CHICAGO (August 11, 2021) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Regency JFK Airport at Resorts World New York. Hyatt Regency JFK Airport at Resorts World New York celebrated its opening with a ribbon cutting in Queens, NY, featuring executives from Genting, which owns the hotel and casino, and Hyatt, as well as local elected officials and community leaders.
Hyatt Regency JFK Airport at Resorts World New York is an eight-story, four-star hotel, featuring 400 residential-inspired guestrooms and premium suites with energizing design and insightful in-room technology. The hotel also features new restaurants, a fitness center, state-of-the-art conference and meeting spaces, retail options, and additional gaming areas. The centerpiece of the property is a soaring grand lobby, perfectly suited for art exhibits, events and musical performances, that connects the hotel with Resorts World New York City (RWNY), which opened in 2011.
The hotel features 400 guestrooms including 275 king rooms, 91 double rooms and 34 suites. The variety of accommodations is ideal for business and leisure travelers alike thanks to an incredibly convenient location near JFK Airport. The oversized suites are designed to make guests feel at home with kitchenettes and separate living spaces. Many of the chic guestrooms offer floor-to-ceiling windows looking out to the city’s skyline.
The property offers 6,600 slots and electronic table games. Resorts World New York City, features three unique levels of gaming, Times Square Casino, Fifth Avenue Casino and Central Park Casino, along with several high-limit rooms for Platinum and Black Card members.
The $400 million hotel and amenities investment has long been part of Genting’s vision of bringing an integrated resort, popular in global destinations such as Las Vegas and Singapore, to New York City. The integrated resort seamlessly features a variety of non-gaming amenities to complement the most innovative gaming products and entertainment offerings, allowing guests of all interests and budgets an experience that fits their personal tastes.
Meetings and Events
Beyond redefining the hotel experience for leisure guests, the new hotel applies a high-touch experience for meetings and events, with 5,000 square feet of total function space and state-of-the-art meeting facilities all backed by a dedicated team offering meeting planners a seamless, confident service, for themselves and attendees. The rooms are designed to host a range of events including corporate meetings, art exhibits and community programs. Including RWNY, the property will now have more than 64,000 square feet of event space.
Sugar Factory, the world-renowned café and confectionary shop, is open for breakfast, lunch and dinner. Its signature menu items include decadent milkshakes and old-fashioned sundaes. Guests can also enjoy additional food and beverage options including a convenient Grab n’ Go. Regency club guests can enjoy daily continental breakfast and evening hors d’oeuvres and light snacks at this exclusive club.
Conveniently located minutes away from JFK Airport, the hotel is easily accessible by the A Train, Q37 bus, and LIRR to Jamaica Station with pick-up from a free casino shuttle.
The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
About Resorts World New York City
Resorts World New York City (RWNYC) is the only casino in New York City, offering more than 8 million guests annually an unparalleled gaming and entertainment experience while generating over $3 billion for the State’s education system since opening in 2011. RWNYC is operated by the Genting Group, a global company founded in 1965, operating destination resorts in Malaysia, Singapore, the Philippines, the United Kingdom, the Bahamas, the United States and all four oceans through its Star Cruises, Dream Cruises and Crystal Cruises brands. Genting has more than 50 years of experience in the travel and leisure industry and collectively employs approximately 60,000 people while offering an unparalleled resort experience to over 50 million visitors a year worldwide.
About Hyatt Regency
The Hyatt Regency brand prides itself on making travel free from stress and filled with success. More than 200 conveniently located Hyatt Regency urban and resort locations in more than 30 countries around the world serve as the go-to gathering space for every occasion – from efficient personalized, high-touch business meetings to energizing family vacations. The brand offers stress-free environments for seamless gatherings and empathetic service that anticipates guests’ needs. Designed for productivity and peace of mind, Hyatt Regency hotels and resorts offer a full range of services and amenities, including the space to work, engage or relax; notable culinary experiences; technology-enabled ways to collaborate; and expert meeting and event planners who can take care of every detail. For more information, please visit hyattregency.com. Follow @HyattRegency on Facebook, Twitter and Instagram, and tag photos with #HyattRegency.
Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the duration of the COVID-19 pandemic and its short and longer-term effects, including the demand for travel, transient and group business, and levels of consumer confidence, and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution of COVID-19 vaccines and wide acceptance by the general population of such vaccines; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, such as the COVID-19 pandemic, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions, and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.