Hyatt Announces Plans for First Hyatt House Hotel in Germany

CHICAGO -- Hyatt today announced that a Hyatt affiliate has entered into a franchise agreement with InTown Hospitality GmbH for a Hyatt House hotel in Düsseldorf, Germany, which is expected to open January 2017. Hyatt House Düsseldorf will mark the brand's entry into Europe, and is the first franchise agreement for a Hyatt-branded hotel in the region, an important step toward increasing Hyatt's brand representation throughout Europe.

"We are delighted to announce plans for the first Hyatt House hotel in Europe," said Peter Fulton, group president – Europe, Africa and Middle East, Hyatt. "We continue to grow the Hyatt House brand thoughtfully in key markets around the world, and we believe Hyatt House Düsseldorf will provide an exciting new hotel experience for guests visiting this important European city."

The hotel will be a part of Andreas Quartier, a former courthouse being redeveloped by Frankonia Eurobau Andreasquartier GmbH. Located in the Altstadt (Old Town) district of central Düsseldorf, the hotel will be nearby the Rhine River embankment and Königsallee, the city's most prestigious street that is home to high-end retailers and theaters. Additionally, the hotel will be a short walk to the city's main attractions and a 15-minute drive to Düsseldorf International Airport. The hotel's interior will be designed by Jan Wichers, a renowned German designer whose portfolio includes hotels, restaurants and golf courses worldwide.

"We are honored to be part of the first Hyatt House hotel in Germany – the combination of the hotel's extended stay offering and ideal location will be attractive for business and leisure travelers and families," said Moreno Occhiolini, chief executive officer, InTown Hospitality GmbH. "We believe that Hyatt House Düsseldorf will cater to a growing extended stay market in the Düsseldorf area. We look forward to welcoming guests and making them feel at home."

Hyatt House Düsseldorf will offer:

• 102 apartment-style Kitchen Suites with fully-equipped kitchens, comfortable living rooms, spacious bedrooms, and stylish bathrooms with complimentary skin and hair care amenities
• Free Wi-Fi throughout the hotel and guestrooms
• The Commons, a comfortable lounge with an open and welcoming space for guests to relax, gather and socialize
• 24/7 H Market to meet the everyday needs of guests, from snacks and sundries
• A 24-hour Workout Room to keep fitness routines going
• Gathering Rooms with flexible meeting spaces, audiovisual equipment and a House Host to make sure events are a real crowd pleaser
• Borrows Menu with often-forgotten items from phone charges to razors
• A Very Important Resident (VIR) program, including complimentary grocery shopping, and other personalized perks, for guests with 30 plus consecutive nights
• Additional services, including guest laundry and complimentary grocery shopping available to extended stay guests

There are five Hyatt-branded hotels currently open in Germany, including Park Hyatt Hamburg, Grand Hyatt Berlin, Hyatt Regency Cologne, Hyatt Regency Düsseldorf, and Hyatt Regency Mainz. In addition to Hyatt House Düsseldorf, there are two Hyatt-branded hotels currently under development: Andaz Munich and Hyatt Place Frankfurt Airport.

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 InTown Hospitality GmbH

InTown Hospitality GmbH is a joint venture between Frankonia Eurobau AG and Moreno Occhiolini. Hyatt House Düsseldorf is the first hotel under the company's management. InTown Hospitality GmbH aims to develop its hotel operation business in Germany and abroad by combining Frankonia's real estate development expertise with Moreno's in-depth knowledge of hotel operations. Moreno Occhiolini is a seasoned hotelier and served as Chief Operating Officer of Rocco Forte Hotels until March 2009.

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 September 30, 2023, the Company's portfolio included more than 1,300 hotels and all-inclusive properties in 76 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.

Siân Martin
Hyatt Hotels Corporation
+1 312 780 5797
Hyatt