Apple Leisure CEO steps down

Apple Leisure Group CEO Alejandro Reynal is to leave after three years in the role to pursue opportunities outside of the business, parent company Hyatt has announced

Reynal is due to leave the business at the end of September and Hyatt CEO Mark Hoplamazian will assume leadership of the company from October 1.

To support him, Ray Snisky, group president ALG Vacations, will take on additional responsibilities related to the business coordination and other operational matters at the same time.

Hyatt completed a deal to buy Apple Leisure for $2.7 billion in November 2021.

What they said

Mark Hoplamazian, Hyatt CEO: “I am filled with deep gratitude and respect for Alejandro’s leadership throughout the acquisition and our strong first year as one company. With expertise and passion, Alejandro has led the ALG team to a position of strength and ensured ALG’s business became a thriving part of Hyatt. We have learned a lot from each other, and I personally thank Alejandro for his partnership and friendship, which will endure. Moving ahead, I look forward to collaborating even more closely with each member of the ALG executive committee as we continue our growth journey together.”

Alejandro Reynal said: “I am immensely proud of what we have built with the ALG leadership team and our colleagues around the world. We have moved through the toughest time in our industry and come out of it stronger than ever. Working with Mark has been an honor – I am thankful to him and his leadership team for how ALG was welcomed into the Hyatt family and impressed by how our team has embraced the opportunities this next chapter brings. I firmly believe in the power of this combination and am very confident in a bright future ahead for both ALG and Hyatt.”