HYATTANNOUNCESPLANSFORA HYATT PLACEHOTEL IN BANGKOK Hotel to be first Hyatt Place hotel in Thailand

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has signeda management agreement withPioneer Property Company Limited (PPC), a Bangkok-basedreal estate firm, foranew Hyatt Placehotel to be locatedin the heart of the Thai capital.Scheduled to open in 2017, Hyatt Place Bangkok,Sukhumvitwill join the recentlyannounced Hyatt Regency Bangkok, Sukhumvit, which is also expected to open in 2017, and Park Hyatt Bangkok, which is expected to open in 2014. The introduction of the Park Hyatt, Hyatt Regency and Hyatt Place brands further reaffirms Hyatt’s continued commitment to Thailand. There are currently two Hyatt-branded hotels in Thailand – Grand Hyatt Erawan Bangkok and Hyatt Regency HuaHin. “As the capital, principal city and economic center of Thailand, Bangkok is strategically important for both business and leisure travellers and we aregrateful to have the opportunity to introduce Hyatt Place to this part of the world,” said Ratnesh Verma, senior vice president, real estate and development, Asia Pacific, Hyatt Hotels and Resorts. “Hyatt Place is a well-recognisedand successful brand in the United States, and it is known for delivering a consistent upscale select service experience.The introduction of the Hyatt Place brand in Bangkok represents an integral stepping-stoneinthe company’s development in this prime market and gives us an opportunity to further strengthen Hyatt’scommitment to expandingits brands in markets where guests are increasingly traveling.” Hyatt Place offers a fresh and friendly stay experience, ideal for the multi-tasking business travellersas well as for leisure travellers and families. Hyatt Place features are based on extensive consumer research and insight into the way the brand’s target market lives and travels offering a tailored level of comfort and service. “As an upscale select service hotel, Hyatt Place Bangkok,Sukhumvitwill allow us to appeal to the growing number of domestic and international travellers to Bangkok,” said Pravina SrisakulchawlaofPioneer Property Company Limited. “While some visitorscome for a holiday, many travelfor business andoften choose to extend their stay. We wish to appeal to both these groups, and this developmentconfirms our position to do so.” Hyatt Place Bangkok,Sukhumvitwill offer220guest rooms and seven studio suites. The hotel will feature a CozyCorner sectional sofa-sleeper, separate workspace, the Hyatt Grand Bed, 42” flat-panel HDTV and the Hyatt Plug Panel media center. Guests will also enjoy an impressive sky pool, fitness center, a multi-cuisine restaurant and bar, and dedicated meeting facilities. Centrally located on Sukhumvit Road Soi 24, Hyatt Place BangkokSukhumvit will be an ideal base for business and leisure travellers, with close proximity to the Emporium shopping mall and easy access to the city’s business, entertainment and dining precincts. For more information, please visit www.hyattdevelopment.com -NT- Click for photo release at www.thaipr.net

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