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Hyatt Announces Plans for First Hyatt House Hotel in Australia
Ideally located on the doorstep of the Central Business District, Hyatt House South Melbourne will offer guests everything they need for short or long-term stays

CHICAGO (September 21, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into an agreement with an affiliate of Holder East Ltd for a Hyatt House hotel in Melbourne, Australia. Expected to open in 2025, the 97-guestroom Hyatt House South Melbourne will mark the entry of the Hyatt House brand in the country, demonstrating Hyatt’s growth of its select service brands in the Asia Pacific region.

Purposely designed for guests seeking spacious and well-equipped living accommodations for short or long-term stays, Hyatt House hotels offer an experience that enables guests to enjoy home-like amenities through contemporary design, modern guestroom spaces, and a welcoming community atmosphere. Hyatt House South Melbourne will be located in the bustling hub of South Melbourne, home to the South Melbourne Market and a host of multicultural food, shopping and entertainment landmarks. Close to ANZAC station, the hotel will be ideally located near the Royal Botanical gardens, the Australian Grand Prix racetrack in Albert Park, the business hubs in St Kilda Road, the Docklands, Southbank, as well as the Melbourne Convention and Exhibition Centre.

“We are proud to work with Holder East Ltd on the first Hyatt House hotel in Australia. The brand brings all the comforts of home to guests who do not just want to stay somewhere, but to live somewhere, even if only for two nights. That means more space for living and working, delivered with flexibility, comfort and thoughtful touches,” said David Udell, group president, Asia Pacific, Hyatt. “This exciting milestone also reflects Hyatt’s continued growth of our extended-stay portfolio, enabling guests to experience our signature care in new ways.” 

Construction is underway on the hotel, which is part of the mixed-use Oasis Residences, an urban sanctuary designed by the renowned Hayball architects. The hotel’s 97 guestrooms will offer a mix of room types such as studios and 1-bedroom residential-styled Kitchen Suites with a kitchen island, refrigerator, and stovetop, a spacious living room, a plush bed in the bedroom, and a modern bathroom, ensuring all rooms are thoughtfully designed with the comforts of home. The hotel’s all-day lounge will also house the H Bar, a central gathering spot where guests can enjoy freshly made breakfast or sip a cocktail and unwind in the evening. In addition, the hotel will offer a 24/7 fitness room and communal spaces for working, socializing or relaxing.

“Hyatt House South Melbourne will be a vibrant addition to the South Melbourne precinct. The brand’s focus on offering a home away from home experience will make guests feel genuinely at ease with an elevated, spacious, and stylish experience,” said CJ Wu, chief operation officer of Holder East Ltd.

Hyatt House brand offers an experience tailored to the needs of leisure and lifestyle travelers

Following Hyatt’s entry into the extended-stay market in 2006, Hyatt sought to create a more familiar and less hotel-like guest experience that provides a place to live, not just to stay. The Hyatt House brand was introduced in 2012, named after the very first Hyatt hotel, and reflects a deep presentation of warmth, comfort and hospitality. The growth of the Hyatt House brand reflects its continuing evolution to meet the needs of guests who today work more remotely than ever, seeking more space, more autonomy, and amenities that reflect the comforts of home. Once open, Hyatt House South Melbourne will join a global portfolio of more than 130 Hyatt House properties worldwide.

For more information, please visit hyatthouse.com.

The term “Hyatt” is used in this release to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

For further information:

About Hyatt House

For further information: Hyatt House hotels are designed to welcome guests seeking spacious and well-equipped living accommodations with everything they need and more for short- or long-term stays. At more than 130 locations, the Hyatt House brand delivers home-like amenities, purposeful service, and contemporary spaces, including complimentary home-cooked breakfast for guests, a creatively curated menu at H Bar, and indoor and outdoor communal spaces for working, socializing, or relaxing. For more information, please visit hyatthouse.com. Join the conversation on Facebook or Instagram and tag photos with #HyattHouse and #WhySettle.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2023, the Company’s portfolio included more than 1,250 hotels and all-inclusive properties in 76 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Residence Club®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Dream® Hotels, Hyatt Centric®, and Caption by Hyatt®; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt®, and JdV by Hyatt®; and the Inclusive Collection, including Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith™, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. 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, but are not limited to, general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as earthquakes, tsunamis, tornadoes, hurricanes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; the pace and consistency of recovery following the COVID-19 pandemic and the long-term effects of the pandemic, additional resurgence, or COVID-19 variants, including with respect to global and regional economic activity, travel limitations or bans, the demand for travel, transient and group business, and levels of consumer confidence; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants or other pandemics, epidemics or other health crises; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations, including with respect to our acquisition of Apple Leisure Group and Dream Hotel Group and the successful integration of each business; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our franchising business and licensing businesses and our international operations;; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statementsWe caution you not to place undue reliance on any forward-looking statements, which are made only 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 law. 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.

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MEDIA CONTACTS:
Madeleine Furley
Hyatt
Madeleine.Furley@hyatt.com

Dana Fioravanti
Hyatt
Dana.Fioravanti@hyatt.com