Development Pipeline Scheduled for 2022

Banyan Cay Resort & Golf, A Destination By Hyatt

HotelAVE To Oversee Opening of New Banyan Cay Resort & Golf, A Destination By Hyatt hotel in West Palm Beach

HotelAVE has been appointed asset manager of Banyan Cay Resort & Golf, the highly anticipated 250-acre resort and golf course located in West Palm Beach that will become the first Destination by Hyatt hotel in Florida and the first full-service Hyatt property in Palm Beach County. Working in tandem with the property's ownership groups, Banyan Cay Resort & Golf, LLC, and Banyan Cay Investments, as well as its management firm, BENCHMARK®, a global hospitality company, hotelAVE will oversee the development project that is slated to open in early 2022. Once open, Banyan Cay will be the largest redevelopment project in West Palm Beach in two decades.

Banyan Cay Resort & Golf, A Destination By Hyatt ......

Photo by Hyatt

Centrally located in West Palm Beach, Banyan Cay Resort & Golf is set near world-class shopping and dining in Palm Beach, as well as sought after sports venues, water activities, and more. The resort will feature 150 oversized guest rooms and suites, 22 three-bedroom villas, two on-site restaurants, a lush spa inspired by West Indies rituals, as well as flexible event space for social functions and corporate events. Guests will have access to myriad amenities including resort-style swimming pools, six tennis courts, and four pickleball courts. The crown jewel for golfers is Jack Nicklaus' 300th Signature course featuring 18-holes surrounded by West Palm Beach's natural beauty.

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The Destination by Hyatt brand is a diverse collection of independent hotels, resorts and residences that are individual at heart yet connected by a commitment to embody the true spirit of each location. Ranging from upper-upscale to luxury, each property is purposefully crafted to be a place of immersive discoveries, authentic design, and warm and welcoming service.

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2024, the Company’s portfolio included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt...

Pyramid Global Hospitality was formed by the 2021 merger of three hotel and resort management companies, creating the most owner-focused, experiential company in the industry and establishing a position as a best workplace. The organization’s global portfolio spans more than 240 properties across the U.S., Caribbean and Europe. It maintains offices in Boston; The Woodlands, Texas; Cincinnati; and London.