NYSE: H

58.97 $ +0.04 +0.07% Volume: 186,755 November 25, 2014 04:02 PM Common Stock | 20 minute delay VIEW

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Hyatt Announces Plans for a Park Hyatt Hotel in Auckland November 21, 2014
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Fu Wah New Zealand for a Park Hyatt hotel in Auckland, New Zealand . Expected to open in 2017, Park Hyatt Auckland will mark Hyatt’s return to New Zealand , and the first Park Hyatt -branded hotel to open in Auckland . Expected to open in 2017, Park Hyatt Auckland will be nestled in a prime waterfront location on Auckland Harbour. (Graphic: Business Wire) “This has been an exciting year for the Park Hyatt brand, and we are honored to collaborate with Fu Wah New Zealand on this landmark luxury development,” said Ratnesh Verma , senior vice president, real estate and development, Asia Pacific , Hyatt. “Fu Wah New Zealand believes in the Park Hyatt brand, having recently purchased Park Hyatt Melbourne , and we are confident Park Hyatt Auckland will provide guests with the luxurious accommodations, culinary expertise and high-quality service for which the Park Hyatt brand...
Hyatt Announces Closing of 38 Select Service Hotel Portfolio November 13, 2014
Hyatt Hotels Corporation (NYSE: H) today announced that its affiliates have closed on the previously announced sale of 38 hotels to a company organized by Lone Star Funds (the “Purchaser”). The portfolio of 38 hotels (the “Hyatt Portfolio”) consists of Hyatt Place and Hyatt House hotels totaling 4,950 rooms. As part of the sale, Hyatt has entered into franchise agreements with the Purchaser, with all hotels retaining their existing Hyatt Place and Hyatt House branding. The total proceeds from the sale of the Hyatt Portfolio, which is comprised of the hotels listed below, were approximately $590 million. The Purchaser intends to spend approximately $50 million in additional capital expenditures across the Hyatt Portfolio over the next 24 months. Property City State Rooms Hyatt House Boston/Burlington Burlington MA 150 Hyatt House Branchburg Branchburg NJ 139 Hyatt House Sterling/Dulles Airport-North Sterling VA 162 Hyatt House Fishkill/Poughkeepsie Fishkill NY 135 Hyatt House...
Hyatt Place Ciudad del Carmen Opens in Mexico November 12, 2014
Hyatt Hotels Corporation (NYSE: H) and Grupo Eco today announced the opening of Hyatt Place Ciudad del Carmen in Campeche, Mexico . Hyatt Place Ciudad del Carmen is the third Hyatt Place hotel to open in Mexico , and marks the continuation of Hyatt’s growth strategy in the country. “We are delighted with the opening of the third Hyatt Place hotel in Mexico with Hyatt Place Ciudad del Carmen,” said Myles McGourty , senior vice president, Latin America and Caribbean for Hyatt. “The Hyatt Place brand has been well received in Mexico and in other parts of the region by travelers seeking its quality and unique offerings. Campeche is such a dynamic center of business, and we believe the hotel will bring a new standard to the area, providing a perfect mix of style, service and amenities that will exceed guest expectations.” The Hyatt Place brand is rapidly growing throughout Latin America and the Caribbean . Hyatt Place is currently represented in San Jose , Costa Rica ; Santiago , Chile ;...
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