Tag Archives: Hyatt Place

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Hyatt Place Pensacola Airport Celebrates Official Opening

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By Business Wirevia The Motley Fool

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Hyatt Place Pensacola Airport Celebrates Official Opening

127-room Hyatt Place hotel located at Pensacola’s newly fashioned Uptown district

CHICAGO–(BUSINESS WIRE)– Hyatt Hotels Corporation (NYS: H) and Innisfree Hotels today announce the opening of Hyatt Place Pensacola Airport, a refreshing hotel option for business and leisure travelers alike offering forward-thinking, around-the-clock amenities and modern design.

“We’re proud to introduce the Hyatt Place brand to the Pensacola market,” said Rich Chism, director of development, Innisfree Hotels. “We believe travelers will appreciate the comfortable and functional amenities offered at Hyatt Place Pensacola Airport such as free Wi-Fi, made-to-order fresh food around the clock and the StayFit@Hyatt fitness center.”

The hotel opening marks the 18th Hyatt Place hotel in the state, and it is the first hotel to bring a new level of amenities to the airport.

“Having this premier hotel at our international airport is a distinct advantage for our business and leisure travelers,” said Airport Director Greg Donovan. “Our customers now have the option of staying overnight right on the airport campus with top-notch restaurants and retail outlets nearby. Having such amenities is exclusive to Pensacola International as no other airport in the region has the convenience of an on-site hotel or the high levels of service for which Hyatt is known.”

“I’m excited about the economic impact of this development,” said Pensacola Mayor Ashton Hayward. “The beautiful new Hyatt Place hotel is a great addition to Pensacola and adds even more value for travelers choosing Pensacola International Airport. I want to thank Innisfree Hotels and their partners for working to create new jobs and new revenue for our city.”

Hyatt Place Pensacola Airport offers:

  • 127 spacious guestrooms, all of which feature a 42-inch HDTV, the plush Hyatt Grand Bed® and a sectional sofa sleeper
  • Complimentary Wi-Fi access and wireless printing throughout the hotel
  • Complimentary a.m. Kitchen SkilletTM, featuring freshly prepared breakfast sandwiches, a variety of fresh fruits, hot and cold cereal, yogurt, breads, premium coffee and an assortment of juices
  • Flexible, high-tech meeting/function space accommodates up to 1,000 attendees
  • 24/7 Gallery Menu serving made-to-order snacks and entrees any time of

    Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Hyatt Hotels Corporation Announces Timing of First Quarter 2013 Earnings Release and Investor Confer

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By Business Wirevia The Motley Fool

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Hyatt Hotels Corporation Announces Timing of First Quarter 2013 Earnings Release and Investor Conference Call

CHICAGO–(BUSINESS WIRE)– Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYS: H) announced today that it will release first quarter 2013 financial results on Wednesday, May 1, 2013, before the stock market opens.

Hyatt management will host an investor conference call at 10:30 a.m. (Central time) to discuss financial results and business outlook. The Company requests that questions be submitted via email to earnings@hyatt.com by 9:00 a.m. (Central time). Hyatt management will read and respond to as many submitted questions as possible. The Company will host a live Q&A session toward the end of the call.

All interested persons may listen to a simultaneous webcast of the conference call, which may be accessed through the Company’s website at www.hyatt.com and selecting the Investor Relations link located at the bottom of the page, or by dialing 857.244.7307, passcode #84546251 approximately 10 minutes before the scheduled start time. For those unable to listen to the live broadcast, a replay will be available from 1:00 p.m. (Central time) on May 1, 2013 through May 8, 2013 at midnight by dialing 617.801.6888, passcode #65897105. Additionally, an archive of the webcast will be available on our website for approximately 90 days.

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 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 Residential Group, Inc., a Hyatt Hotels Corporation subsidiary, develops, operates, markets or licenses Hyatt ResidencesTM and Hyatt Residence ClubTM. As of December 31, 2012, the Company’s worldwide portfolio consisted of 500 properties in 46 countries. For more information, please visit www.hyatt.com.

Media:
Hyatt Hotels Corporation
Farley Kern
+ 1 312 780 5506
farley.kern@hyatt.com
or
Investors:
Hyatt Hotels Corporation
Atish Shah
+ 1 312 780 5427
atish.shah@hyatt.com

KEYWORDS:   United States  North …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Fifth Hyatt Brand Debuts in India

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By Business Wirevia The Motley Fool

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Fifth Hyatt Brand Debuts in India

Hyatt Hotels Corporation rebrands five hotels as “Hyatt” in Bangalore, Hyderabad, Pune, Ahmedabad, and Amritsar

CHICAGO–(BUSINESS WIRE)– Hyatt Hotels Corporation (NYS: H) today debuted its fifth brand in India with the official rebranding of five hotels to “Hyatt”: Hyatt Bangalore MG Road, Hyatt Hyderabad Gachibowli, Hyatt Pune, Hyatt Amritsar, and Hyatt Ahmedabad. The new Hyatt hotels join the 11 properties open throughout India operating under the Park Hyatt, Grand Hyatt, Hyatt Regency, and Hyatt Place brands.

Set in prime locations in some of India‘s fastest growing business cities, the five hotels offer contemporary and comfortable upscale accommodations. The hotels’ restaurants and gathering places are geared toward the discerning transient, individual business and leisure traveler and can accommodate small business meetings and social gatherings.

According to Peter Fulton, Group President – EAME/Southwest Asia for Hyatt, “We are proud to introduce the fifth Hyatt brand to India, and we are thrilled to have the brand debut in some of the country’s most vibrant cities. India has been a key part of Hyatt’s strategic growth for the past 30 years, and we look forward to the expansion of our brands into new markets throughout the country where our guests are traveling.”

Hyatt Bangalore MG Road is located in the heart of India‘s Silicon Valley on the buzzing MG Road, with views of nearby Ulsoor Lake. The hotel is close to Bangalore’s shopping and business areas and has 143 guestrooms, including four suites. The hotel’s signature restaurant, The Pink Poppadom, serves modern Indian cuisine; Lido, the all-day-dining restaurant, is situated overlooking the swimming pool; and the rooftop bar, Liquid Lounge and Bar, offers a refreshing al fresco experience. Hyatt Bangalore MG Road also offers a spa and fitness center. The hotel’s meeting and function space includes the Istana conference room, a pre-function area and two smaller meeting rooms.

Hyatt Hyderabad Gachibowli is located 20 minutes from the airport in the financial hub of Gachibowli, in the heart of Hyderabad’s new business district. The hotel has 166 rooms, including nine suites, and is spread across an expansive, landscaped area that gives it the feel of an urban resort. The hotel’s two restaurants include Collage, which offers international cuisine, and Deori, which is known for its North Indian, Andhra and Hyderabadi cuisine. The Lounge …read more
Source: FULL ARTICLE at DailyFinance

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First Hyatt Place Hotel Opens in NYC

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By Business Wirevia The Motley Fool

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First Hyatt Place Hotel Opens in NYC

Hyatt Place New York/Midtown-South highlights brand’s move into urban, downtown locations

CHICAGO–(BUSINESS WIRE)– Hyatt Hotels Corporation (NYS: H) , Chesapeake Lodging Trust (NYS: CHSP) and Real Hospitality Group today announce the opening of Hyatt Place New York/Midtown-South, marking the first Hyatt Place property to debut in New York City. The new Midtown Manhattan location represents a move into downtown urban locations for the upscale select service brand, which has grown by nearly 18 percent in the past three years.

Hyatt Place New York/Midtown-South is located on W 36th Street, between 5th and 6th Avenues, in the heart of Manhattan. (Photo: Business Wire)

“New York is a significant and exciting market that represents so many opportunities for us as we look for meaningful growth across our portfolio of brands,” said Rakesh Sarna, group president – Americas, Hyatt Hotels Corporation. “The opening of the city’s first Hyatt Place is a significant step forward in our goal to become the most preferred brand for our guests, and we can’t wait to show New Yorkers and its many visitors from around the world what Hyatt Place is all about.”

Earlier this month, a Hyatt Place hotel opened in downtown Austin, Texas, and other downtown locations are expected to open this year in Chicago’s River North neighborhood; Minneapolis, Minn.; Charlotte, N.C.; Omaha, Neb.; Nashville, Tenn; Panama City, Panama; and Santiago, Chile. In 2014, the company anticipates additional urban, downtown openings for the brand in New York City‘s Times Square and Flushing; Washington D.C.’s NoMa neighborhood, and Lincoln, Neb.; among others.

“Hyatt Place guests may be accustomed to seeing our brand in suburban and airport locations, but we feel there is also demand in downtown locations for the accessibility, convenience and overall experience the brand provides. Hyatt Place delivers a seamless experience to meet the needs of our guests’ multi-tasking 24/7 lifestyles, so what better place to showcase that experience than The City that Never Sleeps,” said Chris Walker, vice president of brands, Hyatt Place and Hyatt House. “We look forward to introducing a new group of customers to the Hyatt Place brand.”

About Hyatt Place New York/Midtown-South

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Chesapeake Lodging Trust Acquires Hyatt Place New York Midtown South

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By Business Wirevia The Motley Fool

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Chesapeake Lodging Trust Acquires Hyatt Place New York Midtown South

ANNAPOLIS, Md.–(BUSINESS WIRE)– Chesapeake Lodging Trust (NYS: CHSP) (the “Trust”) announced today that it has closed on the previously announced acquisition of the newly developed, 185-room Hyatt Place New York Midtown South located in New York, New York for a purchase price of $76.2 million, or approximately $412,000 per key. The Trust entered into an agreement with Real Hospitality Group, the operator of the Trust’s other hotel in New York located in Midtown on 31st Street, to manage the hotel.

James L. Francis, Chesapeake’s President and Chief Executive Officer, stated, “We are very pleased to acquire our second hotel in the highly desired Midtown area of Manhattan at a very compelling per key price. Similar to the Holiday Inn New York City Midtown – 31st Street, which we acquired in late December 2011 and opened for business in January 2012, we expect the Hyatt Place to ramp-up very quickly given the robust demand in Manhattan, the strength of the Hyatt brand, and our operator’s extensive experience managing hotels in New York City.”

The Trust funded the acquisition with available cash on hand, a credit at closing equal to the outstanding balance of a construction loan provided to the seller, and a $35.0 million advance under the Trust’s $60 million term loan obtained in July 2012. The $35.0 million advance bears interest equal to LIBOR, plus 3.25%. Contemporaneous with the $35.0 million advance, the Trust entered into an interest rate swap to effectively fix the interest rate on the $35.0 million advance for the remaining initial term of the loan at 3.65% per annum. Under the terms of the interest rate swap, the Trust pays fixed interest of 0.40% per annum on a notional amount of $35.0 million and receives floating rate interest equal to the one-month LIBOR.

ABOUT CHESAPEAKE LODGING TRUST

Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations in the United States. The Trust owns 16 hotels with an aggregate of 4,907 rooms in seven states and the District of Columbia. Additional information can be found on the Trust’s website at www.chesapeakelodgingtrust.com.

…read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Hyatt Names Alex Zoghlin Global Head of Technology

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By Business Wirevia The Motley Fool

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Hyatt Names Alex Zoghlin Global Head of Technology

CHICAGO–(BUSINESS WIRE)– Hyatt Hotels Corporation (NYS: H) today announced the appointment of Alex Zoghlin as the company’s first global head of technology. In this role, Zoghlin will be responsible for all aspects of Hyatt’s technology platform and systems. He will lead the team charged with rapidly deploying innovative technology solutions to enable superior guest experiences and will be responsible for optimizing the company’s technology resources. He reports to Chuck Floyd, group president, global operations center for Hyatt.

Zoghlin joins Hyatt with more than 20 years of technology experience, including over 10 years in the travel and real estate industries. Most recently he was chief executive officer at VHT, a provider of innovative technology and visual marketing solutions for the real estate industry. Zoghlin was founder and chief executive officer for G2Switchworks, an airline global distribution system that automated ticket exchanges, ticket refunds and ticket price changes. In 2000, Zoghlin was a founder, and first employee of Orbitz, an online travel agency built to revolutionize the way consumers buy and plan travel. There, he oversaw all aspects of the company and served as chief technology officer, overseeing strategy, design development and operations.

Earlier, Zoghlin founded and served as chief executive officer and chief technology officer for SportsGear.com, a business-to-business sporting goods distribution company as well as Neoglyphics Media Corporation. In the early 1990s, he was a senior research programmer at the National Center for Supercomputing Applications and started his career in active duty for the U.S. Navy Submarine Force.

“I am delighted to welcome Alex to Hyatt’s leadership team as he joins us with an utterly unique background, and a deep understanding of technology, the travel industry, and what it takes to create exceptional user experiences,” said Floyd. “Alex is a talented technology leader with outstanding instincts and a track record for driving innovation which provides for a great fit with our business objectives.”

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 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 …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Hyatt Hotels Corporation to Speak at J.P. Morgan Conference March 8

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By Business Wirevia The Motley Fool

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Hyatt Hotels Corporation to Speak at J.P. Morgan Conference March 8

CHICAGO–(BUSINESS WIRE)– Hyatt Hotels Corporation (NYS: H) announced today that Atish Shah, senior vice president of strategy, FP&A, and investor relations, will be participating in a fireside chat at the at the 2013 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Conference being held in Las Vegas, NV at approximately 10:30am PST on Friday, March 8, 2013.

Audio of the presentation will be provided through a live webcast which can be accessed through the Hyatt website at http://www.hyatt.com by selecting the Investor Relations link located at the bottom of the page. A replay will be available for 90 days.

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 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 Residential Group, Inc., a Hyatt Hotels Corporation subsidiary, develops, operates, markets or licenses Hyatt ResidencesTM and Hyatt Residence ClubTM. As of December 31, 2012, the Company’s worldwide portfolio consisted of 500 properties in 46 countries. For more information, please visit www.hyatt.com.

Hyatt Hotels Corporation
Investors:
Atish Shah, + 1 312 780 5427
atish.shah@hyatt.com

KEYWORDS:   United States  North America  Illinois  Nevada

INDUSTRY KEYWORDS:

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Business, Finance, Occupation & Industry

Hyatt Place Austin Downtown Celebrates Official Opening

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By Business Wirevia The Motley Fool

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Hyatt Place Austin Downtown Celebrates Official Opening

296-room Hyatt Place hotel located in the heart of downtown Austin

AUSTIN, Texas–(BUSINESS WIRE)– Hyatt Hotels Corporation (NYS: H) and White Lodging Services today announce the opening of Hyatt Place Austin Downtown, just steps from the Austin Convention Center and the city’s famous Sixth Street.

Hyatt Place Austin Downtown, Photo Credit: Neil Goldman

“With thousands of music, film and digital enthusiasts arriving to our great city from around the world, there couldn’t be a more exciting time to be a part of this new opening in downtown Austin,” said Brad Haas, general manager, Hyatt Place Austin Downtown. “We can’t wait to welcome guests to the new hotel and show them the authentic hospitality and purposeful service for which Hyatt Place is known.”

In addition to its proximity to the convention center, Hyatt Place Austin Downtown is just minutes away from the University of Texas and major companies including AMD, Whole Foods and Silicon Labs. Additionally, the hotel is close to more 50 restaurants and only 15 minutes from the Austin-Bergstrom International Airport.

Hyatt Place Austin Downtown offers:

  • 296 spacious guestrooms, all of which feature a 42-inch HDTV, the plush Hyatt Grand Bed® and a sectional sofa sleeper
  • Complimentary Wi-Fi access throughout the hotel
  • Complimentary a.m. Kitchen SkilletTM, featuring freshly prepared breakfast sandwiches, a variety of fresh fruits, hot and cold cereal, yogurt, breads, premium coffee and an assortment of juices
  • 1,800 square feet of flexible, high-tech meeting and function space
  • 24/7 Guest Kitchen serving made-to-order snacks and entrees
  • Intimate Bakery Café featuring specialty coffees, premium beers and wines and cocktails

“It’s a wonderful feeling to grow with a city,” said Bryan Hayes, chief operating officer, White Lodging. “Today marks the opening of White Lodging‘s 22nd Austin hotel. We’re thrilled to be able to be part of the fabric of such a unique city.”

HYATT PLACE …read more
Source: FULL ARTICLE at DailyFinance