Fu Wah New Zealand & Hyatt Enter Agreement for New 190-room Park Hyatt Auckland, to Open 2017

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. November 26, 2014

CHICAGO - November 26, 2014 - Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Fu Wah New Zealand for a Park Hyatt hotel in Auckland, New Zealand. Expected to open in 2017, Park Hyatt Auckland will mark Hyatt's return to New Zealand, and the first Park Hyatt-branded hotel to open in Auckland.

"This has been an exciting year for the Park Hyatt brand, and we are honored to collaborate with Fu Wah New Zealand on this landmark luxury development," said Ratnesh Verma, senior vice president, real estate and development, Asia Pacific, Hyatt. "Fu Wah New Zealand believes in the Park Hyatt brand, having recently purchased Park Hyatt Melbourne, and we are confident Park Hyatt Auckland will provide guests with the luxurious accommodations, culinary expertise and high-quality service for which the Park Hyatt brand is known. We remain committed to growing the brand in culturally rich cities like Auckland."

Park Hyatt Auckland will feature 190 luxurious guestrooms, three restaurants and bars, event spaces, a spa, a 25-meter pool, and a fitness center. Park Hyatt Auckland will be nestled in a prime waterfront location on Auckland Harbour, which is expected to undergo a major revitalization to turn the area into a world-class leisure, entertainment, culture, and dining destination.

The announcement of the Park Hyatt Auckland development complements a milestone year for the Park Hyatt brand globally, with the opening of Park Hyatt Vienna in June, followed by Park Hyatt New York in August. In addition to these recent openings, there are 16 previously announced Park Hyatt hotels currently in development around the world.

About Park Hyatt

Park Hyatt hotels provide discerning, affluent business and leisure guests with elegant and luxurious accommodations. Guests of Park Hyatt hotels receive highly attentive personal service in an intimate environment. Located in several of the world's premier destinations, each Park Hyatt hotel is custom designed to combine sophistication with a distinctive regional character. Park Hyatt hotels feature well-appointed guestrooms, meeting and special event spaces for groups, critically acclaimed art, food and beverage programs and signature restaurants featuring award-winning chefs. There are currently 34 Park Hyatt hotels in the following locations: Abu Dhabi, Beaver Creek, Beijing, Buenos Aires, Busan, Canberra, Carlsbad, Changbaishan, Chennai, Chicago, Dubai, Goa, Hamburg, Hyderabad, Istanbul, Jeddah, Maldives, Melbourne, Mendoza, Milan, Moscow, New York, Ningbo, Paris, Saigon, Seoul, Shanghai, Siem Reap, Sydney, Tokyo, Toronto, Vienna, Washington D.C. and Zurich. For more information, visit parkhyatt.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 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 develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place®, Hyatt House®, Hyatt Zilara™, Hyatt Ziva™, Hyatt Residences® and Hyatt Residence Club® brand names and have locations on six continents. As of September 30, 2014, the Company's worldwide portfolio consisted of 573 properties in 48 countries. For more information, please visit www.hyatt.com.