Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with Jabal Omar Development Company to manage three Hyatt-branded hotels in Mecca (Makkah), the holy city of Islam, in The Kingdom of Saudi Arabia.

Hyatt Hotels Corporation (NYSE: H) has agreed to repurchase 8,987,695 shares of Class B common stock for $44.03 per share, which represents the closing stock price of the Class A common stock on May 13, 2011, for an aggregate purchase price of $395,728,211.

To kick off the summer season, Hyatt Hotels & Resorts is offering AARP members 10 percent off the Hyatt Daily Rate plus a third night free for stays through September 6, 2011 with offer code AARP at participating Hyatt Hotels & Resorts in the U.S., Canada and the Caribbean.

Hyatt Hotels & Resorts and AAA are making vacation possibilities a reality this summer for AAA/CAA members traveling throughout the U.S., Canada, and the Caribbean.

Hyatt Hotels & Resorts and AAA are making vacation possibilities a reality this summer for AAA/CAA members traveling throughout the U.S., Canada, and the Caribbean.