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NYSE: H

71.03 Common Stock | 20 minute delay +0.60 +0.85% Volume: 1,011,429 November 16, 2018 04:02 PM VIEW

Press Releases

Hyatt Place Macaé Officially Opens Its Doors in the State of Rio de Janeiro

03/13/2018

The 141-room upscale, select service hotel is the first ocean-front Hyatt Place hotel in Latin America

CHICAGO--(BUSINESS WIRE)-- Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Place Macaé, a smartly designed, high-tech and contemporary hotel in the Brazilian state of Rio de Janeiro. Hyatt Place Macaé is the first ocean-front Hyatt Place hotel in Latin America and the second Hyatt Place hotel in Brazil, joining Hyatt Place São José do Rio Preto, which opened in November 2016. The hotel is part of a larger master development agreement between Hyatt affiliates and Elandis to develop a total of nine Hyatt Place hotels across Brazil.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180313006148/en/

Ocean View Standard King at Hyatt Place Macaé (Photo: Business Wire)

Ocean View Standard King at Hyatt Place Macaé (Photo: Business Wire)

“We’re delighted to expand the Hyatt Place brand into Macaé and are sure that both business and leisure travelers will appreciate the innovative service concept and modern design offered by Hyatt Place Macaé,” said Luciano Julio, regional director of operations in Latin America, Hyatt Place and Hyatt House. “This opening will mark the fourth Hyatt property in the country and the Hyatt Place brand’s second hotel in Brazil, which strengthens Hyatt’s position in both primary and secondary cities within the country.”

The Hyatt Place brand is rooted in extensive consumer insights indicating that guests seek stylish, comfortable, seamless experiences that accommodate guests’ lifestyles and familiar routines. Centrally located in the Cavaleiros neighborhood, Hyatt Place Macaé offers casual hospitality and purposeful service featuring:

  • 141 spacious rooms, fit with a Cozy Corner and sofa-sleeper. The rooms also include the signature Hyatt Grand Bed, luxury bath toiletries and hi-tech amenities, including a 43” flat screen TV, to guarantee the optimum comfort for guests. Ocean View rooms offer an idyllic coastal scene to the Atlantic Ocean
  • Free Wi-Fi throughout the hotel and guestrooms
  • 24/7 Gallery Market, offering perfectly packed grab-and-go items, ranging from freshly prepared snacks and sandwiches to salads and pastries
  • Coffee to Cocktails Bar, which serves a variety of specialty hot beverages as well as premium beers, wines and cocktails
  • Rooftop Pool from where to admire sweeping ocean views
  • 24/7 Gym featuring Life Fitness machines, free weights and exercise balls for those who want to keep up their workout regimes
  • 24/7 Business Center with remote printing to cater to guests with demanding schedules
  • Meeting Spaces offer more than 148 square meters of flexible meeting and event space

Elandis led the design, planning and construction of the property with Hyatt employing more than 40 associates to manage and operate the hotel.

“We are excited to see this hotel becoming a reality under our joint venture with Hyatt and looking forward to see Macaé grow as a business and leisure tourism destination,” said Alexandros Kallantzis, Head of Brazil, Elandis. “We are proud of having successfully delivered the project on schedule and on budget.”

Located 110 miles northeast of Rio de Janeiro, Macaé is known as the “National Petroleum Capital” of Brazil and maintains a robust offshore oil industry that brings executives from around the country and globe to the city for business purposes. The city also recently received an ‘A’ rating by Brazil’s Minister of Tourism (MTur), placing it amongst the top-rated cities for tourism in the country. The thoughtful service offered at Hyatt Place Macaé will provide both business and leisure travelers with an optimal choice while visiting the city.

Hyatt is currently represented in Brazil by two full-service luxury hotels Grand Hyatt São Paulo (466 rooms), Grand Hyatt Rio de Janeiro (436 rooms) and now by two select service hotels, including Hyatt Place São José do Rio Preto (152 rooms) and Hyatt Place Macaé (141 rooms).

For more information, please visit www.hyattplacemacae.com.

The term “Hyatt” is used in the release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Place

Hyatt Place, a brand of Hyatt Hotels Corporation, combines style, innovation and 24/7 convenience to create a seamless stay with modern comforts. There are more than 300 Hyatt Place locations in Australia, Armenia, Brazil, Canada, Chile, China, Costa Rica, Honduras, India, Mexico, Morocco, Nicaragua, Panama, Puerto Rico, Thailand, The Netherlands, United Arab Emirates, United Kingdom, and the United States. For more information, please visit hyattplace.com. Join the conversation on Facebook and Instagram, and tag photos with #HyattPlace and #WhySettle.

About Elandis

Elandis (www.elandis.com) is an international hospitality and real estate ownership, development and property management company owned by the Libra Group (www.libra.com). Elandis, with offices in Miami, São Paulo, Buenos Aires, Panama City and Madrid, focuses on the multi-family residential, commercial and hospitality sectors.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 14 premier brands. As of December 31, 2017, the Company's portfolio included more than 700 properties in more than 50 countries across six continents. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to attract and retain top colleagues, build relationships with guests and create value for shareholders. The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences, vacation ownership properties, and fitness and spa locations, including under the Park Hyatt®, Miraval®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®, The Unbound Collection by Hyatt®, Hyatt Place®, Hyatt House®, Hyatt Ziva, Hyatt Zilara, Hyatt Residence Club® and exhale® brand names. For more information about Hyatt Hotels Corporation, please visit www.hyatt.com.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause our actual results, performance or achievements to differ materially from current expectations include, among others, the rate and pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; the financial condition of, and our relationships with, third-party property owners, franchisees and hospitality venture partners; the possible inability of third-party owners, franchisees or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; changes in the competitive environment in our industry, including as a result of industry consolidation, and the markets where we operate; general volatility of the capital markets and our ability to access such markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the U.S. Securities and Exchange Commission. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Source: Hyatt Hotels Corporation

Hyatt

Siân Rylander

1 312 780 5797

sian.rylander@hyatt.com

or

Hyatt – Latin America and Caribbean

Carla Santiago

1 617 233 2622

carla.santiago@hyatt.com