CHICAGO--(BUSINESS WIRE)--
Hyatt
Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate
has entered into a franchise agreement with PHR Okinawa Hotel Management
Ltd., a subsidiary of Ken Corporation, Ltd., for a Hyatt Regency hotel
in Naha, Okinawa. Expected to open in late 2015, Hyatt Regency Naha,
Okinawa will mark the first Hyatt-branded hotel on the island of
Okinawa, Japan.
Expected to open in late 2015, Hyatt Regency Naha, Okinawa will feature 294 guestrooms and will be within walking distance to Kokusai-dori, Naha's main tourism and entertainment district. (Photo: Business Wire)
“We are delighted to bring the Hyatt Regency brand to Okinawa, and are
honored to further strengthen our relationship with Ken Corporation
Ltd., owner of Hyatt Regency Guam, a company with deep development and
management experience,” said Ratnesh Verma, senior vice president, real
estate and development, Asia Pacific, Hyatt. “The Hyatt Regency brand is
designed to keep people connected and energized, and we feel this hotel
will be a perfect fit for the city of Okinawa and the travelers that we
know will visit this destination. Japan continues to see a rise in
inbound tourism, and we look forward to welcoming guests to Hyatt
Regency Naha, Okinawa.”
Located in Naha, the political, economic and education center of
Okinawa, Hyatt Regency Naha, Okinawa will feature 294 guestrooms, four
food and beverage outlets, meeting space, a fitness center, and an
outdoor swimming pool. The hotel will be within walking distance to
Kokusai-dori, the city’s main tourism and entertainment district. With
Naha International Airport less than three miles away, Hyatt Regency
Naha, Okinawa will provide easy access and convenience for business and
leisure travelers.
The term “Hyatt” is used in this release for convenience to refer to
Hyatt Hotels Corporation and/or one or more of its affiliates.
About Hyatt Regency
The Hyatt Regency brand is an energizing hotel brand that connects
travelers to whom and what matter most to them. More than 150
conveniently located Hyatt Regency urban and resort locations in over 30
countries around the world serve as the go-to gathering space for every
occasion – from efficient business meetings to memorable family
vacations. The brand offers a one-stop experience that puts everything
guests need right at their fingertips. Hyatt Regency hotels and resorts
offer a full range of services and amenities, including notable culinary
experiences; technology-enabled ways to collaborate; the space to work,
engage or relax; and expert planners who take care of every detail. For
more information, visit www.hyattregency.com.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a proud heritage of making guests feel more
than welcome. Thousands of members of the Hyatt family strive to make a
difference in the lives of the guests they encounter every day by
providing authentic hospitality. The Company’s subsidiaries develop,
own, operate, manage, franchise, license or provide services to hotels,
resorts, branded residences and vacation ownership properties,
including under the Hyatt®, Park Hyatt®, Andaz®, Grand
Hyatt®, Hyatt Regency®, Hyatt Place®, Hyatt House®,
Hyatt Zilara™, Hyatt Ziva™, Hyatt Residences® and Hyatt
Residence Club® brand names and have locations on six
continents. As of September 30, 2014, the Company's worldwide portfolio
consisted of 573 properties in 48 countries. For more information,
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 actual results 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; if our
third-party owners, franchisees or development partners are unable to
access the capital necessary to fund current operations or implement our
plans for growth; changes in the competitive environment in our industry
and the markets where we operate; our ability to access the capital
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 SEC. We caution you not
to place undue reliance on any forward-looking statements, which are
made 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 laws. 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20141208006608/en/
Source: Hyatt Hotels Corporation