Global Hyatt Corporation Changes Name to Hyatt Hotels Corporation

CHICAGO--(BUSINESS WIRE)--Global Hyatt Corporation today announced that the company has changed its name to Hyatt Hotels Corporation. Hyatt Hotels Corporation is the parent entity of companies that own, operate, manage and franchise hotel, resort, residential and vacation ownership properties under the brand names Hyatt®, Park Hyatt®, Andaz™, Grand Hyatt®, Hyatt Regency®, Hyatt Place®, Hyatt Summerfield Suites™ and Hyatt Vacation Club®.

"The name Hyatt Hotels Corporation leads with our brand and captures the company's core business," said Mark Hoplamazian, president and chief executive officer, Hyatt Hotels Corporation. "Operating in various countries around the world for decades has given Hyatt a global perspective as well as an understanding that making a difference in people's lives through authentic hospitality is an inherently local - rather than global - mission. Each of our hotels is rooted in and reflective of its market and community, which enables the members of the Hyatt family to provide the type of hospitality and experience our guests have come to expect."

This change will not affect guests, employees or operations at the company's more than 380 hotel, residential and vacation ownership properties around the world.

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 own, manage or franchise more than 380 hotels and resorts under the Hyatt®, Park Hyatt®, Andaz™, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt Summerfield Suites™ brand names and have additional 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® and Hyatt Residence Club® brands.

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