Market Overview

Hyatt Announces Plans for Second Hyatt House Hotel in Frankfurt, Germany

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Hyatt House Frankfurt/City Goetheplatz will be part of the inner city
development FOUR Frankfurt and will mark the second Hyatt House hotel in
the Frankfurt area

Hyatt
Hotels Corporation
(NYSE:H) announced today that a Hyatt affiliate
has entered into a franchise agreement with HR Group for a Hyatt House
hotel in Frankfurt, Germany. The hotel will be integrated into FOUR
Frankfurt, a large mixed use development in the center of the city by
Groß & Partner, that will be comprised of four towers and will include
residential and office facilities, as well as retail spaces and hotels.
Expected to open in 2020, Hyatt House Frankfurt/City Goetheplatz will
mark the second Hyatt
House
hotel in Frankfurt, joining Hyatt
House Frankfurt/Eschborn
.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180828005760/en/

Hyatt House Frankfurt/City Goetheplatz will be part of the inner city development FOUR Frankfurt (ph ...

Hyatt House Frankfurt/City Goetheplatz will be part of the inner city development FOUR Frankfurt (photo credit: Hyatt)

The Hyatt
House
brand is rooted in extensive consumer insights indicating that
guests seek stylish, comfortable, seamless experiences that accommodate
their lifestyles and familiar routines. To embody this, the brand offers
casual hospitality and purposeful service in a smartly designed,
high-tech and contemporary environment.

"As the second Hyatt House hotel in the Frankfurt area, the opening of
Hyatt House Frankfurt/City Goetheplatz will be an important addition to
our select service portfolio in Germany," said Guido
Fredrich
, Hyatt's regional vice president development, Europe and
North Africa. "We continue to grow the Hyatt House brand thoughtfully in
key markets around the world. We strongly believe in a growing demand
for the extended stay market in Frankfurt, which makes Hyatt House
Frankfurt/City Goetheplatz a great addition to the city's overall hotel
offerings."

Ruslan Husry, owner and managing director of HR Group, added, "Hyatt
House Frankfurt/City Goetheplatz will be our second franchise agreement
with Hyatt following Hyatt House Frankfurt/Eschborn – we are delighted
to collaborate with Hyatt again and we strongly believe the new Hyatt
House hotel in Frankfurt's city center will provide a new hotel
experience for travelers visiting Europe's financial capital."

"The Hyatt House brand is designed to offer guests a home away from
home. The combination of its extended stay accommodations and ideal
location in central Frankfurt will cater to families, as well as leisure
and business travelers," said Nikolaus Bieber, managing partner of G & P
Grundstücksentwicklungs GmbH & Co.

Hyatt House Frankfurt/City Goetheplatz will offer:

  • 180 guestrooms, including 86-residentially inspired upscale
    rooms, both one-bedroom suites and studio king guestrooms, that will
    feature fully-equipped kitchens, comfortable living rooms and spacious
    bedrooms, as well as 94 upscale den guestrooms that will feature a
    seating area with a couch
  • Free Wi-Fi throughout the hotel and guestrooms
  • The Commons, a comfortable lounge with an open and welcoming
    space for guests to relax, gather and socialize
  • 24/7 H Market to meet the everyday needs of guests, from snacks
    and sundries
  • A 24-hour Workout Room to keep fitness routines going
  • Gathering zones with flexible meeting cubes, audiovisual
    equipment and a dedicated House Host to ensure events are productive
    and seamless
  • Borrows Menu with often-forgotten items from phone charges to
    razors
  • A Very Important Resident (VIR) program, including
    complimentary grocery shopping, and other personalized perks, for
    guests with 30 plus consecutive nights

There are seven Hyatt-branded hotels currently open in Germany,
including Hyatt
House Düsseldorf/Andreas Quarter
, Hyatt
Regency Düsseldorf
, Hyatt
Place Frankfurt Airport
, Park
Hyatt Hamburg
, Grand
Hyatt Berlin
, Hyatt
Regency Cologne
, and Hyatt
Regency Mainz
. In addition to Hyatt House Frankfurt/Goetheplatz,
there are two previously announced Hyatt-branded hotels currently under
development: Andaz
Munich
(expected to open in early 2019) and Hyatt
House Frankfurt/Eschborn
(expected to open in late 2019).

For more information about Hyatt House hotels, please visit www.hyatt.com/brands/hyatt-house.

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 House

Hyatt House, a brand of Hyatt Hotels Corporation, launched in 2012 and
offers more than 85 locations throughout the United States, China,
Germany, Mexico, Turkey, and Puerto Rico. Inspired by extensive research
into guest experiences, Hyatt House hotels offer services, amenities,
upscale spaces and a casual, comfortable environment that reminds guests
of home. For more information, please visit hyatthouse.com.
Join the conversation on Facebook,
and tag photos with #HyattHouse and #WhySettle.

About HR Group

HR Group is one of the largest owner-operator hotel groups in Germany.
With more than 4,800 rooms in Germany, The Netherlands and Spain HR
Group is one of the leading hotel companies in Germany and is
continuously growing. HR Group mainly cooperates with leading franchise
partners and plans to further expand on the basis of acquisitions and
lease contracts. Extensive market knowledge, distinctive real estate
knowhow and professional management structures create the foundation of
success of the HR Group.

About Groß & Partner

The Groß & Partner Grundstücksentwicklungsgesellschaft mbH is one of the
leading project development companies in Germany with headquarters in
Frankfurt am Main. The company is specialized in the development of
office, residential, and hotel properties as well as city and quarter
development. The company covers the entire value added chain of the
property: from project idea to development, to construction, and finally
rental and sales. Sample projects are the construction of the new
centers for the German Stock Exchange (Deutsche Börse), Ernst & Young,
AirPlus, and the Kion Group as well as the overseas quarter "Nord der
Hafencity" in Hamburg. In Frankfurt, Groß & Partner is currently
developing milestone high-rise project with the FOUR Frankfurt project,
One Forty West, and the Spin Tower.
www.gross-partner.de

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 June
30, 2018, the Company's portfolio included more than 750 properties in
more than 55 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.

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; failure to successfully
complete proposed transactions (including the failure to satisfy closing
conditions or obtain required approvals); 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.

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