Hyatt Announces First Hyatt-Branded Hotel in Scotland

ZURICH–(BUSINESS WIRE)–Hyatt
announced today that a Hyatt affiliate has entered into an agreement
for the first Hyatt-branded property in Scotland and the third Hyatt
Regency hotel in the United Kingdom. With 187 guestrooms and 98
apartments, Hyatt Regency Edinburgh Marina is expected to open in 2021
as the premier hotel and residential destination in Scotland’s capital
city.

The Hyatt
Regency
brand offers a seamless experience that connects leisure and
business travelers alike to everything they need under one roof. Guests
will enjoy a full range of services and amenities, including notable
culinary experiences, flexible spaces to work, collaborate or relax, and
expansive technology-enabled facilities for meetings and events, along
with expert planners who adhere to every detail.

“I am thrilled that Hyatt is announceing plans for the first Hyatt hotel
in Edinburgh, Scotland, as part of the exciting new Edinburgh Marina
development,” said Guido
Fredrich
, regional vice president development Europe. “Edinburgh
Marina is the perfect foundation for us to launch our brand in Scotland,
opening a new era for Hyatt and creating a great new tourism opportunity
for Edinburgh.”

Hyatt Regency Edinburgh Marina will showcase the best of hospitality by
bringing together creative design, world-class service and
state-of-the-art facilities. In addition to guestrooms and apartments,
Hyatt Regency Edinburgh Marina will include a 10,000 square foot (3,048
square meters) conference and banquet center, as well as a restaurant
and bar. The new hotel will also feature a tranquil spa offering
boutique fitness classes and restorative therapies. With these
convenient amenties, and a prime location just outside the city center
amongst stunning scenery, this hotel will be a true one-stop shop
destination for both domestic and international travellers in Scotland’s
historic capital.

“This is great news for the city of Edinburgh and a huge boost to its
tourism industry,” said Hugh Taylor OBE of Michels Taylor, who advised
the developer. “Hyatt is a highly regarded international hotelier and is
a perfect fit for this upscale waterfront development.”

Hyatt Regency Edinburgh Marina will add to the growing Hyatt portfolio
in the UK, which includes Hyatt
Regency Birmingham
, Hyatt
Regency London – The Churchill
, Andaz
London Liverpool Street,
Hyatt
Place London Heathrow Airport
, and Hyatt
Place West London/Hayes
. In addition, there are two previously
announced Hyatt-branded hotels currently under development: The Great
Scotland Yard Hotel and Hyatt Place London City/East.

For more information about Hyatt Regency hotels, please visit www.hyattregency.com.
or edinburgh-marina.com/hotel-and-spa.

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 Regency

The Hyatt Regency brand prides itself on connecting travelers to who and
what matters most to them. More than 185 conveniently located Hyatt
Regency urban and resort locations in over 30 countries around the world
serve as the go-to gathering space for every occasion – from efficient
business meetings to memorable family vacations. The brand offers a
one-stop experience that puts everything guests need right at their
fingertips. Hyatt Regency hotels and resorts offer a full range of
services and amenities, including the space to work, engage or relax;
notable culinary experiences; technology-enabled ways to collaborate;
and expert meeting and event planners who can take care of every detail.
For more information, please visit hyattregency.com.
Follow @HyattRegency on Facebook,
Twitter
and Instagram,
and tag photos with #AtHyattRegency.

About the Edinburgh Marina Development

Located 2.5 miles (4km) NW of central Edinburgh, the Edinburgh Marina
development will be a unique new leisure and residential destination for
Scotland’s capital city, bringing new life and vibrancy to a key area of
Edinburgh’s coastline. Edinburgh Marina is located 12 miles (16km) from
the bridges over the Firth of Forth and 8 miles (12km) from Edinburgh
International Airport. The Edinburgh Marina Development benefits from
excellent transport links via road, sea and rail, which will be further
improved when the new tram extension to Granton and Leith is completed.

Royal Wharf Living for Retirement

The developer recently launched the first phase of its luxury retirement
living scheme, unveiling a show apartment in the Old Gunpowder Store
which is located on the development. A selection of spacious 1, 2 3
bedroom luxury apartments are now available for advance reservation
together with berths in the new Edinburgh Marina.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a portfolio of 14 premier brands. As of
September 30, 2018, the Company’s portfolio included more than 750
properties in more than 55 countries across six continents. The
Company’s purpose to care for people so they can be their best informs
its business decisions and growth strategy and is intended to attract
and retain top colleagues, build relationships with guests and create
value for shareholders. The Company’s subsidiaries develop, own,
operate, manage, franchise, license or provide services to hotels,
resorts, branded residences, vacation ownership properties, and fitness
and spa locations, including under the Park Hyatt®, Miraval®,
Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®, The
Unbound Collection by Hyatt®,
 Hyatt Place®, Hyatt
House®, Hyatt Ziva
, Hyatt Zilara, Hyatt
Residence Club® 
and Exhale® brand names.
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 our actual results,
performance or achievements 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; the financial condition of, and our
relationships with, third-party property owners, franchisees and
hospitality venture partners; the possible inability of third-party
owners, franchisees or development partners to access the capital
necessary to fund current operations or implement our plans for
growth; risks associated with potential acquisitions and dispositions
and the introduction of new brand concepts; failure to successfully
complete proposed transactions (including the failure to satisfy closing
conditions or obtain required approvals); changes in the competitive
environment in our industry, including as a result of industry
consolidation, and the markets where we operate; general volatility of
the capital markets and our ability to access such 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 U.S. Securities and Exchange
Commission. These factors are not necessarily all of the important
factors that could cause our actual results, performance or achievements
to differ materially from those expressed in or implied by any of our
forward-looking statements.
We caution you not to place undue
reliance on any forward-looking statements, which are made only 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 law. 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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