CHICAGO – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with Southwest Value Partners (SWVP) for the development of a Hyatt Regency hotel in Nashville, Tenn. The hotel will be part of SWVP's 15-acre mixed use urban project that includes the redevelopment of the former LifeWay campus. Expected to open in 2019, the premium, full service hotel will anchor the northwest corner of Broadway and 10th Avenue and serve as a gateway to Nashville's central business district.

"We are pleased to be working with SWVP to bring the Hyatt Regency brand to Nashville," said Mark Chase, vice president of real estate and development for Hyatt. "Nashville is an incredibly dynamic market and a very important one to our organization. We see a bright future for the city and believe that the globally recognized Hyatt Regency brand will resonate with the growing base of business and leisure travelers visiting Nashville. We look forward to offering our guests and Hyatt's loyal group of meeting and event planners an outstanding new lodging option in this area."

The Hyatt Regency brand experience is designed around one objective: to connect today's travelers to who and what matters most to them. Hyatt Regency Nashville will offer 540 smartly designed guestrooms, 60,000 square feet of flexible meeting and event facilities, imaginative culinary experiences, technology enabled multi-functional lobby spaces, a signature Hyatt StayFit gym, and an outdoor pool. Additionally, the hotel will feature multiple community gathering places – areas to relax, meet, engage, and recharge.

"Hyatt Regency Nashville will be the first in a series of excellent hospitality, creative office, residential, and retail offerings we are working to bring to the former LifeWay site in Nashville. In addition to a vibrant live/work/play environment, we expect this project to have a significant positive impact on jobs and Nashville's employment base, alongside increased direct local spending and city/state tax receipts. We couldn't be more pleased to kick off this project with Hyatt," said SWVP Managing Partners Mark Schlossberg and Cary Mack in a joint statement.

Guests of Hyatt Regency Nashville will be within walking distance to Music City Center, the Country Music Hall of Fame and Museum, Bridgestone Arena, the Frist Center for the Visual Arts, the Johnny Cash Museum, and Nashville's Honky Tonks. Business travelers will have convenient access to Nashville's central business district, the Tennessee State Capital, the Gulch, Vanderbilt, Tennessee State and Belmont Universities, and major corporations in the area, including Baretta USA, Bridgestone, Hospital Corporation of America, Dollar General, Nissan North America, and UnderArmour.

For more information about the Hyatt Regency brand, please visit www.hyattregency.com.

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 SOUTHWEST VALUE PARTNERS

For more information about Southwest Value Partners, please visit www.swvp.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 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