June 05, 2012 // Franchising.com // CHICAGO – Hyatt Hotels Corporation (NYSE: H) announced today that June will be its official month of community service. Several activities and initiatives this month will give back to the communities where Hyatt hotels are located and where Hyatt associates live.
In 2011, Hyatt unveiled its global corporate responsibility platform, Hyatt Thrive, which is designed to help make communities places where Hyatt associates are proud to work, where guests want to visit, where neighbors want to live and where hotel owners want to invest. The platform is grounded in four key pillars that Hyatt believes are crucial to foster thriving communities: environmental sustainability, economic development and investment, education and personal advancement, and health and wellness.
To celebrate the first year of Hyatt Thrive, Hyatt hotels and associates will give back to local communities throughout the month of June with its Global Volunteer Initiative, which brings Hyatt associates from around the world together in a common effort to volunteer in their local communities. As a part of this initiative, team members from Hyatt corporate headquarters and colleagues from area Hyatt hotels including Park Hyatt Chicago, Hyatt Regency Chicago and Hyatt Regency McCormick Place, will join together to improve Chicago’s Uptown neighborhood. Known as one of the most dense and ethnically diverse areas of the city, Hyatt volunteers will make an impact in the neighborhood by partnering with a variety of organizations that are serving the needs of the Uptown community, including the American Indian Center, McCutcheon Elementary School, Alternatives Inc., and the Robert B. McCormick Boys and Girls Club. To see last year’s volunteer efforts in Chicago, click here.
Around the world, associates at Hyatt hotels will also be giving back to their local communities throughout the month of June. Some highlights include:
To view volunteer initiatives from Hyatt hotels throughout 2011, click here.
Hyatt is continuing to show its dedication to responsible business practices around the globe, and specifically this month, Hyatt will showcase its support through the following:
The corporate responsibility report will be released mid-June and will be available at www.hyattthrive.com.
“We are so proud of the progress we’ve made in the last year since the introduction of Hyatt Thrive, and we are committed to focusing on projects that contribute to the prosperity, health and advancement of the many communities around the world that our hotels call home,” said Brigitta Witt, vice president corporate responsibility for Hyatt Hotels & Resorts. “While June is our official volunteer and service month, our efforts extend well beyond this – we are working each and every day to involve ourselves in initiatives that promote community engagement and environmental stewardship and that truly help to make a difference in the lives of our guests, associates, owners and neighbors.”
To learn more about Hyatt’s corporate responsibility programs, visit www.HyattThrive.com.
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 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 HouseTM brand names and have locations on six continents. Hyatt House is changing its brand identity from Hyatt Summerfield Suites®. Hyatt Residential Group, Inc., a Hyatt Hotels Corporation subsidiary, develops, operates, markets or licenses Hyatt ResidencesTM and Hyatt Vacation Club®, which is changing its name to Hyatt Residence ClubTM. As of March 31, 2012, the Company's worldwide portfolio consisted of 488 properties in 45 countries. For more information, please visit www.hyatt.com.
As used in this release, the terms “Hyatt,” “we,” “our,” “its” and similar terms are used for convenience to refer to one or more of the following entities: Hyatt Hotels Corporation, Hyatt Corporation, Hyatt International Corporation, or a subsidiary or affiliate of any of these entities.
Forward-Looking 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, the number of properties we expect to open in the future and when we expect these properties to open, our expected capital expenditures, and other 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, general economic uncertainty in key global markets, the rate and pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; our ability to successfully execute and implement our organizational realignment and the costs associated with such organizational realignment; loss of key personnel, including as a result of our organizational realignment; 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; if our third-party owners, franchisees or development partners are unable to access the capital necessary to fund current operations or implement our plans for growth; 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; foreign exchange rate fluctuations or currency restructurings; general volatility of the capital markets; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. 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.
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