News Releases

CHICAGO, IL – Oct. 1, 2007 – Global Hyatt Corporation today announced Hyatt Place and Hyatt Summerfield Suites, its upscale select-service and extended-stay brands, reached a new milestone: a combined total of 100 approved new hotels, adding to the 150 hotels open and soon to open. These new additions will propel the combined Hyatt Place and Hyatt Summerfield Suites system to 250 hotels nationwide.

“We reached this impressive milestone of 100 new deals and 250 chain-wide hotels for our two new brands quickly – just over one year – primarily because of Global Hyatt’s reputation and ability to command a premium RevPAR and tremendous success of the Hyatt Place and Hyatt Summerfield Suites hotels we have open to date,” said Chris Ivy, senior vice president of real estate and development. “Global Hyatt firmly believes these brand categories will fuel the industry and company’s growth over the next few years and thanks to the success we’ve already experienced, the growth of Hyatt Place and Hyatt Summerfield Suites will be driven by the most prestigious developers in the business.”

“With Hyatt Place and Hyatt Summerfield Suites, Global Hyatt offers the modern style, lifestyle-oriented service offerings and high-tech amenities today’s travelers look for at a competitive cost per key,” said Daniel Daniele, President & COO, Corporex Select Service Hotels. “We’re confident that the design, service and amenities of Hyatt Place and Hyatt Summerfield Suites will re-energize travelers and allow us earn a premium RevPAR and returns to our investors.”

New build Hyatt Place and Hyatt Summerfield Suites will be coming to the following cities in 2008 and 2009:

Alaska
Anchorage

Alabama
Birmingham
Mobile*

Arizona
Glendale*
Phoenix/Avondale
Phoenix/Gilbert
Phoenix/Mesa
Phoenix/Tempe

California
Fresno
Rancho Cucamonga
Riverside/Downtown*
Sacramento/Roseville
San Francisco/Airport
Sacramento/Davis

Colorado
Denver/Westminster

Connecticut
Uncasville*
Windsor

Florida
Boca Raton
Bonita Springs
Dania Beach
Jacksonville
Orlando/Lake Mary
Sarasota/Airport
Tampa/Brandon*
West Palm Beach*

Illinois
Chicago/Downtown
Chicago/Northbrook*
Chicago/Warrenville
Chicago/Woodridge
Rockford*

Indiana
South Bend/Mishawaka

Kentucky
Lexington

Louisiana
Covington
Lafayette

Maryland
Arundel Preserve
Baltimore/Downtown
Baltimore/White Marsh*

Michigan
Detroit/Novi*
Grand Rapids/Wyoming*

Mississippi
Jackson/Madison
Tupelo*

New York
Buffalo/Amherst
Long Island/Garden City
New York City
Rochester
Saratoga Springs/Malta

Nevada
Las Vegas/Green Valley*
Las Vegas/Henderson
Reno/Airport

North Carolina
Concord
Raleigh/West*

Ontario, Canada
Barrie
Niagara Falls
Toronto/Airport*

Oregon
Portland/Airport

Pennsylvania
Bethlehem
Pittsburgh

South Carolina
North Charleston (2)

Tennessee
Memphis/Germantown

Texas
Dallas/Garland
Houston/Energy Corridor

Utah
Salt Lake City/Airport
Salt Lake City/Sandy

Virginia
Chesapeake
Fredericksburg
Herndon
Landsdowne
Norfolk/Downtown
Williamsburg

Washington
Seattle

Wisconsin
Madison
Milwaukee
* -newly approved location more…

HYATT PLACE BACKGROUND

Hyatt Place was inspired by the changing landscape of contemporary, multi-tasking business travelers, who have successfully adapted to today’s “24/7 lifestyle,” seamlessly merging personal and professional activities. To help guests achieve this, Hyatt Place offers an atmosphere of casual hospitality with a balanced mix of comfortable and functional amenities including:

·         Hyatt Grand Bed™ and Cozy Corner, an eight-foot sectional sofa-sleeper, in every guestroom

·         42-inch flat panel, high-definition television offering an impressive channel selection that includes DIRECTV® Sports service in every
          guestroom

·         Hyatt Plug Panel™, which allows guests to plug their portable media devices directly into the television

·         Complimentary Wi-Fi throughout the hotel

·         24-hour Guest Kitchen that offers a variety of freshly prepared items, including made-to-order breakfast entrées, sandwiches, soups, salads
          and pizza

·         Coffee and wine bar serving Starbucks® coffee and premium wine and beer

·         StayFit@Hyatt fitness center offering state-of-the-art Life Fitness® cardio equipment

·         An e-room offering complimentary Internet-accessible computers and a printer

Travelers are raving about the Hyatt Place hotels already open in and around Atlanta, Chicago, Phoenix, Cincinnati, San Antonio, Nashville, Dallas, Washington, DC and Louisville. There will be more than 120 Hyatt Place hotels open by the first quarter of 2008, including locations in Phoenix, Tampa, Miami, Orlando and Detroit, in addition to other key business and leisure markets throughout the country.

HYATT SUMMERFIELD SUITES BACKGROUND

Hyatt Summerfield Suites prototype, conversion and existing hotels will offer a mix of spacious studio, one-bedroom and two-bedroom guest suites focused on comfort and style. Every guest suite will feature a full kitchen, but has been specially redesigned to flow into the living area, allowing guests to enjoy a continuous brightly lit, open space. To make guests feel Hyatt Summerfield Suites is more like home, additional amenities include:

·        Hyatt Grand Bed™ and Cozy Corner, a sectional sofa-sleeper, in every guest suite

·        32-inch flat panel, high-definition television offering an impressive channel selection

·        Hyatt Plug Panel™, which allows guests to plug their portable media devices directly into the television

·        An Evening Social that takes place Monday through Thursday where guests can get to know fellow travelers while sampling complimentary
         beverages and hors d'oeuvres such as a mashed potato bar, soup and fresh mixed field greens

·        Complimentary breakfast buffet, served daily, featuring a rotating menu of items such as eggs, cinnamon French toast and freshly baked
         muffins served with an assortment of fresh fruit, juices and Starbucks® coffee

·        Complimentary grocery shopping services and a 24-hour Guest Market offering staple grocery items to help guests utilize their suite’s full
         kitchen

·        A Business Center offering complimentary Internet-accessible computers and a printer

·        StayFit@Hyatt fitness center offering state-of-the-art Life Fitness® cardio equipment

·        Indoor or outdoor pool and complimentary grill for guest use

·        Laundry services

There are 19 Hyatt Summerfield Suites hotels already open in and around Miami, Phoenix, Dallas, Houston, Austin, Boston and Denver. There will be 30 hotels open by year-end 2007, with additional locations throughout Texas and Colorado.

About Hyatt Place

Hyatt Place, a new kind of Hyatt for today’s relaxed lifestyle, combines The Hyatt Touch® with stylish design, purposeful amenities and forward-thinking technology. Catering to today’s discerning travelers, more than 120 Hyatt Place hotels are to open across the U.S. by the first quarter of 2008. Hyatt Place is a newly developed brand of Global Hyatt Corporation. For Hyatt Place information or to make a reservation, call 1-888-HYATT-HP (888-492-8847) or visit www.hyattplace.com. From the U.S. and Canada, reservations for Hyatt Hotels & Resorts worldwide may be obtained by calling 1-800-233-1234 or logging onto www.hyatt.com.

About Hyatt Summerfield Suites

Hyatt Summerfield Suites is an upscale, all-suite, residential-style hotel offering travelers spacious, contemporary studio, one-and two-bedroom suites ideal for any length of stay. Guests will find an atmosphere that provides the sociability of a neighborhood with features such as complimentary full breakfast buffet and evening socials, a guest market, laundry facilities and Internet café. There are currently 19 Hyatt Summerfield Suites hotels throughout the country with 30 hotels to be fully operational by the end of 2007 and many more in development. Hyatt Summerfield Suites is a newly developed brand of Global Hyatt Corporation. For information or to make a reservation, call 866 XS HYATT (866-974-9288) or visit www.HyattSummerfieldSuites.com. From the U.S. and Canada, reservations for Hyatt Hotels & Resorts worldwide may be obtained by calling 1-800-233-1234 or logging onto www.hyatt.com.