Strategic collaboration will accelerate Hyatt’s growth in China’s upper-midscale segment, bringing a new hotel experience to travelers and development opportunities for hotel owners. Strategic Agreement - Hyatt Hotels Corporation signed a master franchise agreement with Huanyue International Holdings (Hainan) Co., Ltd., a subsidiary of Dossen Group. - Dossen will exclusively develop and operate Hyatt Select hotels across mainland China. - Marks a significant expansion of Hyatt’s Essentials portfolio in the upper‑midscale segment. Hyatt Select Brand - Tailored for modern, on‑the‑go travelers seeking comfort, convenience, and consistency. - Features: - Fresh, modern design with essentials-focused guestrooms and suites. - Dedicated workspace, refreshment zone, and sitting area. - Amenities: free hot breakfast, 24/7 self-service market, fitness center, multifunctional lobby. - Integrated with the World of Hyatt loyalty program (66M+ members globally). Leadership Commentary - Stephen Ho (Hyatt, President – Greater China & Growth, Asia Pacific): Dossen’s scale and tech-driven approach make them the ideal partner to expand Hyatt Select. - Xinhua Cheng (Founder & CEO, Dossen Group): Collaboration leverages Hyatt’s global brand strength and Dossen’s local market expertise. - Owen Xing (Hyatt, Executive MD, Greater China): Hyatt Select is purpose-built to meet evolving guest expectations in China’s upper‑midscale market. - Ji Hongjun (CEO, Huanyue International Holdings): Confident in building a competitive brand that resonates with both owners and guests. Market Impact - China’s upper‑midscale hotel sector is entering a new phase with more sophisticated guest expectations. - Rising demand for internationally recognized brands offering reliable quality and affordable experiences. - Hyatt Select’s efficient operating model and flexible development pathways (new builds & conversions) aim to deliver long‑term value for owners. This collaboration positions Hyatt to accelerate growth in China’s upper‑midscale segment, while giving Dossen Group a powerful international brand to expand its already vast footprint of 3,500+ hotels across the country.
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