Park Hyatt is gearing up for major growth in Mexico, with three luxury properties set to debut within a short span. Among them is the highly anticipated Park Hyatt Mexico City, which is finally moving forward after years of delays. The project now appears to be back on track.
What to Know About the Upcoming Park Hyatt Mexico City
Back in 2017, Hyatt announced ambitious plans for the Park Hyatt Mexico City Hotel & Residences. At the time, the target opening was early 2021. Like many large-scale developments, that deadline slipped well past its mark.
Fast forward to today: construction is advancing steadily, and the hotel is now slated to open in 2026. A dedicated webpage for the property has gone live—a strong indicator that the project is firmly in motion. The development will include 155 luxury guest rooms and 23 branded residences. Its prime location on the prestigious Campos Elíseos Street places it directly across from Chapultepec Park and adjacent to the Hyatt Regency Mexico City.
That proximity to another Hyatt property raises strategic questions, but it also solidifies the area as a key Hyatt stronghold. So far, renderings show a sleek, contemporary design. Confirmed features include at least two upscale restaurants, a resort-style outdoor pool, and a full-service luxury spa.
Development Progress and Partnership
The Park Hyatt Mexico City is being developed in collaboration with SOMA Group, a firm known for high-end real estate projects in Latin America. In a November 2024 update, SOMA shared photos and details showing meaningful construction progress. Unlike projects where an opening date feels aspirational, this one seems grounded in reality.
All signs point to a legitimate 2026 opening, assuming no major setbacks. This isn’t just a speculative announcement—the building is already well underway, not just breaking ground.
How Park Hyatt Fits into Mexico City’s Luxury Hotel Market
Until now, Mexico has had zero Park Hyatt locations. That changes soon. By 2026, the country will feature three Park Hyatt properties: Los Cabos (expected in late 2025), Cancun (targeted for 2026), and this flagship Mexico City location.
Mexico City’s hotel market is fiercely competitive, with a wide range of luxury accommodations. However, many premium hotels aren’t tied to major loyalty programs. For example, while Marriott offers both a Ritz-Carlton and St. Regis, Hyatt and Hilton have lacked true top-tier brands in the city.
Currently, the Andaz Mexico City Condesa is Hyatt’s most high-end offering in the capital, but it’s more lifestyle-driven than true luxury. The Park Hyatt Mexico City will change that, finally giving World of Hyatt members a genuine five-star option with elite-tier amenities.
From a loyalty and service perspective, this hotel could become the top choice for travelers seeking a luxury points hotel in Mexico City. The Ritz-Carlton, while impressive, isn’t known for generous elite perks—a gap Park Hyatt could capitalize on.
Final Thoughts
The Park Hyatt Mexico City is firmly on track to open in 2026, and it promises to be a standout addition to the city’s luxury hotel lineup. With 155 rooms, high-end dining, and prime real estate across from Chapultepec Park, it has all the elements of a flagship property.
TheMilesAcademy will continue tracking progress and will share updates as soon as reservations go live or an official opening date is confirmed. Stay tuned for more on what could be the most exciting new luxury hotel in Mexico City for points travelers.
Best Credit Cards to Earn Points for Park Hyatt Mexico City
Booking a stay at Park Hyatt Mexico City using points is one of the smartest ways to get luxury for less. Since World of Hyatt is a transfer partner of both American Express Membership Rewards and Chase Ultimate Rewards, you can start building your points now with these top-rated cards:
Amex Business Platinum Card®
Ideal for business owners who want to earn Membership Rewards points fast. This card offers premium travel perks, airport lounge access, and strong earning on airfare and large expenses.
Chase Sapphire Preferred® Card
One of the most popular personal travel cards for a reason. It earns valuable Ultimate Rewards points, which you can transfer to Hyatt, and offers excellent value on travel and dining.
These cards give you flexibility and high redemption value, making them perfect tools for booking your future stay at Park Hyatt with points.