Today, Chicago­based Global Hyatt Corporation announced the name of the Company’s new upscale extended stay brand as Hyatt Summerfield Suites.

CHICAGO—January 23, 2006—25-year Hyatt Veteran Chuck Floyd, 45, has been promoted to Executive Vice President/Chief Operating Officer for Hyatt Hotels Corporation, based in Chicago. In his new role, Floyd assumes the responsibilities of Hyatt Hotels Corporation’s departing president and longtime company executive Ed Rabin, who retired in December.

Victor Lopez has been promoted to senior vice
president of development for Hyatt Corporation. In his new role, Mr. Lopez will focus on
international acquisition and development primarily in Latin America and Caribbean. He will report
to Michael Shindler, senior vice president, development for Hyatt International

With a prime location, nestled at the base of Aspen Mountain, one block from the gondola, Hyatt Grand Aspen Resort opened December 17, 2005 as the first purpose-built luxury fractional ownership opportunity in downtown Aspen.

Global Hyatt Corporation announced today that it has acquired the 505­room Westin Santa Clara from an affiliate of Strategic Hotel Capital, LLC. Effective immediately, Hyatt assumes management of the property and has rebranded and repositioned the hotel as Hyatt Regency Santa Clara and will promptly begin a $10 million dollar renovation of guestrooms, lobby area and meeting space. Joining Hyatt San Jose in the heart of Northern California’s Silicon Valley, Hyatt Regency Santa Clara becomes Hyatt’s 27in the state and 215property worldwide.