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HYATT HOTELS CORPORATION RECOGNIZED BY BUSINESSWEEK MAGAZINE AS “BEST PLACE TO LAUNCH A CAREER”

CHICAGO (September 10, 2009) – Hyatt Hotels Corporation has been recognized on BusinessWeek’s “Best Places to Launch a Career 2009” survey, published in the September 14 issue of the magazine. The industry-leading and widely read business publication included the organization as part of its fourth-annual survey of the year’s best companies for entry-level workers. The list of 69 employers spans 14 industries and highlights best-in-class companies, non-profits and government agencies that impressed editors with feedback from career counselors, students and company-specific statistics.

Chicago-based Hyatt Hotels Corporation gained its #27 position through a combination of effective intern-to-hire programs, training methods and promotional opportunities for entry-level hires into its internship and Corporate Management Training programs. As noted in the article:

  • Nearly 100% of the organization’s entry-level hires into the Corporate Management Training (CMT) program have been undergraduate interns, and primarily hospitality and hotel and restaurant management majors.
  • An average of $7,500 per new hire was spent on orientation and training in 2008.
  • All new hires participate in a mentorship program.
  • New hires into the CMT program are eligible for a raise and promotion in the first year (within five to 12 months, depending on program length).
  • Additional benefits include access to health benefits (extending to same-sex partners), 401(k) plans, relocation packages, employee discounts, free meals, among others.

“We are thrilled that Hyatt Hotels & Resorts is being recognized for its ongoing efforts to attract and reward new employees,” said Randy Goldberg, vice president of recruiting, Hyatt Hotels & Resorts. “We work hard to create a family-like environment, in which our associates can thrive and feel proud of their accomplishments and company. Our policy to first consider our own associates when filling senior positions reflects our confidence in our training and hiring methods. The fact that 80% of our associates take advantage of these promotional opportunities indicates their satisfaction with their experience at Hyatt.”

The ranking follows Hyatt’s inclusion on a number of employment and diversity award lists:

  • Human Rights Campaign (HRC) – “2009 Best Places to Work: Corporate Equality Index”
  • Hispanic Business magazine – “Diversity Elite 2009: 60 Best Companies for Hispanics”
  • LATINA Style magazine – “2009 Top 50 Employers for Latinas”
  • BusinessWeek magazine – “Top 100 Undergraduate Employers”
  • FORTUNE – "Top 100 MBA Employers"
  • DiversityInc magazine – “25 Noteworthy Companies”
  • Savoy Professional magazine – “2009 Top 100 Companies to Work For”
  • Hispanic Trends – “Top 50 Corporations for Supplier Diversity”
  • The Black Collegian – “Top 50 Employers”
  • CAREERS & the disABLED magazine - “Top 50 Employers”

For a full list of Hyatt awards, visit http://hyattpressroom.com/AwardsDetails.asp.

For more information about career opportunities with Hyatt, visit www.hyatt.com or www.explorehyatt.jobs/.

About BusinessWeek's "Best Places to Launch a Career"

To compile the "Best Places to Launch a Career" ranking, BusinessWeek polled 60 college career services directors across the country; collected data from a survey of more than 60,000 U.S. undergrads by Universum USA, a Philadelphia research company; and required employers to submit statistics on everything from pay and benefits to training programs and retention.

http://www.businessweek.com/magazine/content/09_37/b4146032027785.htm

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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 in 45 countries strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The company’s subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt®, Andaz™, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt Summerfield Suites™ brand names and have locations under development on five continents. Hyatt Vacation Ownership, Inc., a Hyatt Hotels Corporation subsidiary, develops and operates vacation ownership properties under the Hyatt Vacation Club® brand. As of June 30, 2009, the company’s worldwide portfolio consisted of 413 properties. For more information, please visit www.hyatt.com.

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Katie Rackoff
Hyatt Hotels & Resorts
312-780-5361
katie.rackoff@hyatt.com