Global Hyatt Corporation's New Brands Reach Development Milestone

Global Hyatt Corporation today announced Hyatt Place and Hyatt Summerfield Suites, its upscale select-service and extended-stay brands, reached a new milestone: a combined total of 100 approved new hotels, adding to the 150 hotels open and soon to open. These new additions will propel the combined Hyatt Place and Hyatt Summerfield Suites system to 250 hotels nationwide.

'We reached this impressive milestone of 100 new deals and 250 chain-wide hotels for our two new brands quickly - just over one year - primarily because of Global Hyatt's reputation and ability to command a premium RevPAR and tremendous success of the Hyatt Place and Hyatt Summerfield Suites hotels we have open to date,' said Chris Ivy, senior vice president of real estate and development. 'Global Hyatt firmly believes these brand categories will fuel the industry and company's growth over the next few years and thanks to the success we've already experienced, the growth of Hyatt Place and Hyatt Summerfield Suites will be driven by the most prestigious developers in the business.'

'With Hyatt Place and Hyatt Summerfield Suites, Global Hyatt offers the modern style, lifestyle-oriented service offerings and high-tech amenities today's travelers look for at a competitive cost per key,' said Daniel Daniele, President & COO, Corporex Select Service Hotels. 'We're confident that the design, service and amenities of Hyatt Place and Hyatt Summerfield Suites will re-energize travelers and allow us earn a premium RevPAR and returns to our investors.'

New build Hyatt Place and Hyatt Summerfield Suites will be coming to the following cities in 2008 and 2009:

Alaska

Anchorage

Alabama

Birmingham
Mobile(a)


Arizona

Glendale(a)

Phoenix/Avondale
Phoenix/Gilbert
Phoenix/Mesa
Phoenix/Tempe

California

Fresno
Rancho Cucamonga
Riverside/Downtown(a)

Sacramento/Roseville
San Francisco/Airport
Sacramento/Davis

Colorado

Denver/Westminster

Connecticut

Uncasville(a)

Windsor

Florida

Boca Raton
Bonita Springs
Dania Beach
Jacksonville
Orlando/Lake Mary
Sarasota/Airport
Tampa/Brandon(a)

West Palm Beach(a)


Illinois

Chicago/Downtown
Chicago/Northbrook(a)

Chicago/Warrenville
Chicago/Woodridge
Rockford(a)


Indiana

South Bend/Mishawaka

Kentucky

Lexington

Louisiana

Covington
Lafayette

Maryland

Arundel Preserve
Baltimore/Downtown
Baltimore/White Marsh(a)


Michigan

Detroit/Novi(a)

Grand Rapids/Wyoming(a)


Mississippi

Jackson/Madison
Tupelo(a)


New York

Buffalo/Amherst
Long Island/Garden City
New York City
Rochester
Saratoga Springs/Malta

Nevada

Las Vegas/Green Valley(a)

Las Vegas/Henderson
Reno/Airport

North Carolina

Concord
Raleigh/West(a)


Ontario, Canada

Barrie
Niagara Falls
Toronto/Airport(a)


Oregon

Portland/Airport

Pennsylvania

Bethlehem
Pittsburgh

South Carolina

North Charleston (2)

Tennessee

Memphis/Germantown

Texas

Dallas/Garland
Houston/Energy Corridor

Utah

Salt Lake City/Airport
Salt Lake City/Sandy

Virginia

Chesapeake
Fredericksburg
Herndon
Landsdowne
Norfolk/Downtown
Williamsburg

Washington

Seattle

Wisconsin

Madison
Milwaukee

(a) - newly approved location



HYATT PLACE BACKGROUND

Hyatt Place was inspired by the changing landscape of contemporary, multi-tasking business travelers, who have successfully adapted to today's '24/7 lifestyle,' seamlessly merging personal and professional activities. To help guests achieve this, Hyatt Place offers an atmosphere of casual hospitality with a balanced mix of comfortable and functional amenities including:

Hyatt Grand Bed(TM) and Cozy Corner, an eight-foot sectional sofa-sleeper, in every guestroom
42-inch flat panel, high-definition television offering an impressive channel selection that includes DIRECTV(R) Sports service in every guestroom
Hyatt Plug Panel(TM), which allows guests to plug their portable media devices directly into the television
Complimentary Wi-Fi throughout the hotel
24-hour Guest Kitchen that offers a variety of freshly prepared items, including made-to-order breakfast entrées, sandwiches, soups, salads and pizza
Coffee and wine bar serving Starbucks(R) coffee and premium wine and beer
StayFit@Hyatt fitness center offering state-of-the-art Life Fitness(R) cardio equipment
An e-room offering complimentary Internet-accessible computers and a printer
Travelers are raving about the Hyatt Place hotels already open in and around Atlanta, Chicago, Phoenix, Cincinnati, San Antonio, Nashville, Dallas, Washington, DC and Louisville. There will be more than 120 Hyatt Place hotels open by the first quarter of 2008, including locations in Phoenix, Tampa, Miami, Orlando and Detroit, in addition to other key business and leisure markets throughout the country.

HYATT SUMMERFIELD SUITES BACKGROUND

Hyatt Summerfield Suites prototype, conversion and existing hotels will offer a mix of spacious studio, one-bedroom and two-bedroom guest suites focused on comfort and style. Every guest suite will feature a full kitchen, but has been specially redesigned to flow into the living area, allowing guests to enjoy a continuous brightly lit, open space. To make guests feel Hyatt Summerfield Suites is more like home, additional amenities include:

Hyatt Grand Bed(TM) and Cozy Corner, a sectional sofa-sleeper, in every guest suite
32-inch flat panel, high-definition television offering an impressive channel selection
Hyatt Plug Panel(TM), which allows guests to plug their portable media devices directly into the television
An Evening Social that takes place Monday through Thursday where guests can get to know fellow travelers while sampling complimentary beverages and hors d'oeuvres such as a mashed potato bar, soup and fresh mixed field greens
Complimentary breakfast buffet, served daily, featuring a rotating menu of items such as eggs, cinnamon French toast and freshly baked muffins served with an assortment of fresh fruit, juices and Starbucks(R) coffee
Complimentary grocery shopping services and a 24-hour Guest Market offering staple grocery items to help guests utilize their suite's full kitchen
A Business Center offering complimentary Internet-accessible computers and a printer
StayFit@Hyatt fitness center offering state-of-the-art Life Fitness(R) cardio equipment
Indoor or outdoor pool and complimentary grill for guest use
Laundry services
There are 19 Hyatt Summerfield Suites hotels already open in and around Miami, Phoenix, Dallas, Houston, Austin, Boston and Denver. There will be 30 hotels open by year-end 2007, with additional locations throughout Texas and Colorado.



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