News Releases

PARIS—November 22, 2005—Park Hyatt Paris­Vendôme is proud to announce its standing as the #1 Hotel in Paris and in Europe and the #2 Hotel in the World in Institutional Investor’s World’s Best Hotels Poll, an annual survey in its 25^th year. Opened in 2002, Park Hyatt Paris­ Vendôme is a relatively young hotel that has already impressed thousands of visitors the world over with its exceptional design, superior service, and understated luxury.

Michel Jauslin, General Manager and Area Vice­ President, has been with the hotel since the opening, citing the hotel as “a kind of dream project.” He says, “We provide luxury with a contemporary, feel­ at home, down ­to ­earth touch.”

Park Hyatt Paris ­Vendôme has given Paris, which has been dazzling visitors for centuries, a unique alternative, swathing all who enter in subdued grandeur. In a league of its own, the 178­room hotel is ideally situated in the heart of the city, next to Place Vendôme, a short stroll from Place de la Concorde, the Opéra, and the exclusive shops on Faubourg St. Honoré.

World ­renowned designer Ed Tuttle combined classic Parisian style with imaginative flair that offer a stunning series of sights and experiences throughout the hotel. Its art collection features originals by international contemporary masters including Ed Paschke, Sam Gilliam, and Roseline Granet, who has been referred to as “the Rodin of our century.” Together with Hyatt, Tuttle’s vision for Vendôme was to build a hotel that reflects the pristine qualities of Parisian lifestyle, using fine craftsmanship to create a timeless, majestic aura.

Institutional Investor conducted the survey among top financial executives and asked them to rate hotels they have visited recently on a scale of 1 to 100. The scores were then averaged and ranked according to a formula that assigns greater weight to those participants who are the most frequent travelers. Any hotel requires a significant number of votes to qualify. Institutional Investor’s readers surveyed spent an average of 62 nights in a hotel last year and are among the most affluent and influential people in America, with an average household income $817,000.

For more information on Park Hyatt Paris ­Vendôme, please visit paris.vendome.hyatt.com. For more information on Institutional Investor and its survey, please visit institutionalinvestor.com.

About Park Hyatt

Intimate and residential in style, Park Hyatt hotels promise elegant and gracious service on a personal scale and are further distinguished by prime locations and exceptional interior design. Hyatt International Corporation and its subsidiaries operate 25 Park Hyatt brand hotels in 17 countries, with an additional 7 hotels under development. There are seven Park Hyatt hotels in the United States and Canada.

About Hyatt

There are 214 Hyatt hotels and resorts (over 90,000 rooms) in 43 countries around the world, operating under the Hyatt®, Hyatt Regency®, Grand Hyatt® and Park Hyatt® brands. Currently, there are an additional 28 Hyatt hotels and resorts under development, including 10 new hotels in China. Hyatt Corporation (domestic U.S., Canada and Caribbean hotels) and Hyatt International Corporation (international properties) are subsidiaries of Chicago­based Global Hyatt Corporation. Global Hyatt Corporation is also the owner of Hyatt Vacation Ownership, Inc. (timeshare), Hyatt Equities, L.L.C. (hotel ownership), and U.S. Franchise Systems, Inc. (which franchises Hawthorn Suites, Microtel and America’s Best Inns).

In January 2005, Global Hyatt Corporation also added an additional 141 U.S. properties to its growing portfolio with the acquisition of the upscale, limited service AmeriSuites hotel chain. These properties will be renovated and repositioned under the new Hyatt Place select service brand in 2006.

From the U.S. and Canada, reservations for any Hyatt hotel worldwide may be obtained by calling 1­800­233­1234 or logging onto www.hyatt.com.