Set to debut in early 2025 as part of The
Unbound Collection by Hyatt, this story-worthy hotel serves as the
second Hotel La Compañia property to open in the La Compañia Hotels
& Resorts portfolio.
Hyatt Hotels Corporation (NYSE: H) and Shebandowan Holdings,
S.A. today announced plans for Hotel La Compañía del Valle in Valle
de Anton, Panamá, slated to open in early 2025. Located
approximately 50 miles west of its sister hotel, Hotel La Compañía
in Casco Antiguo, this new thought-provoking hotel will allow
guests and World of Hyatt members to explore a new destination in
central Panamá surrounded by biodiversity, mountains, and lush
landscape. At its core, Hotel La Compañia del Valle will serve as
an art and wellness house, inclusive of a one-of-a-kind sculpture
park with art pieces around the corridors and hotel public areas
offering natural healing spa treatments and experiences.
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Hotel La Compañia del Valle Exterior
(Photo: Business Wire)
El Valle de Anton is a mountain town nestled in the crater of an
extinct volcano. The town is approximately 2,000 ft. above sea
level, so guests will enjoy crisp mountain air and temperatures,
making El Valle de Anton the perfect backdrop to hike and explore.
Hotel La Compañía del Valle will join The Unbound Collection by
Hyatt, a complementary property to Hotel La Compañía in Casco
Antiguo. Guests of Hotel La Compañía will have access to Hotel La
Compañía del Valle’s amenities including concierge services with
transportation options to choose from, making it the ideal day trip
option for a restorative retreat.
The hotel’s art and wellness house will be a one-of-a-kind
sculpture park symbolizing five elements – fire, water, earth,
metal, and wood – that features 200 distinctive pieces displayed
around the gardens and public areas. Additionally, at Elysium Spa,
guests can expect an 18,000 sq.ft. spa with Roman baths, chocolate
and wine therapy, a saltwater pool and a sundeck overlooking La
India Dormida, a mountain with a ridge that is shaped like a
sleeping woman’s body. Guests will have the opportunity to immerse
themselves in the destination with a variety of activities offered
onsite including an activity and racquet center offering hiking
tours, e-bikes, horseback riding, tennis, paddle and pickleball
courts. Some of the most sought-after mountain hikes nearby are La
India Dormida, Cerro Gaital, Cerro La Silla and Pozo Azul where you
might see sloths, night monkeys, porcupines, and Panamanian golden
frogs.
“Following the successful opening of Hotel La Compañia, we’re
taking the elevated experience to El Valle de Anton. Hotel La
Compañía del Valle further expands Hyatt’s brand presence in Panamá
in a destination that is truly a hidden gem,” said Camilo Bolaños,
senior vice president, Latin America & Caribbean, Hyatt. “We’re
thankful for the collaboration with Shebandowan Holdings, S.A. and
look forward to what the team has in store.”
“We are delighted to further strengthen our relationship with
Hyatt with the forthcoming Hotel La Compañía del Valle,” said Fidel
Reyes, Managing Director, La Compañia Hotels & Resorts. “Panamá
continues to see a strong trend in tourism and ecotourism and
following the success of Hotel La Compañia in Casco Antiguo, we’re
excited to unveil Hotel La Compañía del Valle, which will mark the
first international-branded hotel in the countryside of Panamá at
El Valle de Anton,” added Chris Lenz, CEO and Founder, La Compañía
Hotels & Resorts.
Inspired by a Tuscan retreat, Hotel La Compañía del Valle is
nestled in an extinct volcanic crater and embraces the beauty of El
Valle de Anton. Blending art, wellness, nature and organic healing
to create a sanctuary with a purpose, the hotel will offer 70
spacious rooms and suites spread across four different wings with
balconies and terraces overlooking the mountains, garden courtyard
or surrounding spaces.
Hotel La Compañía del Valle will offer three unique food and
beverage concepts rooted in FUEGO (the art of fire), TERRA (the
soul of earth), and TIEMPO (the art of travel). Each concept will
present cuisine aligning with what each restaurant symbolizes,
offering fresh and seasonal ingredients suitable for all. For those
seeking an unforgettable event, Hotel La Compañia del Valle will
offer the perfect canvas for your celebration, including three
indoor meeting spaces and the unique Plaza Auditorium to enhance
freedom of creativity.
The Unbound Collection by Hyatt brand caters to travelers
seeking an elevated yet unscripted experience across the Americas,
Europe, and Asia. Whether pursuing a romantic getaway, intimate
celebration, or the company of close friends, the hotels within The
Unbound Collection by Hyatt brand inspire moments worth collecting.
Hotel La Compañía del Valle is expected to join 39 hotels within
The Unbound Collection by Hyatt portfolio globally and be part of
La Compañia Hotels & Resorts, a luxury hospitality portfolio
known for its extraordinary collection of properties that
seamlessly blend historical charm with modern sophistication. From
the historical allure of a “living museum” with Hotel La Compañía
in Casco Antiguo, to the breathtaking landscapes and innovative
spirit of Hotel La Compañía del Valle and the elegantly restored
grandeur of Villa Ana 1928, the portfolio of hotels, part of The
Unbound Collection by Hyatt, is dedicated to providing exceptional
service and memorable experiences.
For more information, please visit
hyatt.com/en-US/hotel/panama/hotel-la-compania-del-valle/ptyuv or
follow the hotel on Instagram at @hotellacompaniaelvalle.
The term “Hyatt” is used in the release for convenience to refer
to Hyatt Hotels Corporation and/or one or more of its
affiliates.
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 September 30, 2024, the
Company's portfolio included more than 1,350 hotels and
all-inclusive properties in 79 countries across six continents. The
Company's offering includes brands in the Timeless Collection,
including Park Hyatt®, Grand Hyatt®, Hyatt
Regency®, Hyatt®, Hyatt Vacation Club®, Hyatt
Place®, Hyatt House®, Hyatt Studios, and
UrCove; the Boundless Collection, including Miraval®,
Alila®, Andaz®, Thompson Hotels®, Dream®
Hotels, Hyatt Centric®, and Caption by Hyatt®;
the Independent Collection, including The Unbound Collection by
Hyatt®, Destination by Hyatt®, and JdV by Hyatt®;
and the Inclusive Collection, including Impression by
Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry®
Wellness & Spa Resorts, Secrets® Resorts & Spas,
Breathless Resorts & Spas®, Dreams® Resorts &
Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels
& Resorts®, and Sunscape® Resorts & Spas.
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.
About The Unbound Collection by
Hyatt
More than a compilation of independent, one-of-a-kind hotels,
The Unbound Collection by Hyatt brand is a thoughtful curation of
stories worth collecting. Whether it’s a modern marvel, a historic
gem or a revitalizing retreat, each property provides
thought-provoking environments and experiences that inspire for
guests seeking elevated yet unscripted service when they travel.
For a full list of hotels in the collection, visit
unboundcollection.hyatt.com. Follow @UnboundxHyatt on Facebook and
Instagram and tag your photos with #UnboundxHyatt.
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. These
statements include statements about our plans, strategies, outlook,
occupancy, the amount by which the Company intends to reduce its
real estate asset base, the expected amount of gross proceeds from
the sale of such assets, and the anticipated timeframe for such
asset dispositions, the number of properties we expect to open in
the future, pace and booking trends, the expected timing and
payment of dividends, RevPAR trends, our expected Adjusted G&A
Expense, our expected capital expenditures, our expected net rooms
growth, our expected system-wide RevPAR, our expected one-time
integration-related expenses, financial performance, prospects or
future events and involve known and unknown risks that are
difficult to predict. As a result, 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, including
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 successfully execute
our strategy to expand our management and hotels services and
franchising business while at the same time reducing our real
estate asset base within targeted timeframes and at expected
values; 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 hotels services 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 SEC, including our annual reports on
Form 10-K and quarterly reports on Form 10-Q, which filings are
available from the SEC. All forward-looking statements attributable
to us or persons acting on our behalf are expressly qualified in
their entirety by the cautionary statements set forth above. 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 do not undertake or assume any 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241114933601/en/
Bianca Flores, bianca.flores@hyatt.com
Hyatt Hotels (NYSE:H)
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