Hyatt Executes on Growth Strategy with Four Hotels in France

  Hyatt Executes on Growth Strategy with Four Hotels in France

 Hyatt announces signing of management agreements for hotels in Paris, Cannes
and Nice; locations include iconic and historic buildings dating back to 1855

Business Wire

CHICAGO -- February 1, 2013

Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has
signed management agreements with affiliates of Constellation Hotels Holding
Ltd., adding four hotels in France and more than doubling the number of Hyatt
locations in the country.

The agreements will enable Hyatt to establish and enhance brand representation
in highly visible locations in some of Europe’s key high-barrier-to-entry
markets, consistent with the company’s strategy of increasing the long-term
presence of its brands in gateway cities.

The hotels, which will be converted to Hyatt brands beginning in April 2013,
will add more than 1,700 rooms to Hyatt’s existing hotel portfolio in France,
which includes Park Hyatt Paris Vendome, Hyatt Paris Madeleine and Hyatt
Regency Paris Charles de Gaulle. The hotels will be rebranded as follows:

  *Hotel Martinez will be rebranded Grand Hyatt Cannes Hotel Martinez
  *Palais de la Mediterranée Hotel and Casino will be rebranded Hyatt Regency
    Nice Palais de la Mediterranée
  *Concorde Lafayette will be rebranded Hyatt Regency Paris Etoile
  *Hotel du Louvre will enter the Hyatt brand family with its identity intact
    and will be marketed initially as Hotel du Louvre. Following a renovation,
    the hotel is to become an Andaz.

Each of the four hotels will undergo a renovation. All hotels can be booked
via Hyatt’s reservation systems beginning in April.

The hotels are based in some of France’s most sought-after locations, from the
most prestigious tourist destinations and commercial districts in Paris to the
exclusive Boulevard de la Croisette in Cannes and the Promenade des Anglais in

Peter Fulton, Group President, EAME/Southwest Asia for Hyatt, commented: “We
continue to grow in a thoughtful way, focusing on the key destinations where
Hyatt guests are traveling. Paris and Cannes are France’s two most important
cities for business and leisure travel, and Nice is one of the most in-demand
resort areas in the world.

“We look forward to becoming good stewards of these hotels, each of which has
a proud and long-established cultural heritage. With the strength of our
service culture, the relevance of our brands to today’s global travelers, the
depth of our operational expertise, and the reach of our reservation systems
and loyal guest network, we believe Hyatt will bring great value to these
hotels, to their new owners and to our new associates.”

Peter Norman, Senior Vice President, Real Estate and Development, EAME for
Hyatt, said: “There is significant demand for our brands in Europe, and we are
delighted to expand our representation in these high-barrier-to-entry markets
with a single transaction. These destinations have consistently high demand –
according to the Paris Convention and Visitors office, Paris alone is the
largest hotel market in Continental Europe – which gives us a fantastic
opportunity to increase awareness of all Hyatt has to offer.”

Zaki El Guiziri, Co-Chief Executive Officer, Constellation Hotels Holding
Ltd., said: “Hyatt has a reputation for excellence around the world and we
believe their expertise and brand reputation will add significant value to an
already impressive collection of hotels. We are looking forward to executing
significant renovation work at the hotels in order to maintaintheir
historical position as world-class properties.”

Hotel Overview

Hyatt Regency Paris Etoile (Concorde Lafayette)

Easily accessible from all of Paris’ major tourist and business districts,
Concorde Lafayette is the only hotel with direct access to Palais des Congrès
– the largest conference venue in Europe – and hosts approximately 120
conferences per year. The hotel offers 950 guestrooms, including 21 suites,
and features a concierge club, two bars, two restaurants and 37,000 square
feet of conference space. Hyatt Regency Paris Etoile will offer a full range
of services and dining options to business and leisure travelers.

Grand Hyatt Cannes Hotel Martinez (Hotel Martinez)

Situated in a prime location on the exclusive Boulevard de la Croisette,
overlooking the Bay of Cannes and the Mediterranean Sea, Hotel Martinez
benefits from Cannes’ status as France’s second most important city for
business tourism and is one of the prime destinations for exhibitions and
conventions. The hotel consists of 409 guestrooms, including 27 suites, and
features a private beach and the only 2-star Michelin gastronomic restaurant
in Cannes. With nearly 27,000 square feet of conference space, it is one of
the city’s largest conference facilities. Grand Hyatt Cannes Hotel Martinez
will provide sophisticated, upscale accommodations to business and leisure

Hyatt Regency Nice Palais de la Mediterranée(Palais de la Mediterranée Hotel
and Casino)

The hotel boasts an excellent location in the city center and prominent beach
frontage. Palais de la Mediterranée Hotel and Casino consists of 188
guestrooms, including 12 suites, many of which have individual terraces with
unobstructed views of the sea. It also offers extensive conference and
banqueting facilities totaling 20,000 square feet. Hyatt Regency Nice Palais
de la Mediterranée will offer a full range of services and dining options to
business and leisure travelers.

Hotel du Louvre

Centrally located in one of the most sought-after tourist and commercial
districts in Paris, this highly visible historic building is well served by
restaurants, high-end shops and art galleries. Following a two-to-three year
renovation, the hotel is to become an Andaz.

For more information, please see the related presentation, which can be
accessed by selecting ‘Presentations’ on the News & Events section on Hyatt’s
Investor Relations website,

Note to Editors

Images are available; please contact Amy Patti at

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a proud heritage of making guests feel more than
welcome. Thousands of members of the Hyatt family strive to make a difference
in the lives of the guests they encounter every day by providing authentic
hospitality. The Company’s subsidiaries manage, franchise, own and develop
hotels and resorts under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt
Regency®, Hyatt Place® and Hyatt House^TM brand names and have locations on
six continents. Hyatt Residential Group, Inc., a Hyatt Hotels Corporation
subsidiary, develops, operates, markets or licenses Hyatt Residences^TM and
Hyatt Residence Club^TM. As of September30, 2012, the Company's worldwide
portfolio consisted of 496 properties in 45 countries. For more information,
please visit

About Constellation Hotels Holding Ltd.

Constellation is a Luxembourg-based holding company, whose main focus is the
long-term investment and development of real estate and hotels across the
globe.Constellation currently holds a portfolio of five-star hotels and
office buildings in the main European capitals.


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Hyatt Hotels Corporation
Malene Rydahl
+33 1 53 45 2838
Amy Patti
+1 312 780 5620
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