Second Hyatt Place Hotel Set To Open In The United Kingdom

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with M&L Hospitality for a Hyatt Place hotel in London, to be managed by Cycas Hospitality. Hyatt Place London Heathrow Airport will mark the second Hyatt Place hotel and the fifth Hyatt-branded hotel in the United Kingdom.

The Hyatt Place brand is rooted in extensive consumer insights indicating that guests seek stylish, comfortable, seamless experiences that accommodate their lifestyles and familiar routines. To embody this, the brand offers casual hospitality and purposeful service in a smartly designed, high-tech and contemporary environment.

"We are delighted to collaborate with M&L Hospitality to bring the second Hyatt Place hotel to the U.K.," said Peter Norman, senior vice president, acquisitions and development – Europe, Africa and Middle East (EAME) and Southwest Asia for Hyatt. "The opening of this hotel will mark a significant milestone for Hyatt as the Hyatt Place brand continues to expand worldwide and offer more choices to our guests in key gateway cities."

Expected to open in early 2017 following an extensive renovation of the existing building, Hyatt Place London Heathrow Airport will be located at the doorstep of Heathrow Airport, providing guests with a relaxing and uncomplicated place to pause before beginning the next leg of their journey.

"M&L Hospitality's collaoboration with Hyatt continues to expand with the opening of Hyatt Place London Heathrow Airport in the U.K.," said Neil Maxwell, chief executive officer, M&L Hospitality. "After extensive upgrades to the hotel, including a full refurbishment of all guest rooms and public areas, we believe the Hyatt Place brand is the right fit for the hotel and Hyatt Place London Heathrow Airport will exceed guest expectations while visiting or passing through London."

Hyatt Place London Heathrow Airport will offer:

• 350 spacious guestrooms, including a plush Hyatt Grand Bed, media and work center with a 42" flat-panel HDTV and comfortable Cozy Corner sofa-sleeper
• Gallery Hosts unique to the Hyatt Place brand who are available 24/7
• 24/7 Gallery Market offering grab 'n go items, such as snacks and sandwiches
• Coffee to Cocktails Bar featuring specialty coffees and premium beers, as well as wines and cocktails
• Meetings Spaces
  offering seven flexible, high-tech meeting/function space that can accommodate 2-100 delegates
• 24-hour StayFit Gym featuring fully stocked exercise equipment
• Odds & Ends program for forgotten items that guests can buy, borrow or enjoy for free
• Free Wi-Fi and public computers with remote printing throughout the hotel

Hyatt Place London Heathrow Airport will be managed by Cycas Hospitality. "This is a stylish and creative brand for Heathrow Airport and we know that guests will enjoy our plans for new, intuitive levels of service which will mark this hotel apart from its competitors on the strip," said John Wagner, director, Cycas Hospitality.

There are more than 260 Hyatt Place hotels spanning five continents, 16 countries and more than 150 cities. For more information, please visit www.hyattplace.com.

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

About M&L Hospitality
M&L Hospitality is a Singapore-based real estate investment trust with an international portfolio of best-in-class hotels. M&L Hospitality has experienced exponential growth since the trust acquired the Four Points by Sheraton in Sydney in 2009, which will be rebranded as Hyatt Regency Sydney on 1 December 2016. Its portfolio now contains 13 hotels in operation and a further 3 hotels under construction, due to open in 2017, with properties in Singapore, Australia, Belgium, the Netherlands, New Zealand and the United Kingdom. M&L Hospitality's hotels are in prime, central locations in international gateway cities. They are operated by the most recognisable international brands, including Accor, Hilton, IHG, Rezidor, Starwood, Hyatt, Travelodge and Swissôtel. M&L Hospitality's hotels are modern, functional, and appeal to the corporate, leisure and MICE markets.

About Cycas Hospitality
Cycas Hospitality is a hotel management company specialising in extended-stay hotels in the UK and across Europe. It combines real world, first-hand experience of hotel management with expertise in real estate investment and development. For more information please visit http://www.cycashospitality.com