Hyatt Hotels Corporation has announced that Apple Leisure Group President & CEO Alejandro Reynal has decided to pursue opportunities outside of Apple Leisure Group, following a tenure of three years with the company, which was acquired by Hyatt in November 2021. His last day with Hyatt will be September 30, 2022.
Following Reynal’s departure, Mark Hoplamazian, president and chief executive officer, Hyatt will assume leadership of Apple Leisure Group effective October 1, 2022. To support him, Ray Snisky, group president ALG Vacations, will take on additional responsibilities related to the business coordination and other operational matters, effective October 1.
“I am filled with deep gratitude and respect for Alejandro’s leadership throughout the acquisition and our strong first year as one company,” said Hoplamazian. “With expertise and passion, Alejandro has led the ALG team to a position of strength and ensured ALG’s business became a thriving part of Hyatt. We have learned a lot from each other, and I personally thank Alejandro for his partnership and friendship, which will endure. Moving ahead, I look forward to collaborating even more closely with each member of the ALG executive committee as we continue our growth journey together.”
Reynal said, “I am immensely proud of what we have built with the ALG leadership team and our colleagues around the world. We have moved through the toughest time in our industry and come out of it stronger than ever. Working with Mark has been an honor—I am thankful to him and his leadership team for how ALG was welcomed into the Hyatt family and impressed by how our team has embraced the opportunities this next chapter brings. I firmly believe in the power of this combination and am very confident in a bright future ahead for both ALG and Hyatt.”
Hyatt Hotels had completed the acquisition of ALG from affiliates of each of KKR and KSL Capital Partners, LLC., last year.
Through the addition of ALG’s AMR Collection brand portfolio—which comprises approximately 100 hotels and resorts in 10 countries, as well as a pipeline of 24 executed deals in the Americas and Europe—Hyatt has doubled its global resorts footprint. As a result, Hyatt now offers one of the largest collections of luxury all-inclusive resorts in the world, including new destinations for the company, such as Acapulco, Curaçao, the Canary Islands, Menorca and St. Martin. Through this acquisition, Hyatt has added properties in 11 new European markets and expanded its European brand footprint by 60 percent, strengthening Hyatt’s growth potential in what it says is a critical region for global leisure travel demand.
In addition, Hyatt is offering even more options and experiences for its high-end guest and customer base and has enhanced the end-to-end leisure travel experience through:
- Unlimited Vacation Club by AMR Collection, an exclusive membership club whose members enjoy preferred rates and other benefits at participating AMR Collection properties
- ALG Vacations, one of the largest packaged vacation providers and leisure travel distribution platforms in North America serving the United States, Mexico and the Caribbean
- Amstar, a destination services management company and
- Trisept Solutions, a leisure travel technology platform
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