News Releases

CHICAGO (November 10, 2009) – Hyatt Hotels Corporation (“Hyatt”) (NYSE: H) announced today the closing of its initial public offering of 43,700,000 shares of Class A common stock at a price of $25.00 per share. Hyatt’s Class A common stock is listed on the New York Stock Exchange under the symbol “H”.

Selling stockholders sold 38,000,000 shares of Class A common stock, and Hyatt sold 5,700,000 shares of Class A common stock pursuant to the full exercise of the underwriters’ option to purchase additional shares of Class A common stock in the offering. Hyatt received net proceeds of approximately $127.3 million from the sale of its shares, after deducting the underwriting discount and estimated offering expenses. Hyatt intends to use the net proceeds primarily for working capital and other general corporate purposes. Hyatt will not receive any of the proceeds from the sale of shares of Class A common stock by the selling stockholders.

The sole bookrunning manager and lead managing representative of the offering was Goldman, Sachs & Co., with Deutsche Bank Securities Inc. and J.P. Morgan Securities Inc. acting as joint lead managers.  Copies of the final prospectus may be obtained by contacting Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, Attention: Prospectus Department (Tel: +1 866 471 2526; Fax: +1 212 902 9316; e-mail: prospectus-ny@ny.email.gs.com).

A registration statement on Form S-1 relating to the initial public offering of shares of Hyatt’s Class A common stock was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on November 4, 2009. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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