Chesapeake Lodging Trust (NYSE: CHSP) (the “Trust”) and Hyatt Hotels Corporation (NYSE: H) (“Hyatt”) announced today that the Trust has acquired the fee simple interest in the Hyatt Santa Barbara and two adjoining properties totaling 200 rooms from a Hyatt affiliate for $61.0 million, or approximately $305,000 per key.  

 With its youngest guests in mind and summer travel officially underway, Hyatt announced today the launch of its “For Kids, By Kids Family Cook-Off” recipe contest. The contest, along with the release of new and kid-approved menu items, kicks-off the second year of Hyatt’s For Kids, By Kids initiative and furthers this industry-leading commitment to delivering healthier options for kids while they are traveling.  The “For Kids, By Kids Family Cook-Off” invites families to create and share a healthy breakfast recipe, along with a photo via Facebook, for a chance to win a vacation and a place on Hyatt’s For Kids, By Kids menu. 

Hyatt Hotels Corporation (NYSE: H) today announced the execution of an agreement to form a joint venture between a Hyatt affiliate and FSA Group S.A. (FSA), a Libra Group company, to develop and own nine Hyatt Place-branded hotels in Brazil. 

Hyatt Hotels Corporation (NYSE: H) announced today its long-term commitment to education and workforce readiness with Ready To Thrive, a new global philanthropy program focused on literacy and career development.  Ready to Thrive will lend critical support to the company’s corporate responsibility platform, Hyatt Thrive, which strives to make local communities places where Hyatt associates are proud to work, where guests want to visit, where neighbors want to live and where hotel owners want to invest.

Following a highly competitive application process and multiple selection rounds, The International Customer Management Institute (ICMI) recently awarded Hyatt the Best Use of Technology award for the company’s use of Interactions’ Virtual Assistant services at its North American Service Centers in Omaha, Nebr. and Marion, Ill.