A Hyatt affiliate and Banyan Cay Development (BCD) have reached a franchise agreement for Banyan Cay Resort & Golf.

A Destination Hotel, Banyan Cay Resort & Golf will mark the first Destination Hotels property in Florida, US.

Slated to launch towards the end of next year, Banyan Cay Resort & Golf will also be the first full-service Hyatt-branded property in Palm Beach County.

Located near West Palm Beach International Airport, this 150-room will feature 5,000ft2 spa and fitness centre, tennis pavilion, swimming pools.

It will also feature three food and beverage venues, including signature restaurants and golf clubhouse dining.

Additionally, it will include 10,000ft2 planned indoor meeting and events spaces that will allow guests to host private functions, conferences, and gatherings.

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Banyan Cay Resort & Golf will also provide 22 private resort villas with services including daily housekeeping, room service, private kitchens and spacious living and dining areas.

Hyatt Americas development senior vice-president David Tarr said: “At Hyatt, we prioritise thoughtful growth in locations that matter most to our guests, World of Hyatt members and customers, and we are excited to introduce Hyatt’s high-quality and distinct experiences to West Palm Beach.

“We look forward to collaborating with Banyan Cay Development to expand the Destination Hotels brand footprint and provide travellers with a unique, upscale resort option.”

Banyan Cay Resort & Golf currently houses a 130-acre Jack Nicklaus signature golf course and clubhouse.

Last month, a Hyatt affiliate signed a franchise agreement with First Hotel Reisen to open the first Hyatt property in Sweden.