Hyatt ® Hotels Corporation officially completed the acquisition of Standard ® International for $335 million

Written By Marina Parrish

Hyatt Hotels Corporation officially completed the acquisition of Standard International on October 1, 2024, bringing the iconic The Standard and Bunkhouse Hotels brands into its portfolio.

Deal Details & Value:

  • Total Potential Value: The deal is valued at up to $335 million.

  • Structure: Hyatt paid a base purchase price of $150 million upon closing, with up to an additional $185 million in contingent payments as more properties enter the portfolio.

  • New Entity: The acquired brands will become part of a new dedicated lifestyle group within Hyatt, led by former Standard International Executive Chairman Amar Lalvani as President and Creative Director.

Marina Parrish

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