Skip to main content

Hyatt to purchase noted lifestyle company Standard International

Hyatt will acquire Standard International, enhancing its lifestyle offerings

By Mark Reif Aug 22, 2024 6:33 AM

The Standard in London — The Standard London Standard Hotels

To secure its leadership in lifestyle hospitality, Hyatt will acquire Standard International. The purchase includes the Bunkhouse Hotel and The Standard brands, continuing Hyatt’s growth in the lifestyle space. The transaction closes later this year, costing $150 million upfront, with an additional $185 million as more properties join the portfolio.

Standard International brings lifestyle properties around the world

The Standard, High Line, New York City — The Standard, High Line, New York City Standard Hotels

Hyatt will create a New York City-based lifestyle group as part of the purchase. Led by Standard International’s Executive Chairman, Amar Lalvani, the group will combine teams from Standard International and Hyatt, continuing the latter’s drive toward a brand and experience-focused company. Once closed, the transaction will include 21 hotels with around 2,000 rooms, allowing World of Hyatt members to enjoy numerous loyalty perks.

Recommended Videos

The deal includes properties like The Standard, London; The Standard, Bangkok Mahanakhon; The Standard, High Line in New York City; Hotel San Cristóbal in Baja California, Mexico; and Hotel Saint Cecilia in Austin, Texas.

Mark Hoplamazian, President and Chief Executive Officer, Hyatt, said: ““The team behind Standard International has created a unique and award-winning portfolio of brands and properties that turn the status quo on its head and have attracted a loyal following among the most discerning lifestyle guests for the past 25 years.”

“These properties truly drive the zeitgeist, creating destinations unto themselves with celebrated and talked-about programming and events, such as the Met Gala afterparty. We are thrilled to welcome Standard International’s properties and team to the Hyatt family with the newly created lifestyle group and draw on their brilliance, creativity, culture and innovation.”

Amar Lalvani added: “We waited a long time to find the right company with whom to join forces. “In choosing Hyatt, we tap into a powerful global infrastructure and loyal guest base. I am very proud that our team has delivered on the potential we saw with The Standard and Bunkhouse Hotels and am honored that Hyatt appreciates how special our brands, properties, and – most importantly – our people are.”

“We have a shared vision for the enormous potential that still lies ahead. I would be remiss not to express my gratitude to Hyatt for taking this bold step forward and to Sansiri who has been instrumental in supporting our efforts.”

Mark Reif is a storyteller focused on the intersection of outdoor culture, travel, and design. From the peaks of Banff to the… Read Full Bio

Cafe Charmant, The Corner Store Crew’s Latest, Puts Food Ahead of the Scene

Clothing, Long Sleeve, Sleeve

I’ll be honest. If I weren’t a writer, there is no way in hell I could have landed a 7:15 Saturday night reservation at Cafe Charmant just a mere four weeks after its opening. The most recent jewel in the buzzy Catch Hospitality Group’s crown, the glitzy eatery is the newest IT restaurant to hit the downtown scene, so chalk it up to one of the perks of the job that I could walk in, order a drink, and be ushered to a corner table for two in under 10 minutes.

Though the state of making prime reservations in New York City may not come as a surprise to many, I’m still not able to reconcile with the current velvet rope of so many of this city’s restaurants. Sure, the 90s and early 2000’s had their Indochine, Moomba (if you remember that one, we need to grab a drink). The Waverly Inn, but for the most part, you could easily make a reservation or even walk in and wait for a table with a cocktail in hand at most popular establishments. And, let’s be honest, half the people weren’t even eating, if you know what I mean.

A tasting guide to Livermore Valley, California’s friendliest wine country

Adult, Male, Man

Livermore Valley sits in Northern California’s East Bay, where the hustle and bustle of neighboring Oakland and San Francisco give way to grassy rolling hills, big open skies, and over 40 tasting rooms. The region is home to some of the best wines I’ve tasted in the state, without the pretense and rigidity I’ve come to expect from other tasting rooms in the region.

And thanks to the valley’s marine-influenced winds, varied climate, and diverse soils, I tasted an unusually broad range of wines. Crisp whites, structured reds, and everything in between seem to be able to find their footing here.

High Society, Low Alcohol: A Trip to the Hamptons with Heineken 0.0

Ball, Sport, Tennis

After a multi-year bender of back-to-back press trips, I decided to swear off travel this past summer. The old dog was tired, and I desperately wanted to reconnect with old friends, visit family, and continue wooing a lovely lady in New York. Oh, and I needed to find time to actually write the stories I had promised publicists in exchange for gallivanting around the globe on their dime. I am, after all, a professional.

As summer raced by, my inbox swelled with tantalizing invitations. I turned them down one after the next with Spartan fortitude. A junket to the Loire Valley to review wineries? Thank you for considering me, but for the next few weeks, I’m committed to rekindling my relationship with my bed. A sailboat cruise on the Amalfi Coast? I hear it’s beautiful this time of year, but sadly, I’m in the weeds bingeing Landman.