Market Overview

Hyatt Place San Pedro Sula Celebrates Official Opening

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138-room select service hotel becomes second Hyatt-branded hotel in
Honduras

Hyatt
Hotels Corporation
(NYSE:H) announced today that Hyatt
Place San Pedro Sula
is officially open, marking the second
Hyatt-branded hotel in Honduras and fifth Hyatt Place hotel in Central
America. The new hotel features the Hyatt Place brand's intuitive
design, casual atmosphere and practical amenities for multi-tasking
travelers, such as free Wi-Fi and 24-hour food offerings. The hotel is
owned by Latam Hotel Corporation, which currently owns six hotels and
convention centers in its growing portfolio, and operated by GHL, a
Colombian based group with 70 hotels owned or under management in Latin
America.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180731005877/en/

Hyatt Place San Pedro Sula Queen Room (Photo: Business Wire)

Hyatt Place San Pedro Sula Queen Room (Photo: Business Wire)

"As the Hyatt Place brand continues to grow in Latin America and the
Caribbean, we are excited to add to the momentum by welcoming the second
Hyatt Place hotel to Honduras," said Luciano Julio, regional vice
president of operations, Hyatt Place and Hyatt House. "Hyatt Place San
Pedro Sula offers stylish social spaces and spacious guestrooms with
separate work and sleep areas, which our multitasking guests will enjoy
to accomplish what they need to do while visiting Honduras' most
important industrial city."

Hyatt Place San Pedro Sula is conveniently located on Circunvalacion
Avenue, a safe and vibrant section of Honduras second largest city, as
part of Agora Mall offering boundless dining, retail and entertainment
activities to discover within. The hotel is situated approximately 30
minutes from Ramón Villeda Morales International Airport, also known as
La Mesa International Airport, and provides direct airport transfers
upon request.

"We are very proud of the new Hyatt Place in San Pedro Sula," stated
Fernando Paiz, president of Latam Hotel Corp. "Our hotel is designed to
cater to the business traveler's needs with a modern design that
celebrates the dynamism of this important manufacturing hub,
strategically located in the Agora Mall, a boutique shopping center in
the heart of the city."

Hyatt Place San Pedro Sula offers:

  • 138 spacious guestrooms with separate spaces to sleep, work and
    play, as well as a Cozy Corner sofa-sleeper and 46" HDTV
  • Gallery Kitchen Breakfast is available to guests daily in the
    Gallery Kitchen featuring hot and cold breakfast items, including
    delicious Honduran delights
  • 24/7 Gallery Menu & Market serving freshly
    prepared meals anytime, day or night and perfectly packaged sandwiches
    and salads
  • Coffee to Cocktails Bar featuring specialty coffees and premium
    beers, as well as wines and cocktails
  • Odds & Ends program for forgotten items that guests can
    buy, borrow or enjoy for free
  • Meetings Spaces offer more than 4,000 square feet of flexible,
    high-tech meeting/function space
  • 24-hour StayFit™ Gym featuring cardio equipment and free
    weights to keep your workout routine
  • Outdoor Pool to soak up the sun and take a dip in our stunning
    terrace swimming pool with great views of the Sierra del Merendon

Hyatt Place guests arriving in San Pedro Sula, the industrial capital of
the country, will find a myriad of restaurant and entertainment venues,
as well as a variety of different activities, including water parks,
golf courses and the historic cathedral just a few miles away from the
hotel. Additionally, just a few hours drive from San Pedro Sula is
Copan, one of the most important Mayan sites of the Classic period.

For more information, please visit hyattplacesanpedrosula.com.

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 305 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 LATAM HOTEL CORPORATION

Latam Hotel Corporation is a company focused on the development of
mix-used properties by building and operating real estate developments
and select-service hotels under the Hyatt Place brand and Hyatt Centric
brand. Recently, the corporation introduced Latam Hotel as its own brand.

ABOUT GHL

GHL is a leading hotel operator and developer based in Colombia with
more than 52 years of experience in the tourism market. It operates over
70 hotels in 13 countries in Latin America with their own brands and
international franchises such as Sheraton, Hyatt Place, Hyatt Centric,
Four Points by Sheraton, Sonesta, Howard Johnson, GHL Collections, GHL
Style, and Hilton Garden Inn, among others.

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 March
31, 2018, 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, please visit www.hyatt.com.

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