Hyatt completed the acquisition of Mr & Mrs Smith for £53m.

Hyatt, a multinational hospitality company, completed the acquisition of Mr & Mrs Smith, a platform offering direct booking, for £53m. “We are excited by this acquisition and to explore bringing guests and World of Hyatt members even more global luxury offerings across hundreds of geographies – including over 20 countries where there are currently no Hyatt hotels such as Fiji, Croatia, Iceland and Anguilla. Founders Tamara and James Lohan alongside their impressive team have built the ultimate global direct booking collection of truly unique stay experiences including rooms located in treehouses, within caves, and underwater suites. Importantly, we see a lot of synergy between our collective ethos of care, and we look forward to working together to bring our shared focus to new, memorable stay experiences for guests and World of Hyatt members – and introduce new guests to Hyatt hotels around the world,” Mark Vondrasek, Hyatt Chief Commercial Officer.