Hyatt spent $215 million, and will spend an additional $160 million expanding the Miraval Arizona and building out resorts in Massachusetts and Texas.
Rates in September and October start at $380 per room, per night, double. High season rates start at $900 per night.
Centerpiece of the refit is the transformation of the hotel's nightclub into a event space loosely inspired by the Alhambra, the 13th-century Moorish palace in Spain.
The Living Grand program was inspired by the local seasonal holidays and acts as an extension of the hotel brand to showcase its larger-than-life identity.
Groundbreaking for the complex housing the 223-room hotel is slated for third quarter 2017.
The new park at the Hyatt Regency Coconut Point Resort & Spa in Bonita Springs features a trio of three-story waterslides plunging into a heated lazy river.
The company said it would open three Hyatt Regency hotels and one Grand Hyatt by 2023.
Just steps from frenetic Fifth Avenue, the resort's enviable address puts it in the heart of the city's action. On the flip side, the resort's opposite side directly faces the turquoise Caribbean waters. It's the perfect combination of Mexico town and country.
Yolanda Cardiff worked previously as the global account executive for American Express Global Business Travel.
The World of Hyatt program replaces Hyatt Gold Passport on March 31.