Our Company

Our Company

Our Mission

Our mission is to provide authentic hospitality by making a difference in the lives of the people w e touch every day, includi ng our associates, guests and ow ners.

Our Goals

Our goal is to be the most preferred br and in each customer segment that w e serve for our associates, guests and ow ners.

Our History

Hyatt w as founded by Jay P r itzker in 1957 w hen he purchased the Hyatt House motel adjacent to the Los Angeles International Airport. Over the follow ing decade, Jay P ritz ker and his brother Donald P r itzker, w orking together w ith other

P r itzker family business interests, grew the company into a North A mer ican management and hotel ow nership company, which became a public company in 1962. In 1968, Hyatt International w as formed by P r itzker family business interests and subsequently became a separate public company. Hyatt Corporation and Hy att International Corporation w ere taken private by the P r itzker family business interests in 1979 and 1982, respectively.

P r ior to June 30, 2004, Hyatt Corporation, w hich primarily cons isted of the North A merican hotel management and franchise companies, w as ow ned by HG, Inc. (HG). H Group Holding, Inc. (H Group), w hich is ow ned by P r itzker family business interests, ow ns HG. In addition to ow ning Hyatt Corporation, HG ow ned various other North A merican hospitality related businesses (primarily consisting of hotel properties and the vacation ow nership business) and on June 30, 2004 contr ibuted these hospitality related businesses to Hyatt Corporation. Follow ing such contribution, the stock of Hyatt Corporation w as distributed to the P r itzker family business int erests that ow ned H Group. We refer to this transaction as the “June 2004 Transaction.”

Follow ing the June 2004 Transaction, substantially all of the hospitality assets ow ned by P ritz ker family business interests, including Hyatt Corporation and Hyatt International Corporation, w ere consolidated under a single entity. On August 4, 2004, Global Hyatt, Inc. w as incorporated in Delaw are and subsequently changed its name to Global Hyatt Corporation. On December 31, 2004, pursuant to a Master Contribution Agreement, the stock of Hyatt Corporation and the stoc k of AIC Holding Co. (A IC), the ow ner of Hyatt International Corporation and other international hospitality related assets and operations, as w ell as hospitality related assets and oper ations held by certain other entities ow ned by P ritz ker family business interests, w ere contributed to Global Hyatt Corporation by their respective ow ners in exchange for shares of Global Hyatt Corpor ation common stock. As a result of this transaction, Hyatt Corporation, A IC and Hyatt International Corporation became w holly-ow ned subsidiaries of Global Hyatt Corporation. The contribution w as reflected as a transaction betw een entities under common control as of January 1, 2004. On June 30, 2009, Global Hyatt Corporation changed its name to Hyatt Hotels Corporation.

On November 10, 2009, w e completed an initial public offering of 43,700,000 shares of our Class A common stock, of w hich selling stoc kholders sold 38,000,000 shares and w e sold 5,700,000 in connection w ith the underw ri ters’ exercise of their option to purchase additional shar es. In connection w ith the offering, our Class A common stock began trading publicly on the New York Stoc k E xchange under the sy mbol “H” on November 5, 2009.

Our Brands

Park Hy att prov ides discerning, affluent individual bus iness and leisure guests w ith elegant

and luxurious accommodations. Guests of P ar k Hyatt receive highly attentive personal service

in an intimate environment. Located in many of the w orld's premier destinations, each Par k

Hyatt is custom designed to combine sophistication w ith distinctive regional character. P ar k

Hyatt features w ell-appointed guestrooms, meeting and spec ial event spaces for smaller groups, critically acclaimed art programs and signature restaur ants featuring aw ard-w inning chefs.

Andaz is a hotel w here our guests experience a vibrant yet relaxed atmosphere geared

tow ards today's individual business and leisure travelers. E ach hotel is designed to reflect the unique cultural scene and spirit of the surrounding neighborhood. The hotels also feature a unique service model that removes a number of de-personalized aspects of a typical hotel experience. For example, each hotel allow s guests to check-in to the hotel more efficiently

through innovative techniques that include the use by our associates of a hand-held device for check-in. In addition, a laptop is available in the lobby area, know n as the Andaz Lounge, upon arrival that allow s the guest to chec k themselves into the hotel. During this chec k-in process and throughout a guest's stay, complimentary beverages remain available in the Lounge. We have also simplified pr icing for our guests as the room rate includes internet access, local phone calls and non-alcoholic beverages and snacks in the room.

Grand Hyatt featur es large-scale, distinctive hotels in major gatew ay cities and resort destinations. With presence around the w orld and critical mass in Asia, Grand Hyatt hotels

provide sophisticated global business and leisure travelers w ith upscale accommodations. Signatur e elements of the Grand Hyatt inc lude dramatic architecture, innovative dining options, state of the art technology, spa and fitness centers and comprehens ive business and meeting facilities appropriate for corporate meetings and social gatherings of all sizes.

Hyatt Regency offers a full range of services and facilities tailored to serve the needs of meeting planners, business travelers and leisure guests. P r operties generally range in size from over 2,000 rooms and are conveniently located in urban, suburban, airport, convention

and resort destinations around the w orld. Hyatt Regency convention hotels feature spacious meeting and conference facilities designed to prov ide a productive environment. Hyatt Regency hotels in resort locations cater to couples seeking a getaw ay, families enjoying a vacation together and corporate groups seeking a relaxed atmosphere in w hich to conduct business and meetings.

Hyatt hotels are s maller-sized properties conveniently located in prox imity to diverse bus iness and leisure areas. With hotels typically ranging from 150 to 350 rooms, Hy att hotels offer guests the opportunity to experience our signature service and hospitality in a v ibrant environment. Customers inc lude indiv idual business and leisur e travelers, and Hyatt hotels can accommodate s maller scale business meetings and social gather ings.

Hyatt Place is designed for the busy lifestyle of today's multi-tasking business traveler and

features a selected range of services aimed at prov iding casual hospitality in a w ell-designed, high-tech and contemporary environment. P r operty sizes typically range from 125 to 200 rooms and are located in urban, airport and suburban areas. Signature features of Hyatt Place include The Gallery, w hich offers a coffee and w ine bar, a 24 hours per day, seven days per week guest kitchen w ith freshly prepared snac ks and entrees, and daily complimentary continental breakfast. Hyatt Place guests are business travelers as w ell as families. Hy att Place properties are also w ell suited to serve s mall corporate meetings.

Hyatt recently announced it w ill rebrand it's entire portfolio of Hyatt Summerfield Suites to the Hyatt House brand.

Hyatt House? is a distinctive hotel concept that w ill evolve Hyatt's extended-stay model into a social and modern env ironment w here guests feel like residents of an upscale apartment community. Inspired by extens ive research of guest experiences, Hyatt House is des igned to surprise and delight w ith form and function that w ill remind guests of home. Featuring studios and one- and tw o-bedroom kitchen suites, Hyatt House boasts unexpected amenities and services, including indoor and outdoor social spaces, a living room-like lounge and an Open House w ith extended hours and cocktails and light fare for purchase. Hyatt House w ill replace Hyatt Summerfield Suites and w ill stand out from other hotels in the select- and extended-stay category, making it attractive for developers w ho w ant to add preferred brands to their portfolios.

Hyatt Residence Club, w hich is changing its name from Hy att Vacation Club, prov ides members w ith vacation ow nership opportunities in regionally inspired and designed residential-style properties w ith the quality of the Hyatt brand. Members pre-purchase time at a Hyatt

Res idence Club property and have the flexibility of usage, exchange and rental. Hyatt

Res idence Club members can choose to occupy their vacation home, to exchange time among 15 Hyatt Residence Clubs, to trade their time for Gold Passport points or to travel w ithin the Hyatt system. Alternatively, members can exchange their time for time at properties participating w ithin Interval International's pr ogram, a third-party company w ith over 2,500 resorts in its exchange netw ork w orldw ide.