyatt To Grow And Also Allowed Bank User Number Data The Arrival Of Other Alg Brands Present In The Caribbean To Europe Such As Secrets Dreams And Zetry. The Acquisition Of Alg Has Placed Hyatt Among The Five Largest Hotel Groups Present In Spain Along With The Also American Marriott. In Addition To This Acquisition Hyatt Has Also Taken Several Steps Forward In The Spanish Market With Its Own Hotel Brands Including Hyatt Centric Hyatt Regency The Unbound Collection Destination And Thompson. 6. The Structure Of The Spanish Hotel Market Remains Without Major Changes Despite Hyatts Rapid Entry Into The Spanish Hotel Market The Countrys Main Hotel Groups Remain Unchanged . Structure Of The Hotel Sector In 2022 Meli Hotels Continues To Be The Leader In.



The Sector Followed By Barcel And Eurostars . Meli Has Launched A New Line Called Affiliated By Meli Which Is Aimed At Independent Hotels Or Small And Mediumsized Groups In Order To Respect Their Particular Characteristics. This Line Includes Some Of Melis Own Hotels And Currently Has 15 Affiliated Spanish Hotels Ranking As The Groups Third Brand In Volume. It Has Also Launched The Meli Collection For The Luxury Segment And Has Introduced A New Brand Called Urea Under The Eurostars Hotel Group Brand. Hiperion Hotel Group Changed Its Brand And Commercial Name In October.