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Hyatt hotels continue to operate normally today, and our guests are enjoying the authentic hospitality they have come to know and expect. We are gratified that so many of our employees came into work today, in spite of efforts by leaders of UniteHere to organize work stoppages in Chicago, Los Angeles, San Francisco and Waikiki.
Hyatt Hotels Corporation (NYSE: H) announced today that its wholly owned subsidiaries acquired a portfolio of assets from LodgeWorks, L.P. and its private equity partners, finalizing a previously announced transaction to purchase twenty hotels for approximately $660 million in cash, with one hotel acquisition to close during the fourth quarter of 2011.
Grand Hyatt São Paulo has been honored as a 2011 World Saver by Condé Nast Traveler magazine. Announced in the September 2011 issue as part of the fifth annual World Savers Awards, Grand Hyatt São Paulo is recognized for its corporate responsibility in the “Doing It All” global category for city hotels, namely for the hotel’s dedication to initiatives in education and poverty relief by offering training opportunities for youth from neighboring communities, programs for minimizing the hotel’s environmental impact, engagement in philanthropic activities, and support of local businesses as preferred vendors.
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with ASB Tanzania Ltd., a wholly-owned subsidiary of Albwardly Investments, to manage Hyatt Regency Dar Es Salaam, The Kilimanjaro in Tanzania.
Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Regency Chennai, introducing the Hyatt Regency brand to the booming south Indian market.
This September, the Park Hyatt hotel brand begins the transformation of its acclaimed Masters of Food & Wine event into a global series of seasonally- and locally-inspired culinary weekend Park Hyatt masters workshops that will take place four times per year around the change of season.
Hyatt Hotels Corporation announced today that a Hyatt affiliate signed an agreement with SIGNA Holding Group to manage Park Hyatt Vienna, which will be located in the city’s renowned Innere Stadt, or First District.
Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today announced the pricing of its public offering of $250.0 million principal amount of 3.875% senior notes due 2016 and $250.0 million principal amount of 5.375% senior notes due 2021.
Hyatt Hotels Corporation today announced that Jeff Semenchuk will serve as its first chief innovation officer.
Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported financial results for the second quarter of 2011.