Hyatt Centric South Beach Miami Officially Opens

Second hotel to debut under Hyatt’s newest brand, putting guests in the heart of key destinations.

MIAMI - June 15, 2015 - (BUSINESS WIRE) - Hyatt Hotels Corporation (NYSE:H) in conjunction with Miami-based development group Robert Finvarb Companies and its partner David Martins today announced the opening of Hyatt Centric South Beach Miami, a 105-room hotel bringing the first Hyatt Centric-branded hotel to Miami Beach, and the second Hyatt Centric property worldwide.

“We’re excited to introduce our newest brand, Hyatt Centric, to vibrant South Beach,” said Sandra Micek, global senior vice president of brands, Hyatt. “Hyatt Centric South Beach is positioned to deliver on the brand’s commitment to put guests in the middle of the action and inspire them to explore the destination.”

“Hyatt Centric South Beach is located in the heart of South Beach on Collins Avenue and 16th Street,” said developer Robert Finvarb. “Hyatt Centric South Beach captures the spirit of South Beach and inspires guests to explore the best that the area has to offer. Guests will be steps away from the best in culture, dining, and nightlife.”

Architect Kobi Karp uses the local culture of South Beach as inspiration for the design of Hyatt Centric South Beach – a, 10-story glass tower that sits above a historic building façade, blending the city’s Art Deco roots with modern aesthetics. Carefully curated artwork by local gallerist Dina Mitrani, define the hotel’s inviting interiors, while floor-to-ceiling windows offer a view of the hustle-and-bustle outside.

Upon arrival, guests are led to a central lobby lounge on the third floor where they can enjoy handcrafted cocktails at the bar and browse the hotel’s book collection at The Corner. Outside is an open-air deck featuring a swimming pool where guests can soak up the sun on lush lounge chairs or unwind in shaded cabanas.

“Hyatt Centric South Beach has been developed to ensure our guests have everything they need,” said general manager Ricardo Mendes. “Our associates, who are modern explorers themselves, are ready to share their local knowledge and insider tidbits to inspire our guests to discover the best South Beach has to offer.”

Hyatt Centric South Beach features a Spanish-Mediterranean restaurant, DECK sixteen, offering a locally sourced menu for breakfast, lunch and dinner, with the talented Executive Chef William Milian at the helm of the kitchen. Additional food and beverage amenities include pool and beach service and restaurant-to-room dispatch service, delivering selected menu items and cocktail kits in 20 minutes or less.

Hyatt Centric South Beach also offers business guests a boardroom on the second floor for meetings. The hotel allows for convenient connectivity with complimentary wireless Internet and a Bluetooth enabled TV systems with full audio and visual services.

Hyatt Centric South Beach Address: 1600 Collins Avenue, Miami Beach, FL.

Website: www.southbeachmiami.centric.hyatt.com.

Social: fb.com/HyattCentricSouthBeachMiami, @HyattCentricMIA.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

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 strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Centric™, Hyatt Regency®, Hyatt Place®, Hyatt House®, Hyatt Zilara™, Hyatt Ziva™, Hyatt Residences® and Hyatt Residence Club® brand names and have locations on six continents. As of March 31, 2015, the Company's worldwide portfolio consisted of 599 properties in 50 countries. For more information, please visit www.hyatt.com.

Forward-Looking Statements

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. 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 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; 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; changes in the competitive environment in our industry and the markets where we operate; 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.

SOURCE Hyatt Hotels Corporation

Contact: 

Cristy Planas Pardo
The Workshop
305-613-4298
cristy@workshopcollective.com

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