CHICAGO (December 12, 2014) – Hyatt Hotels Corporation (NYSE: H) honored 10 of the company’s top owners and developers at Hyatt’s recent conference for owners throughout the Americas, held at Hyatt Regency Indian Wells Resort & Spa in Indian Wells, Calif.
“Hyatt has consistently emphasized that we want to be the most preferred hotel company for owners, guests and associates. To achieve that, we need to work closely with the right owners and developers who share our commitment to Hyatt’s brands and what the Hyatt brand overall has come to stand for – quality, driven by the dedication of our outstanding colleagues around the world,” said Mark Hoplamazian, president and chief executive officer, Hyatt. “The companies we are recognizing share our passion and our values, and along with all of our owners and developers, are helping to drive the strategic growth that will make Hyatt the world’s best hotel company.”
Hyatt presented the following awards for excellence in hotel development and management:
The Strategic Partner award recognizes a company for its commendable culture, performance and operating philosophies, and their strong, multi-brand relationship with Hyatt.
The Developer of the Year award recognizes a company for its hotel development in strategic locations and construction quality and efficiency. Two companies received the 2014 Developer of the Year award:
The Operating Excellence award recognizes a company for its outstanding ability to see that Hyatt-branded hotels run smoothly, and for helping Hyatt on its path to becoming the most preferred hotel company.
The Best Project award recognizes notable hotel openings in strategic locations. Three hotels received 2014 Best Project honors:
The Best Conversion award recognizes a company for reconfiguring and transforming an existing property and converting it to a Hyatt-branded hotel. Two hotels earned the 2014 Best Conversion:
The Renovation Excellence award recognizes a company for reconfiguring and transforming a Hyatt-branded hotel.
The Best New Hotel award recognizes excellence within brand standards and a positive representation of Hyatt in a key market.
“Hyatt’s reputation for excellence has allowed us to work with owners and developers who are equally committed to delivering a superior and distinctive experience in each of our brands,” said Jim Chu, senior vice president, senior vice president, franchising strategy, Hyatt. “Together with our owners and developers, we are bringing more Hyatt-branded hotels to key locations and providing guests with an array of options to stay with us based on their desired experience. We look forward to continuing this momentum into 2015 and beyond.”
The term “Hyatt” is used herein for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
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.
CONTACT:
Siân Martin
+1 312 780 5797
sian.martin@hyatt.com