Development
Primary
Apr 12
Hyatt just announced another mega all-inclusive in Punta Cana with 650 rooms, five pools, and a waterpark opening in 2029. But with nearly 15,000 new rooms flooding the Dominican Republic, occupancy already softening, and ADR sliding backwards, the question isn't whether they can build it... it's whether the math still works when everyone else is building the same thing.
Hyatt just announced its second Ziva resort in the Dominican Republic, a 650-key behemoth opening in 2029, managed by Hyatt and owned by someone else. The asset-light playbook is running exactly as designed, and if you're an independent resort owner in the Caribbean, you should be paying very close attention to what's about to happen to your comp set.
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