Hyatt Announces Plans for a Park Hyatt Hotel on Caribbean Island of St. Kitts

Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has signed a management agreement with Range Developments for a Park Hyatt hotel in St. Kitts. Slated to open in 2015, Park Hyatt St. Kitts will be located on the southeast peninsula of St. Kitts in Christophe Harbour, a 2,500-acre master planned community that is currently under development.

Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has signed a management agreement with Range Developments for a Park Hyatt hotel in St. Kitts. Slated to open in 2015, Park Hyatt St. Kitts will be located on the southeast peninsula of St. Kitts in Christophe Harbour, a 2,500-acre master planned community that is currently under development. The Christophe Harbour development project will offer a Tom Fazio-designed 18-hole championship golf course, a beach club and a 300-acre super yacht marina and marina village.

Park Hyatt St. Kitts will feature 200 guestrooms and 50 Park Hyatt-branded residential condominiums, and the hotel will be constructed in two phases. The first phase will include the completion of the hotel's 125 guestrooms, two food and beverage outlets, a fitness center, a 12-treatment room spa, and more than 7,000 sq ft of meeting and banquet space. The second phase will include the completion of the remaining 75 guestrooms and a third food and beverage outlet. Dewan Architects is responsible for the hotel's architecture.

"Park Hyatt St. Kitts will continue our company's tradition of delivering an unprecedented level of luxury and unrivalled hospitality experience," said Pat McCudden, senior vice president of real estate and development, Hyatt Hotels & Resorts. "Park Hyatt St. Kitts will be designed to provide an intimate, contemporary resort environment, with touches of the local culture – a perfect sanctuary for our discerning guests."

"We are pleased to launch this major development project on the beautiful island of St. Kitts, one of the most tranquil locations in the Caribbean," said Munaf Ali, chief executive officer, Range Developments. "We believe Park Hyatt St. Kitts will deliver a new hospitality experience to guests visiting the Caribbean."

Park Hyatt St. Kitts will be located in Banana Bay, a secluded area offering white sand beaches and crystal clear water, as well as views of The Narrows, a strait separating St. Kitts and the volcanic island of Nevis. The hotel will be less than 15 miles from Robert L. Bradshaw International Airport, Port Zante cruise terminal and Basseterre, the capital of St. Kitts and Nevis, which is headquarters to a number of tax and financial firms, including Caribbean Central Bank and Caribbean Securities Exchange. St. Kitts is an established resort and beach destination, offering activities such as diving, snorkeling, fishing, yachting, and golfing.

There are currently three Hyatt-branded hotels in the Caribbean, including Hyatt Regency Trinidad, Hyatt Regency Aruba Resort and Casino and Hyatt Regency Curacao Golf Resort, Spa and Marina. There are currently four Hyatt-branded hotels under development in the Caribbean, including Park Hyatt Bermuda, Andaz Turks and Caicos, Grand Hyatt Baha Mar, and Hyatt Place Bayamón and El Tropical Casino. For more information, please visit hyattdevelopment.com.

About Park Hyatt

Park Hyatt provides discerning, affluent individual business and leisure guests with elegant and luxurious accommodations. Guests of Park Hyatt receive highly attentive personal service in an intimate environment. Located in many of the world's premier destinations, each Park Hyatt is custom designed to combine sophistication with distinctive regional character. Park Hyatt features well-appointed guestrooms, meeting and special event spaces for smaller groups, critically acclaimed art programs and signature restaurants featuring award-winning chefs.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2024, the Company's portfolio included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Vacation Club®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Dream® Hotels, Hyatt Centric®, and Caption by Hyatt®; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt®, and JdV by Hyatt®; and the Inclusive Collection, including Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith™, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. 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. 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 when made, are inherently uncertain, and are subject to numerous assumptions and uncertainties, many of which are outside of Kiraku, Inc. or Hyatt's control, which could cause actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Forward-looking statements made in this press release are made only as of the date of their initial publication and neither party undertakes an obligation to publicly update any of these forward-looking statements as actual events unfold, except to the extent required by applicable law. If one or more forward-looking statements is updated, no inference should be drawn that any additional updates will be made with respect to those or other forward-looking statements.

Development Development Caribbean Saint Kitts and Nevis

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2024, the Company’s portfolio included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt...