11 Andaz Properties Now Open or Under Development Worldwide
CHICAGO–(Business Wire)–
Hyatt Hotels Corporation (NYSE: H) announced today the signing of management
agreements for three new Andaz properties. The hotels will be located in Sanya
Sunny Bay, China; Delhi, India; and Providenciales, Turks and Caicos. These
planned properties, situated in prime urban and resort locations, will be the
latest additions to the expanding Andaz brand, which only three years after its
debut, includes 11 properties open or under development in six countries.

Personal and uncomplicated, Andaz is a new hotel experience that blends fresh,
engaging hospitality with stylish, vibrant settings, created with simplicity and
locality in mind. These new properties will join Andaz Liverpool Street, London
(2007), Andaz West Hollywood (2009), Andaz Wall Street (2010) and Andaz San
Diego (2010). Andaz 5th Avenue is scheduled to open in New York in summer 2010.
Previously announced planned openings include Andaz Austin, Texas; Andaz
Amsterdam; and Andaz Papagayo, Costa Rica.

“The Andaz brand is quickly taking hold in the lifestyle hospitality category
and is a key component of Hyatt`s strategy of increasing our presence in key
markets around the world where we see growth potential,” said Steve Haggerty,
global head of real estate and development, Hyatt Hotels Corporation. “The
momentum behind Andaz is a testament to the brand`s global appeal, and Hyatt`s
well-established reputation as a preferred management company.”

The 183-room Andaz Sanya Sunny Bay, which will be located in a large scale
mixed-use resort community on the southern oceanside of China`s Hainan Island,
will be complemented by the 196-room Park Hyatt Sanya Sunny Bay and branded
villas. With a mountain on one side and a white sand beach facing the South Sea
on the other, Andaz Sanya Sunny Bay will offer five restaurants, as well as a
2,500-square-foot ballroom and three meeting rooms. The hotel will share a
variety of amenities with Park Hyatt Sanya Sunny Bay, including a Spa Village
featuring an outdoor swimming pool, beach club, fitness center, extensive spa
facilities and treatment rooms, as well as a restaurant, tea house, and bakery.
The hotel will be developed by Sunny Bay Development Company.

Slated to open in 2013, Andaz Delhi, a 323-room hotel with an additional 118
Andaz-branded apartments, will be located in India`s second-largest metropolis
which is also a leading economic center. The hotel, which will be developed by
Juniper Hotels Private Limited, will be part of the burgeoning Hospitality
District, near Indira Gandhi International Airport and close to Delhi`s emerging
Central Business District and the commercial hubs of Gurgoan and South Delhi.
The hotel will feature a variety of amenities including a lounge, theme bar, two
restaurants, spa, and fitness center. Additionally, the property will offer a
7,000-square-foot ballroom and seven meeting rooms. The project, the first Andaz
property planned in India, comes two months after Hyatt announced plans to
expand its presence in Delhi, Goa, Kolkata and Mumbai, as well as expand into 15
new Indian markets over the next five years.

The 170-key Andaz Turks and Caicos, scheduled to open in 2014 on the central
island of Providenciales in Turks and Caicos, will include approximately 76
Andaz-branded condominium residences and three villas which owners can choose to
place into an Andaz-managed rental program. Situated on a 21-acre property along
a 2,700-foot crescent-shaped oceanfront parcel, the hotel will feature a variety
of amenities including several restaurants, an outdoor pool, spa and fitness
center. Additionally, the property will offer several options for events and
meetings, including five Andaz Studios, two trellised courtyards, an event
gallery, and a studio display kitchen. The hotel, which will be developed by the
Cloisters Group, will be located approximately 15 minutes by car from
Providenciales International Airport.

About Andaz

Global in scale while local in perspective, Andaz delivers an innovative
hospitality experience and attentive, uncomplicated service designed to
accommodate guests` personal preferences. Hotels in this unique collection
reflect the spirit of their locale, and are dedicated to creating natural and
vibrant living spaces where travelers can indulge in their own personal sense of
comfort and style. For more information and reservations, visit www.andaz.com.

About Park Hyatt

Intimate and residential in style, Park Hyatt hotels promise elegant and
gracious service on a personal scale, and are further distinguished by prime
locations and exceptional interior design. Hyatt Hotels & Resorts and its
subsidiaries operate 24 Park Hyatt brand hotels. Current locations include:
Baku, Beaver Creek, Beijing, Buenos Aires, Canberra, Chicago, Dubai, Goa,
Hamburg, Istanbul, Jeddah, Melbourne, Mendoza, Milan, Moscow, Paris, Saigon,
Seoul, Shanghai, Sydney, Tokyo, Toronto, Washington, DC and Zurich.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a proud heritage of making guests feel more than
welcome. Thousands of members of the Hyatt family in 45 countries strive to make
a difference in the lives of the guests they encounter every day by providing
authentic hospitality. The company`s subsidiaries manage, franchise, own and
develop hotels and resorts under the Hyatt, Park Hyatt, Andaz, Grand Hyatt,
Hyatt Regency, Hyatt Place and Hyatt Summerfield Suites brand names and have
locations under development on five continents. Hyatt Vacation Ownership, Inc.,
a Hyatt Hotels Corporation subsidiary, develops and operates vacation ownership
properties under the Hyatt Vacation Club brand. As of March 31, 2010, the
company`s worldwide portfolio consisted of 434 properties. For more information,
please visit www.hyatt.com.

About Sunny Bay Development Company

Sunny Bay Development Company is a development subsidiary of DTW Group, a
leading Chinese logistic company. The DTW Group was founded in 1992,
headquartered in Beijing and currently operates 33 integrated logistics
distribution centers, 23 international freight forwarding stations, 7 bonded
warehouses, 114 network hubs. Through this network DTW Group is present in all
major cities and economic regions in China where it provides outstanding
services for domestic transportation, international freight forwarding,
warehousing and contract logistics services. DTW Group was the former JV partner
of Fedex in China.

About Juniper Hotels Private Limited

Juniper Hotels Private Limited (JHPL) is a hotel investment company co-owned by
Two Seas Holdings Limited, and Saraf Holdings Limited. JHPL owns Grand Hyatt
Mumbai and Hyatt Regency Ahmedabad in Western India, scheduled to open in 2013.
Saraf Holdings, a developer of Hyatt hotels in India through its affiliates also
own hotels under the Hyatt Regency brand in Kolkata (Eastern India), which
opened in 2002; Chennai in Southern India, scheduled to open in 2010; and
Kathmandu, a luxury five-star resort in Kathmandu, Nepal, which opened in 2000.

About Cloisters Group

The Cloisters group of companies, which is led by Antonio Dallamano, was
established specifically to develop Andaz Turks and Caicos. The partners, who
are all long term residents of the Turks and Caicos Islands, have extensive
international business experience in development projects.

Forward Looking Statements

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. These statements include statements about our
plans, strategies, financial performance, prospects or future events and involve
known and unknown risks that are difficult to predict. As a result, 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, among others, the depth and duration of the
current economic downturn; levels of spending in the business, travel and
leisure industries as well as consumer confidence; declines in occupancy and
average daily rate; hostilities, including future terrorist attacks, or fear of
hostilities that affect travel; travel-related accidents; changes in the tastes
and preferences of our customers; relationships with associates and labor unions
and changes in labor law; the financial condition of, and our relationships
with, third-party property owners, franchisees and hospitality venture partners;
risk associated with potential acquisitions and dispositions and the
introduction of new brand concepts; changes in the competitive environment in
our industry and the markets where we operate; outcomes of legal proceedings;
changes in federal, state, local or foreign tax law; fluctuations in currency
exchange rates; general volatility of the capital markets and our ability to
access the capital markets. A more complete description of these risks and
uncertainties can be found in our filings with the Securities and Exchange
Commission. We caution you not to place undue reliance on any forward-looking
statements, which are made 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 laws. 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.

Farley Kern
Hyatt Hotels & Resorts
+1 312 780 5506
farley.kern@hyatt.com

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