Hilton Hotel, the luxury hotel chain owned by the Hyatt brand, is expected to raise prices at its hotels by 25%, citing higher hotel costs for new technology.
The company said the increases will come from its new hotel suite technology that allows guests to stay more comfortably in rooms and more conveniently for their daily routines.
The hotel chain plans to increase prices by $50 for a standard suite and $125 for a high-end suite by 2023, and by $200 for a suite that doubles as a kitchen.
Hyatt said the price increase will come on top of a $1,000 increase for each of the suite’s two rooms, a $5 increase for a third suite and a $20 increase for the suite for each guest.
The Hilton Hotel in Atlanta will be one of the few hotels that is able to take advantage of the hotel suite industry’s massive growth, according to the hotel chain.
“The combination of hotel technology and a new suite technology at Hilton will allow the company to provide a more cost-effective and more efficient hotel experience,” said Hilton Hotel CEO Doug Fetterman in a statement.
Hyatts suite technology is based on the Hilton H2, which offers room-level technology that lets guests stay at a suite, including a kitchen and bath, for an additional fee.
The new suite also provides room-size Wi-Fi, but the company said it will require a charge for it, and that the $1 charge will only apply to the first two nights.
The new suite, which is expected for release in 2019, will also include new technology that will allow guests to share rooms.
It also includes the option to lock and unlock the suite.
Hilton said that the suite, once fully developed, will provide an “all-inclusive package” that includes an amenity suite, a private bathroom, a full bar, two kitchens and three separate laundry rooms.
Hyathes new suite is not available in select areas.
Hypert said that as the hotel market continues to grow, it will focus on increasing the suite technology and increasing its suite experience.
The Hyatt Hotel has a large presence in the Atlanta metro area, with more than 2,300 properties across the region.
It has locations in Atlanta, Savannah, Atlanta, Myrtle Beach, South Carolina, Florida and North Carolina.
