Hyatt Union Square New York to Open in April 2013

Hyatt Hotels Corporation (NYSE: H) and HHM announced today that Hyatt Union Square New York is now taking reservations for stays beginning April 2013. The newly built, 178- room hotel will feature urban style guestrooms and new dining and bar concepts by local, highly rated restaurateurs. Guests will be able to enjoy unprecedented services and experiences in the heart of Union Square, one of Manhattan's most beloved neighborhoods.

Located at 13th Street and Fourth Avenue, Hyatt Union Square will blend modern design with classic style. The building's historic façade and expansive 23-foot high entryway ceiling will provide a grand entrance for guests' arrival, while the lobby, designed by acclaimed interior designer Paul Vega, will feature custom made contemporary pieces that bring New York's downtown vibe to life.

"Union Square is a must see, cultural destination in downtown Manhattan, and visitors in town for both business and leisure want to stay in this neighborhood, but did not previously have the hotel options. Hyatt Union Square New York will answer this demand with an offering unlike anything nearby," says Chris Holbrook, General Manager, Hyatt Union Square New York. "Every detail of Hyatt Union Square New York is focused on enticing today's edgy, yet sophisticated, urban traveler, and guests are granted the benefit of staying in the perfect location for a true New York experience."

The sleek guestrooms will offer something for everyone, ranging from loft-style studios with and without outdoor terraces to two distinct presidential suites. The Sanctuary, located on the second floor, will boast a 954 square foot landscaped terrace overlooking the corner of 13th Street and Fourth Avenue. Inside, the spacious one-bedroom suite will evoke a sense of peace and tranquility, and will feature a shower made for two and separate living area. The Empyreal suite on the 11th floor will offer chic neighborhood views through floor-to-ceiling windows in the living room and bedroom. Additional guestroom accommodation categories include: Urbane Studio, Urbane Sky Room, Urbane Terrace, Courtyard Studio, and Alcove Loft.

Hyatt Union Square New York will offer new restaurants by One Five Hospitality Group, led by well-respected restaurateurs Jo-Ann Makovitzky and Marco A. Moreira. The hotel's signature restaurant, The Fourth, is an all-day American Brasserie that will serve traditional brasserie fare with a modern American interpretation. Singl Lounge will serve as an exciting place for guests to gather during the day and evening, featuring an extensive single malt scotch selection and single vineyard wine by the glass selection. These renowned local restaurateurs are owners of the highly acclaimed Tocqueville and 15 East restaurants.

About Hyatt Union Square New York

The new Hyatt Union Square New York will be the first new hotel in the neighborhood in more than ten years when it welcomes its first guests in April 2013. The hotel will boast 178 guestrooms and suites, as well as the newest ventures from One Five Hospitality Group, The Fourth and Singl Lounge. One Five is led by world renowned restaurateurs Jo-Ann Makovitzky and Marco A. Moreira, who have been staples in the community for 15 years with strong connections to their local loyal clientele. Perfectly positioned in the heart of New York City's emerging Digital District, Hyatt Union Square New York is a fresh offering for visiting professionals, while simultaneously offering homegrown culinary and nightlife venues for the local community. For more information, visit www.unionsquare.hyatt.com.

About HHM
HHM, formerly known as Hersha Hospitality Management, operates 115 hotels across the United States. It provides turnkey hotel management, asset management and receivership for properties with leading brand affiliations through Marriott, Hilton, Hyatt, Starwood, and Intercontinental Hotel Group. HHM also operates 14 independent hotels ranging from The Rittenhouse Hotel, a AAA Five Diamond property in Philadelphia, to the oceanfront Postcard Inn in the Florida Keys. Its highly experienced team is accustomed to serving as a fiduciary to publicly traded companies, joint ventures, institutional real estate owners and private investors. Additional information on HHM can be found at hhmhospitality.com.

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 USA & Canada United States New York

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...