Nestled on the picturesque 1,200-acre
spring-fed lake, Okhissa Lake Lodge will provide a nature-inspired
retreat that will capture the essence of outdoor and recreational
living
Hyatt Hotels Corporation (NYSE: H) and the Scenic Rivers
Development Alliance today announced the planned debut of Okhissa
Lake Lodge as the first Destination by Hyatt brand hotel in
Mississippi. Expected to open in 2027 on Okhissa Lake in Franklin
County, the hotel will invite guests to experience 190,000 acres of
the Homochitto National Forest in Mississippi through one-of-a-kind
outdoor programming, amenities, as well as dynamic culinary
offerings.
Nestled in southwest Mississippi near Jackson, Okhissa Lake
Lodge will provide a 200-room lodge including cabin suites, a
1,000-person conference center, swimming pool with hot tub,
relaxing spa, restaurants, as well as a boardwalk overlooking the
marina.
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. Each property is purposefully crafted to be a place
of immersive discoveries, authentic design, and warm and welcoming
service. As an honored host, each Destination by Hyatt property
connects guests to both people and place—offering a sense of
belonging that invites all to make our destination yours.
“We’re looking forward to creating a strong relationship with
Scenic Rivers as we introduce the Destination by Hyatt brand to
Mississippi and expand our brand presence in exciting new locations
that are important to our guests and World of Hyatt members,” said
Rika Lisslo, vice president, development – Americas, Hyatt.
“Ohkisssa Lake Lodge will embody the spirit of the Destination by
Hyatt brand by incorporating nature-inspired elements that reflect
the outdoor and recreational lifestyle of Franklin County, offering
travelers a fresh and captivating destination experience.”
“Supporting this project has been a top priority of mine since
entering the Senate and I am thrilled that we are one step closer
to seeing this project come to fruition. Okhissa Lake Lodge will
provide well-paying jobs and economic development to Southwest
Mississippi, and allow more people to experience our state’s
exceptional hospitality.” U.S. Senator Cindy Hyde-Smith
(R-Miss.)
"Scenic Rivers is delighted to welcome Hyatt to the Scenic
Rivers Region of Southwest Mississippi. Over the past several
years, we have developed a strong relationship with the Hyatt team
as this project has progressed, and their commitment has been
exceptional. We are eager to showcase the Okhissa Lake Lodge,
operated by Hyatt, to a global audience in the near future. This
milestone would not have been possible without the unwavering
support of our state and federal representatives, as well as local
officials. Together, we share a unified vision for advancing rural
economic development across counties and cities in Southwest
Mississippi." Joseph Parker, Executive Director Scenic Rivers
Development Alliance
“The Scenic Rivers Development Alliance (SRDA) has formed strong
regional bonds. Hyatt is a perfect fit for the strong regional SRDA
brand in Southwest Mississippi. The Hyatt flag on this lodge and
conference center will make this part of Mississippi a must stay
and visit place.” Lane B. Reed, Mayor of Meadville, Mississippi
“Southwest Mississippi has been blessed with an abundance in
relation to outdoor recreation and opportunities. The Hyatt brand
and strength will serve to open the door to the Scenic Rivers
Region of Southwest Mississippi,” said Patrick W. Larkin, President
of the Franklin County, Mississippi Board of Supervisors.
“The Board of Aldermen and I are thrilled with the announcement
of Hyatt as the operator of the Lodge and Conference Center,” said
Linda Green, Mayor of Bude, Mississippi.
To learn more information about the Destination by Hyatt brand,
please visit:
https://www.hyatt.com/en-US/brands/destination-by-hyatt.
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 Hyatt Hotels
Corporation
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 September 30, 2024, the
Company's portfolio included more than 1,350 hotels and
all-inclusive properties in 79 countries across six continents. The
Company's offering includes brands in the Luxury Portfolio,
including Park Hyatt®, Alila®, Miraval®,
Impression by Secrets, and The Unbound Collection by
Hyatt®; the Lifestyle Portfolio, including Andaz®,
Thompson Hotels®, The Standard®, Dream®
Hotels, The StandardX, Breathless Resorts &
Spas®, JdV by Hyatt®, Bunkhouse® Hotels,
and Me and All Hotels; the Inclusive Collection, including
Zoëtry® Wellness & Spa Resorts, Hyatt
Ziva®, Hyatt Zilara®, Secrets® Resorts &
Spas, Dreams® Resorts & Spas, Hyatt Vivid
Hotels & Resorts, Sunscape® Resorts &
Spas, and Alua Hotels & Resorts®; the Classics
Portfolio, including Grand Hyatt®, Hyatt Regency®,
Destination by Hyatt®, Hyatt Centric®, Hyatt
Vacation Club®, and Hyatt®; and the Essentials
Portfolio, including Caption by Hyatt®, Hyatt Place®,
Hyatt House®, Hyatt Studios, and UrCove.
Subsidiaries of the Company operate the World of Hyatt® loyalty
program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation
Club®, Amstar DMC destination management services, and Trisept
Solutions® technology services. For more information, please visit
www.hyatt.com.
About Destination by
Hyatt
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. As an honored
host, each Destination by Hyatt location connects guests to both
people and place—offering a sense of belonging that invites all to
make our destination yours. For more information, visit
destinationbyhyatt.com. Follow the Destination by Hyatt brand on
Instagram: @destinationhotels, Twitter: @Destination, and Facebook:
Destination Hotels.
Forward-Looking Statements
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.
These statements include statements about Hyatt’s and involve known
and unknown risks that are difficult to predict. 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, general economic uncertainty in
key global markets and a worsening of global economic conditions or
low levels of economic growth; the rate and pace of economic
recovery following economic downturns; global supply chain
constraints and interruptions, rising costs of construction-related
labor and materials, and increases in costs due to inflation or
other factors that may not be fully offset by increases in revenues
in our business; risks affecting the luxury, resort, and
all-inclusive lodging segments; levels of spending in business,
leisure, and group 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 geopolitical conditions and
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, weather and climate-related events, such as earthquakes,
tsunamis, tornadoes, hurricanes, droughts, floods, wildfires, oil
spills, nuclear incidents, and global outbreaks of pandemics or
contagious diseases, 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 owners, franchisees, and hospitality venture partners;
the possible inability of third-party owners, franchisees, or
development partners to access the capital necessary to fund
current operations or implement our plans for growth; risks
associated with potential 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 maintain effective
internal control over financial reporting and disclosure controls
and procedures; declines in the value of our real estate assets;
unforeseen terminations of our management and hotel services
agreements or franchise agreements; changes in federal, state,
local, or foreign tax law; increases in interest rates, wages, and
other operating costs; foreign exchange rate fluctuations or
currency restructurings; risks associated with the introduction of
new brand concepts, including 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, industry consolidation, and the
markets where we operate; our ability to successfully grow the
World of Hyatt loyalty program and Unlimited Vacation Club paid
membership program; cyber incidents and information technology
failures; outcomes of legal or administrative proceedings; and
violations of regulations or laws related to our franchising
business and licensing businesses and our international operations;
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20250128376796/en/
Media Contact: Emily Mekstan Emily.mekstan@hyatt.com
Hyatt Hotels (NYSE:H)
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