The 351-room Hyatt Regency Savannah on Bay Street has been acquired by Certares Real Estate Management and Clearview Hotel Capital LLC. The new ownership plans guest room and guest-facing improvements.
Hyatt delayed hotel openings from late 2026 to 2027 and trimmed its 2026 net rooms growth forecast to about 6%. The company is accelerating mid-market development with new financing support.
Hyatt lowered its room-growth outlook due to delays in hotel openings in the Middle East and Mexico. Ongoing challenges and market pressures in these regions have slowed Hyatt's expansion.