Originally Posted by
joachimm
Why do you say this? Seems pretty early to call it a successful acquisition; is this pure conjecture, or has there been any public information about this?
Sharing the following from Mark Hoplamazian on a call about Hyatt’s Q2 results:
Our expansion, of course, includes Mr & Mrs Smith, which realized significant engagement from our members actually added over 700 properties to World of Hyatt in April.
80% of these properties have received bookings from World of Hyatt members since going live with nearly two-thirds of those bookings for paid reservations as opposed to the redemption of points. Our most active members are Globalists have been very engaged with Mr and Mrs Smith accounting for over 20% of the bookings.
By end of this year. We expect to have over 1,000 Mr and Mrs Smith properties available through World of Hyatt, offering our members even more opportunities to earn and redeem points in these uniquely curated hotels.
The way I read it, they’re pretty happy with the engagement so far.
khabah