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Hyatt acquires Dream Hotel Group, including The Chatwal

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Hyatt has announced another acquisition as it attempts to bulk up and close the gap with the other big global chains.

Recent deals included Two Roads Hospitality in 2018 and Apple Leisure Group in 2021, as well as the 2022 arrangement with German group Lindner to absorb its hotels into the Hyatt ‘system’.

Hyatt is acquiring Dream Hotel Group for an initial $125 million – a relatively low price because there are minimal physical assets involved, just management and franchise contracts.

Chatwal Lodge

Dream consists of three brands:

  • Dream Hotels
  • The Chatwal Hotels
  • Unscripted Hotels

If none of these ring a bell, it won’t be surprising. There are only 12 hotels in total and none are in Europe. Four are in New York.

The largest brand is Dream Hotels, a chain which is heavily driven by the dining and entertainment venues in the properties. All three brands will join Hyatt’s lifestyle group.

The most high profile is probably The Chatwal New York, one of the best regarded hotels in the city. It is currently part of Marriott’s Luxury Collection.

Dream also owns a small number of hotels under Hilton and Radisson brands, but these do not seem to be included in the transaction.

Whilst these hotels seem to be of a high quality, it is tricky to see how Hyatt can cope with yet more new brands. The Chatwal has just two sites and Unscripted Hotels and The Time brand have just one each. You might expect some consolidation but this would cause legal issues with the pipeline of 24 upcoming hotels.

The most intriguing part of the deal for me is the upcoming ‘Your Nature’ in Belgium. To quote:

Your Nature is a Belgian eco-friendly resort located on the French border in a 700-acre forest belonging to the Princes de Ligne.

Nestled among 700 hundred acres of preserved natural forestland which contains a river and six private lakes, Your Nature will take advantage of the land with 575 eco-lodges, multiple dining and nightlife concepts, and vast recreational facilities, including an expansive wellness center with full-service spa, Turkish bath, yoga and fitness center and multiple indoor and outdoor pools. A private airstrip with gliding classes and exclusive water ski school complete the visitor experience, which pays homage to the richness of the ecosystem.

Another interesting option is The Chatwal Lodge, pictured above:

Less than 2 hours drive, approximately 95 miles north of Manhattan, on the shores of Lake Toronto Reservoir, a serene outpost awaits: The Chatwal Lodge. Bearing The Chatwal brand’s legacy for details and set on the grounds of the historic Chapin Estate, this warm, thoughtfully designed lodge immerses guests in a rustic refined ambiance. From fly fishing to boating, fall foliage to the Bethel Woods Center for the Performing Arts, there are countless opportunities to unwind, explore and indulge.

The transaction has not yet legally completed and the hotels will take some time to join World of Hyatt. I wouldn’t expect to be able to make redemption bookings for potentially a year.

You can find out more on the Dreams Hotel Group website here.

World of Hyatt update – January 2023:

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Comments (12)

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  • Gordon says:

    We are loyal Hyatt members and we stayed at secrets Punta Cana in September which was one of the many properties in the Caribbean acquired by Hyatt under their purchase of the apple leisure group, We were evacuated to dreams Punta Cana a sister hotel after Hurricane Fiona directly struck the hotel. Dreams Punta Cana was mess (Re no investment) and we found out that it is being closed down in December for a heavy refurbishment, So Hyatt are spending further on their investment. After a few days We actually ended up at secrets royal beach which was a much better property,
    Also we are returning in June 2023 for a complementary stay re the hurricane. Thanks Hyatt 😎.

  • tony says:

    I was looking at that LX fare (or something v. similar) a few weeks back – there were some very strange married sector things going on. Would show nothing in F if you tried to book straight through from London, but add in an overnight in Zurich and it was fine. Push the connection to >24hrs and you avoided the long haul APD, too.

    Also can mix and match, so could always fly back in J. Don’t think the FC lounge will be up to much in DXB either.

    And if you want to be really out there, it will mix with the LX (or LH) codeshares on Etihad out of Abu Dhabi. They only seem to apply in J, not F, but have good availability and at least in J don’t require a 6 night stay.

    • Rob says:

      Oooh. Thanks – may be a way of cheaply reviewing the new EY seat.

      • tony says:

        Assuming you’re talking about the new seat on the A350, I think they only run the 787 fleet to ZRH, MUC & FRA.

  • RussellH says:

    Just had a look at the ‘Your Nature’ in Belgium website.
    Looks very interesting.
    Anyone else wondering where it is, is is in Antoing, just 12+ km SSE of Tournai, so a very easy drive from the channel ports.

  • John T says:

    It’s too hot to go outside in Dubai in the summer months. What is the point of going? If you’re just going to sit inside a hotel room with the airconditioner on, just do it at home?

    • Nihal says:

      There are loads of Dubai/ Qatar haters here – no point in us saying anything as the Dubai/ Qatar lovers are more numerous.

      I suggest you respect different opinions, each to their own. Actually Dubai just got voted 2nd best place in the world to live as expat, wouldn’t have been my choice but who am I to argue? (Bloomberg.)

    • TGLoyalty says:

      While I don’t disagree completely there is lots to do indoors and some people love the warm pools / weather

      Also you have air conditioning at home in the U.K. La-di-da

      • Rob says:

        Two reasons:

        1 – Dubai in Summer is a fraction of the cost of a luxury resort in Spain etc (or, another way, for the cost of a modest Spanish hotel you can get a super-luxe Dubai resort)

        2 – you can avoid the worst of the heat by judicious timing of naps, shopping trips etc and swimming / beaching early morning or late afternoon

        I wouldn’t do it myself with kids, but many people do make it work. Anyone who has ever paid peak European Summer pricing will know the attraction.

  • Bagoly says:

    “575 eco-lodges” !
    That’s huge.
    There are hotels with thousands of rooms (particularly in Vegas) , but are there others with that many individual lodges/villas?

  • Hugo says:

    The Chatwal NY is one of my favorite hotels, incredible art-deco ambiance less than a stone’s throw from Times Square really makes you feel the vibe of being right in the heart of NYC. The rooms are big (especially for NY) and the service is pretty good across the board. I do however feel that the prices have climbed a bit much these last few years (even for NYC), paid almost 50% more in US$ this year than in Jan 2020.

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