Hyatt Hotels Corporation (NYSE: H) announced today plans for Grand Hyatt Cancún Beach Resort, a new-build resort in Quintana Roo, Mexico in collaboration with ownership group Diestra Realty, S.A. de C.V. Anticipated to open in 2024 in time for the summer season, the 500-room luxury Grand Hyatt hotel will mark another milestone in Hyatt's ambitious brand growth strategy in Latin America to meet growing leisure travel demand.Situated in the eastern part of the Yucatan Peninsula with expansive views overlooking the Caribbean Sea and nearby Isla Mujeres, Grand Hyatt Cancún Beach Resort will be a captivating destination, featuring 500 guestrooms, of which 28 guestrooms feature their own plunge pool, and 46 are luxury suites, including one Presidential Suite; 11 dining concepts that will feature world-class chefs and iconic dishes reflective of the destination; six bars, including a lobby lounge bar, pool bar, and beach shack; an indoor and outdoor destination spa area and fitness center to connect guests with their physical and mental wellbeing; three swimming pools; and more than 16,000 square feet of dynamic, state-of-the-art gathering spaces designed to accommodate events of any size and kind. Additional offerings and amenities will include a kids club, activity center, business center and retail shops.