Hyatt Announces Plans for Hyatt Regency Naha, Okinawa

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with PHR Okinawa Hotel Management Ltd., a subsidiary of Ken Corporation, Ltd., for a Hyatt Regency hotel in Naha, Okinawa. Expected to open in late 2015, Hyatt Regency Naha, Okinawa will mark the first Hyatt-branded hotel on the island of Okinawa, Japan.

"We are delighted to bring the Hyatt Regency brand to Okinawa, and are honored to further strengthen our relationship with Ken Corporation Ltd., owner of Hyatt Regency Guam, a company with deep development and management experience," said Ratnesh Verma, senior vice president, real estate and development, Asia Pacific, Hyatt. "The Hyatt Regency brand is designed to keep people connected and energized, and we feel this hotel will be a perfect fit for the city of Okinawa and the travelers that we know will visit this destination. Japan continues to see a rise in inbound tourism, and we look forward to welcoming guests to Hyatt Regency Naha, Okinawa."

Located in Naha, the political, economic and education center of Okinawa, Hyatt Regency Naha, Okinawa will feature 294 guestrooms, four food and beverage outlets, meeting space, a fitness center, and an outdoor swimming pool. The hotel will be within walking distance to Kokusai-dori, the city's main tourism and entertainment district. With Naha International Airport less than three miles away, Hyatt Regency Naha, Okinawa will provide easy access and convenience for business and leisure travelers.

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