In a significant development that’s set to widen the landscape of vacation ownership opportunities in Orlando, Florida, there are strong indications that a new Hyatt timeshare property could be making its way to the World Gateway area near Walt Disney World. This news comes as a part of the evolving narrative around the expansion plans of Marriott Vacations Worldwide in the region.
In this article, we’ll uncover the location, site plans, and artist renderings of the resort, as well as explain what signs are pointing toward the property carrying the Hyatt Vacation Club moniker. Let’s dive in!
Gateway Vista Project
Marriott Vacations Worldwide, a conglomerate renowned for its diverse portfolio of vacation properties, including the Marriott Vacation Club, Westin, Hyatt, Sheraton, Grand Residences, St. Regis, and Ritz Carlton, had submitted plans for a timeshare community within the sprawling World Gateway are of Orlando, Florida.
The documents filed with Orange County in August of 2023 show approval for a comprehensive mixed-use development plan. This project is set to feature 4,680 hotel rooms, 864 timeshare units, and 2,385 multifamily units.
The documents detailed an 11-acre development that is being called Gateway Vista, the main subject of this article, that is slated to feature amenities such as three pools as well as picturesque lake houses.
Additionally, the development will include 240,000 square feet designated for retail spaces, 171,530 square feet allocated for office spaces, alongside dining options comprising a 20,000 square foot sit-down restaurant and a 5,000 square foot fast-food outlet. An 18-hole golf course is also part of the approved plans for this expansive project.
Evidence Pointing to a Hyatt-Branded Resort
The Gateway Vista project, initially earmarked as a Marriott-branded timeshare, could see a pivot towards becoming incorporated as a Hyatt Vacation Club property instead. This shifts the focus from what was previously understood about the development plans.
In a recent twist that underscores the dynamic nature of the vacation ownership market, John Geller, CEO of Marriott Vacations Worldwide provided some interesting insights can could be related to this project. Speaking at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 14th, John Geller shed light on the strategic considerations shaping Marriott Vacations Worldwide’s approach to new developments.
Addressing Hyatt’s plans for more presence in pivotal sales markets, Geller remarked on Orlando’s potential, highlighting that while a new Marriott-branded resort might not be coming, the possibility of establishing a Hyatt property was very much on the table. He alluded to the attractive sales prospects such a venture could bring, with estimates suggesting annual sales could reach the $40 to $50 million mark upon securing the necessary inventory.
A Great Destination for Hyatt Vacation Club
If John Geller’s remarks come to fruition, this marks a significant moment for the vacation ownership industry in Orlando, indicating a strategic pivot towards Hyatt Vacation Club properties in response to market demands and sales potential. The Gateway Vista project, being positioned near the gates of Walt Disney World, represents a prime location for such an ambitious undertaking.
Its proximity to major attractions and other Marriott Vacation Club resorts such as Marriott’s Royal Palms, Marriott’s Sabal Palms, and Marriott’s Imperial Palm Villas positions this proposed development as a potentially lucrative addition. If the Gateway Vista resort brings the addition of a new sales center, there’s an opportunity to streamline the timeshare sales process for guests staying at Sabal, Royal, Imperial Palms, and Orlando World Center Marriott Hotel.
No Official Word From Marriott Vacations Worldwide
While representatives from Marriott Vacations Worldwide have yet to comment on these developments, the timeshare industry and online forums are buzzing with anticipation about the possible emergence of a Hyatt-branded timeshare property within the World Gateway area. This move could significantly enhance the array of vacation ownership options available to Hyatt owners and future buyers, offering even more access to one of the world’s most visited destinations.
Stay Tuned for Future Updates
Orlando’s status as a premier vacation hot spot is well-documented, and the addition of a Hyatt Vacation Club property would serve to further cement that brand’s appeal to travelers seeking premium timeshare options.
This upcoming resort development promises much more interesting news in the coming months. Be sure to stay tuned to the A Timeshare Broker blog for all the latest developments from this development project as well as the timeshare industry at large.
