Hyatt Strengthens Position as Leader in Luxury, Lifestyle and Leisure in 2023 and Beyond with Record Global Pipeline

Hyatt’s transformative development continues with deliberate acquisition of Dream Lodge Group, world growth of Caption by Hyatt model and natural development of Hyatt’s world portfolio

CHICAGO — Hyatt Hotels Corporation (NYSE: H) shared as we speak that Hyatt is positioned for continued transformative development in 2023 and past with a file pipeline of roughly 117,000 rooms worldwide as of year-end 2022. Notably, almost one in 4 pipeline properties is classed as a life-style resort, representing 10 % of the prevailing base of lodges, additional strengthening Hyatt’s management place within the luxurious, life-style and leisure segments. The numerous development of those high-value properties in Hyatt’s portfolio expands the compelling visitor experiences that may additional drive World of Hyatt loyalty penetration throughout the Hyatt portfolio.

A notable driver of this development is the introduced asset-light acquisition of Dream Lodge Group’s life-style resort model and administration platform which is anticipated to deliver established life-style resort manufacturers – together with Dream Lodges, Unscripted Lodges and The Chatwal – into the Hyatt portfolio. Dream Lodge Group properties are recognized for his or her experiential hospitality together with hotspot eating places and nightlife venues constructed on strategic and unconventional programming and model collaborations, paired with signature designs that stability substance with sizzle. The acquisition will welcome greater than 600 new colleagues into the Hyatt household, bringing deep experience in experiential hospitality to Hyatt’s world portfolio of life-style choices and increasing Hyatt’s model footprint in strategic locations together with Nashville, Hollywood, Las Vegas, South Seashore, Saint Lucia, Doha and New York Metropolis. It should additionally mark the doorway of Hyatt manufacturers into markets such because the Catskills in New York and Valle de Guadalupe in Mexico.

Moreover, the Caption by Hyatt brand – which mixes the design and luxury of an upscale, lifestyle-forward resort with the flexibleness of a select-service property – is poised for important development following the profitable opening of Caption by Hyatt Beale Street Memphis in 2022. The model is anticipated to develop its presence in Tennessee with Caption by Hyatt Chattanooga in collaboration with 3H Group (anticipated for 2024) and enter California with each Caption by Hyatt Roseville in collaboration with LRE & Firms and American Hospitality Providers, Inc. and Caption by Hyatt Sacramento in collaboration with Presidio Lodge Growth LLC and 29^th Road Capital (each anticipated for 2026). The Caption by Hyatt model is increasing internationally with beforehand introduced properties anticipated to open in China and Japan in 2023, Vietnam in 2025 and Sydney within the coming years. Grounded in caring for individuals and place and creating connections between them, the Caption by Hyatt model is dedicated to hiring numerous expertise, distributors, artisans, and suppliers – and celebrating the variety of individuals within the communities through which Caption by Hyatt lodges are situated.

“By our intentional long-term development technique and by working intently with house owners, Hyatt boasts 5 years of industry-leading natural internet rooms development,” mentioned Jim Chu, government vice chairman, chief development officer, Hyatt. “House owners need to work with us due to our experience, efficiency observe file and optimum positioning within the {industry}. We now have world scale, however we’re nimble sufficient to create private relationships, draw on our personal experiences and lead with empathy.”

New Luxurious, Life-style & Leisure Properties in Outstanding Markets

Hyatt anticipates further natural development throughout its luxurious, life-style and leisure choices, bringing considerate design, revolutionary meals and beverage and personalised service across the globe.

The Park Hyatt model is about to:

– Reestablish its presence in South Africa with Park Hyatt Johannesburg in late 2023 and make its entrance to Morocco with Park Hyatt Marrakech, providing luxurious resort magnificence with Moroccan appeal.

– Return to London with Park Hyatt London River Thames and increase within the Asia Pacific area with Park Hyatt Taipei (Taiwan), Park Hyatt Kuala Lumpur (Malaysia) and Park Hyatt Phu Quoc (Vietnam) in 2024.

In 2023, the Andaz model will have fun growth into new markets with:

– Andaz Doha in Qatar, which can deliver domestically impressed design and up to date artwork to a brand new degree, providing visitors signature touchpoints and revolutionary eating retailers together with a South African signature restaurant and a Singaporean avenue meals restaurant.

– Andaz Pattaya Jomtien Beach in Thailand will ship a lush and secluded beachfront retreat offering myriad methods for visitors to attach with the native Thai tradition, from vacation spot excursions to genuine eating, wellness and household actions.

– Andaz Mexico City Condesa, which connects Mexican tradition with its conventional structure and imaginative décor, just lately opened its doorways in January.

– Andaz Macau, which can be set inside considered one of Asia’s most iconic and superior assembly and occasion locations – Galaxy Worldwide Conference Middle (GICC) – will debut as the most important Andaz resort on the earth with greater than 700 rooms and suites.

– Andaz Nanjing Hexi in Larger China, which can mix the eclectic spirit of the trendy Nanjing and the lengthy historical past of the affluent educational tradition.

Hyatt’s Boundless Assortment and Impartial Assortment, which vary from upscale to luxurious life-style manufacturers, characteristic a wholesome pipeline of anticipated openings in 2023 and 2024 together with:

– Progress of the Thompson Lodges model with two stylish city oases set to debut with Thompson Palm Springs and Thompson Houston.

– Enlargement of the Hyatt Centric model in prime locations that join visitors to the guts of the motion, together with Hyatt Centric Congress Avenue Austin, Hyatt Centric Zhongshan Park Shanghai, and Hyatt Centric Xi’an Gaoxin.

– The anticipated debut of the Vacation spot by Hyatt model in Florida with the verdant 18-hole signature golf resort Banyan Cay Resort & Golf in West Palm Seashore, in addition to in Asia Pacific with The Grand Resort in Qingchengshan, China.

– The deliberate debut of the JdV by Hyatt model in Rhode Island, with The Pell, a vibrant coastal resort situated in the midst of Aquidneck Island in Middletown, and in Goa with the anticipated opening of Ronil, set on 1.6 acres of coastal land in Baga, India.

– The anticipated opening of NUMU Boutique Hotel, a part of The Unbound Assortment by Hyatt, in San Miguel de Allende, Mexico.

Introducing All-Inclusive Premier Manufacturers Across the World

Hyatt affords one of many largest portfolios of luxurious all-inclusive resorts on the earth together with a wholesome pipeline of anticipated openings in 2023 spearheaded by development throughout Bulgaria’s fashionable Black Sea locations and the current launch of Secrets and techniques Impression Resorts & Spas, a first-of-its-kind product designed to ship the very best degree of luxurious all-inclusive service and facilities. This intimate line of boutique, adults-only havens supply unique personalised experiences, butler service and curated gastronomy designed to exceed expectations. The brand new line extension celebrated the opening of Secrets Impression Moxché Playa del Carmen in December 2022 and expects to welcome its second property, Secrets Impression Isla Mujeres later this 12 months.

Choose Service Progress in High Trip Locations Attracting Households and Leisure Vacationers

With greater than 400 Hyatt Place and almost 130 Hyatt Home properties in high journey locations throughout the globe, Hyatt’s choose service manufacturers proceed to increase their buyer base to draw leisure vacationers and households searching for enjoyable, seamless resort experiences. The Hyatt Home model just lately underwent a model refresh to have fun all journey events, lengthy and quick. Vacationers staying at Hyatt Home lodges globally could make themselves at residence, whether or not it’s a household getaway, reuniting with mates or extending a enterprise journey.

Hyatt is anticipated so as to add a formidable line-up of Hyatt Place and Hyatt Home properties globally over the approaching years together with in key rising leisure hotspots and enterprise journey locations within the U.S. and Canada, akin to Hyatt Home Traverse Metropolis (Michigan), Hyatt Home Bozeman (Montana), Hyatt Place Cape Canaveral (Florida), Hyatt Home Roseville (California), Hyatt Place Toronto – Downtown/Jarvis Road (Ontario), and Hyatt Place Mississauga – Airport Company Centre (Ontario). Moreover, in 2023 the manufacturers are anticipated to make their worldwide market entries in Guyana and Estonia.

For extra details about Hyatt lodges, please go to: www.hyatt.com.

The time period “Hyatt” is used on this launch for comfort to confer with Hyatt Lodges Company and/or a number of of its associates.

About Hyatt Lodges Company

Hyatt Lodges Company, headquartered in Chicago, is a number one world hospitality firm guided by its function – to look after individuals to allow them to be their finest. As of September 30, 2022, the Firm’s portfolio included greater than 1,200 lodges and all-inclusive properties in 72 nations throughout six continents. The Firm’s providing consists of manufacturers within the Timeless Assortment, together with Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Residence Membership®, Hyatt Place®, Hyatt Home®, and UrCove; the Boundless Assortment, together with Miraval®, Alila®, Andaz®, Thompson Lodges®, Hyatt Centric®, and Caption by Hyatt; the Impartial Assortment, together with The Unbound Assortment by Hyatt®, Vacation spot by Hyatt™, and JdV by Hyatt™; and the Inclusive Assortment, together with Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets and techniques® Resorts & Spas, Breathless Resorts & Spas®, Goals® Resorts & Spas, Vivid Lodges & Resorts®, Alua Lodges & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Firm function the World of Hyatt® loyalty program, ALG Holidays®, Limitless Trip Membership®, Amstar DMC vacation spot administration companies, and Trisept Options® expertise companies. For extra info, please go to www.hyatt.com.

Ahead-Wanting Statements

Ahead-Wanting Statements on this press launch, which aren’t historic information, are forward-looking statements inside the that means of the Personal Securities Litigation Reform Act of 1995. These embrace statements about Hyatt’s development plans, anticipated openings, pipeline, deliberate acquisition, and positioning in the luxurious, life-style and leisure segments. Our precise outcomes, efficiency or achievements could differ materially from these expressed or implied by these forward-looking statements. In some circumstances, you’ll be able to establish forward-looking statements by way of phrases akin to “could,” “may,” “count on,” “intend,” “plan,” “search,” “anticipate,” “consider,” “estimate,” “predict,” “potential,” “proceed,” “probably,” “will,” “would” and variations of those phrases and related expressions, or the unfavorable of those phrases or related expressions. Such forward-looking statements are essentially primarily based upon estimates and assumptions that, whereas thought of affordable by us and our administration, are inherently unsure. Elements which will trigger precise outcomes to vary materially from present expectations embrace, however should not restricted to, dangers related to the acquisition of Apple Leisure Group, together with profitable integration of the Apple Leisure Group enterprise; the length and severity of the COVID-19 pandemic or any further resurgence and the tempo of restoration following the pandemic or any further resurgence; the quick and long-term results of the COVID-19 pandemic, together with on the demand for journey, transient and group enterprise, and ranges of shopper confidence; the influence of actions taken by governments, companies, or people in response to the COVID-19 pandemic or any further resurgence on world and regional economies, journey limitations or bans, and financial exercise; the power of third-party house owners, franchisees, or hospitality enterprise companions to efficiently navigate the impacts of the COVID-19 pandemic or any further resurgence; common financial uncertainty in key world markets and a worsening of worldwide financial circumstances or low ranges of financial development; the speed and the tempo of financial restoration following financial downturns; world provide chain constraints and interruptions, rising prices of construction-related labor and supplies, and will increase in prices as a result of inflation or different elements that might not be totally offset by will increase in revenues in our enterprise; dangers affecting the luxurious, resort, and all-inclusive lodging segments; ranges of spending in enterprise, leisure, and group segments in addition to shopper confidence; declines in occupancy and common day by day fee; restricted visibility with respect to future bookings; lack of key personnel; home and worldwide political and geo-political circumstances, together with political or civil unrest or modifications in commerce coverage; hostilities, or worry of hostilities, together with future terrorist assaults, that have an effect on journey; travel-related accidents; pure or man-made disasters akin to earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and world outbreaks of pandemics or contagious illnesses, or worry of such outbreaks; our capability to efficiently obtain sure ranges of working earnings at lodges which have efficiency checks or ensures in favor of our third-party house owners; the influence of resort renovations and redevelopments; dangers related to our capital allocation plans, share repurchase program, and dividend funds, together with a discount in, or elimination or suspension of, repurchase exercise or dividend funds; the seasonal and cyclical nature of the true property and hospitality companies; modifications in distribution preparations, akin to by means of web journey intermediaries; modifications within the tastes and preferences of our prospects; relationships with colleagues and labor unions and modifications in labor legal guidelines; the monetary situation of, and {our relationships} with, third-party property house owners, franchisees, and hospitality enterprise companions; the doable incapability of third-party house owners, franchisees, or growth companions to entry capital essential to fund present operations or implement our plans for development; dangers related to potential acquisitions and tendencies and the introduction of recent model ideas; the timing of acquisitions and tendencies and our capability to efficiently combine accomplished acquisitions with current operations; failure to efficiently full proposed transactions (together with the failure to fulfill closing circumstances or receive required approvals); our capability to efficiently execute on our technique to increase our administration and franchising enterprise whereas on the similar time decreasing our actual property asset base inside focused timeframes and at anticipated values; declines within the worth of our actual property belongings; unexpected terminations of our administration or franchise agreements; modifications in federal, state, native, or international tax legislation; will increase in rates of interest, wages, and different working prices; international trade fee fluctuations or forex restructurings; lack of acceptance of recent manufacturers or innovation; common volatility of the capital markets and our capability to entry such markets; modifications within the aggressive atmosphere in our {industry}, together with because of the COVID-19 pandemic, {industry} consolidation, and the markets the place we function; our capability to efficiently develop the World of Hyatt loyalty program and Limitless Trip Membership paid membership program; cyber incidents and data expertise failures; outcomes of authorized or administrative proceedings; violations of rules or legal guidelines associated to our franchising enterprise; and different dangers mentioned within the Firm’s filings with the U.S. Securities and Trade Fee (“SEC”), together with our annual report on Type 10-Ok and our Quarterly Reviews on Type 10-Q, which filings can be found from the SEC. These elements should not essentially all the essential elements that might trigger our precise outcomes, efficiency or achievements to vary materially from these expressed in or implied by any of our forward-looking statements. We warning you to not place undue reliance on any forward-looking statements, that are made solely as of the date of this press launch. We undertake no obligation to replace publicly any of those forward-looking statements to replicate precise outcomes, new info or future occasions, modifications in assumptions or modifications in different elements affecting forward-looking statements, besides to the extent required by relevant legislation. If we replace a number of forward-looking statements, no inference needs to be drawn that we are going to make further updates with respect to these or different forward-looking statements.