Hyatt Announces Timing of Fourth Quarter 2014 Earnings Release and Investor Conference Call
January 16, 2015
Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release fourth quarter 2014 financial results on Wednesday, February 18, 2015 , before the stock market opens, followed by a conference call at 10:30 a.m. CT . All interested persons may listen to a simultaneous webcast of the conference call, which may be accessed through the Company’s website at www.hyatt.com and selecting the Investor Relations link located at the bottom of the page, or by dialing 647.788.4901, passcode #62845475, approximately 10 minutes before the scheduled start time. For those unable to listen to the live broadcast, a replay will be available from 1:00 p.m. CT on February 18, 2015 through February 19, 2015 at midnight by dialing 404.537.3406, passcode #62845475. Additionally, an archive of the webcast will be available on the Company’s website for approximately 90 days. About Hyatt Hotels Corporation Hyatt Hotels Corporation, headquartered in Chicago, is a leading global...
Hyatt House Salt Lake City/Downtown Celebrates Official Opening
January 15, 2015
159-room Hyatt House hotel located in downtown Salt Lake City, Utah Hyatt Hotels Corporation in conjunction with Alex. Brown Realty, Inc. (ABR), PEG Development, Blue Diamond Capital, and Lodging Dynamics Hospitality Group, today announce the opening of Hyatt House Salt Lake City/Downtown. Situated in the heart of downtown Salt Lake City , Hyatt Place Salt Lake City/Downtown offers the conveniences of hotel living with the comforts of home. The hotel is located steps away from Salt Palace Convention Center and Energy Solutions Arena , home of the Utah Jazz basketball team. Guests are also a short walk or free TRAX ride from all of Salt Lake City’s major attractions, including the Salt Lake LDS Temple , City Creek Shopping Center , Genealogy Library , Leonardo Museum , Clark Planetarium, Capitol Theater , Rose Wagner Theater , and Discovery Gateway Children’s Museum. Delight in the amenities of Salt Lake’s major metropolitan area and enjoy nine ski resorts within an hour drive. Easy...
Hyatt Announces Sales of Five Select Service Hotels
January 14, 2015
Hyatt Hotels Corporation (NYSE: H) today announced the sales of five select service hotels for a total gross sale price of approximately $53 million . The transactions closed in December 2014 . As part of the sales, Hyatt entered into franchise agreements with the purchasers, with all hotels retaining their existing Hyatt Place branding. The purchasers intend to spend a total of approximately $6 million in additional capital expenditures at the hotels. These sales are consistent with the Hyatt’s asset recycling strategy – selling selected hotels, maintaining brand presence by entering into new management or franchise agreements with the purchasers, and re-investing sales proceeds into new hotels and other growth opportunities. The five hotels are located throughout Texas , North Carolina and South Carolina . NewcrestImage purchased two hotels in Texas , and BPR Properties purchased three hotels in North Carolina and South Carolina . Hyatt Place Dallas/ Plano (127 rooms): The hotel is...