Lin Schatz Appointed as General Manager of Andaz Mayakoba Resort

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. October 20, 2016

RIVIERA MAYA, MX. October 20, 2016 - The new Andaz Mayakoba Resort Riviera Maya, set to open December 2016 in Riviera Maya, Mexico is pleased to announce the appointment of Lin Schatz as General Manager, leading the opening of the property and managing all aspects of the pre-opening stages of development. In his new role, Schatz will also be responsible for overseeing all property operations.

“I am thrilled to lead the opening efforts here at Andaz Mayakoba Resort in Riviera Maya, Mexico and to be working at this incredible resort,” said Schatz. “The pristine, eco-friendly destination of Mayakoba itself is yet to be fully discovered and true to the Andaz brand, we are excited to showcase elements of the destination and local Mexican culture in all aspects of the property from local partnerships, unique design and art on the walls to indigenous spa treatments, local cuisine, area experiences, authentic hospitality and more.”

A hospitality and Hyatt veteran, Schatz began his career with Hyatt Hotels Corporation more than 25 years ago. Prior to joining Andaz Mayakoba Resort, Schatz most recently served as General Manager at Andaz West Hollywood in Los Angeles and numerous other locations including Hyatt Key West where he was nominated for General Manager of the Year - Small Hotels.

A native of Illinois, Schatz has a Bachelor of Science degree in Business Management from Illinois State University. Schatz has served as Chair for the Board of Directors for 'Visit West Hollywood', participated on the Board of Directors for the West Hollywood Chamber of Commerce and has actively contributed to local charities and volunteered with community organizations focused on helping children. Lin loves to travel around the world and experience every destination as a local. Schatz is enjoying exploring and getting to know beautiful Mexico.

Andaz Mayakoba Resort Riviera Maya will bring an exciting new experience to the internationally acclaimed eco-destination, immersing guests in a hidden paradise with six miles of freshwater canals surrounded by exotic mangroves, flora and fauna as well as tropical birds. The premium oceanfront property will offer 214 guestrooms including 41 luxury suites, as well as a 10,000 square-foot spa, four unique restaurants and bars, three outdoor pools and a pristine white sanded Caribbean beach. The inspiring, natural setting of the resort will bring to life locally inspired and indigenous experiences, cuisine and personalized service.

“Lin is a perfect fit to head up the opening of Andaz Mayakoba Resort, which marks the brand's debut in Mexico,” said Myles McGourty, Senior Vice President Operations, Hyatt Latin America & Caribbean. “With his invaluable hotel management experience and numerous leadership roles within Hyatt, in particular with sister property Andaz West Hollywood, we know he will guide the resort to an extremely successful opening and beyond, in addition to strengthening awareness of the Andaz brand and Mayakoba as a destination.”

FORWARD-LOOKING STATEMENTS

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about our plans, strategies, occupancy and ADR trends, market share, the number of properties we expect to open in the future, our expected adjusted SG&A expense, our estimated comparable systemwide RevPAR growth, maintenance and enhancement to existing properties capital expenditures, investments in new properties capital expenditures, depreciation and amortization expense and interest expense estimates, financial performance, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, oil spills, nuclear incidents and global outbreaks of pandemics or contagious diseases or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance guarantees in favor of our third party owners; the impact of hotel renovations; our ability to successfully execute our common stock repurchase program; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through Internet travel intermediaries; changes in the tastes and preferences of our customers, including the entry of new competitors in the lodging business; relationships with colleagues and labor unions and changes in labor laws; financial condition of, and our relationships with, third-party property owners, franchisees and hospitality venture partners; the possible inability of third-party owners, franchisees or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); unforeseen terminations of our management or franchise agreements; changes in federal, state, local or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of industry consolidation, and the markets where we operate; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

About Andaz Mayakoba Resort Rivera Maya

The newest addition to idyllic Mayakoba, Andaz Mayakoba Resort in Rivera Maya, Mexico will introduce guests to a hidden paradise - a place where style meets nature in an innovative hospitality experience. The resort's breathtaking design reflects the native Mayan culture and will feature 214 guestrooms, including 41 luxury suites. Stimulating upscale experiences entertain guests, whether immersing in a lushly preserved mangrove environment, sunbathing in one of three outdoor pools, relaxing in the 10,000 square-foot Naum spa or unwinding on the pristine white sanded Caribbean beach. Additionally, four unique restaurants and bars will offer the distinguished culinary experiences for which Andaz® hotels are known for, and all with stunning views of the pools, lagoon, and ocean. Andaz Mayakoba Resort will bring to life locally inspired and indigenous experiences and authentic Mexican hospitality. For more information, please visit andazmayakoba.com.

About Andaz

Global in scale while local in perspective, Andaz hotels weave the sights, sounds and tastes of their surroundings into each property for an experience that truly immerses guests in the eclectic culture of each local destination. Through personalized, unscripted service, Andaz creates a barrier-free environment where guests are encouraged to explore their personal sense of style and become inspired by the spirit of the community. Twelve Andaz hotels are currently open: Andaz 5th Avenue and Andaz Wall Street in New York, Andaz San Diego, Andaz West Hollywood, Andaz Napa, Andaz Savannah, Andaz Maui at Wailea, Andaz Peninsula Papagayo in Costa Rica, Andaz London Liverpool Street, Andaz Amsterdam Prinsengracht, Andaz Xintiandi in Shanghai and Andaz Tokyo Toranomon Hills. Head to Andaz Salon to see evocative content from Cultural Insiders, unique events and stunning photos that bring to life the creative spirit and local influences of Andaz. For more information, please visit www.andaz.com.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 12 premier brands and 667 properties in 54 countries, as of June 30, 2016. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry. 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 Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric™, The Unbound Collection by Hyatt™, Hyatt Place®, Hyatt House®, Hyatt Ziva™, Hyatt Zilara™ and Hyatt Residence Club® brand names and have locations on six continents. For more information, please visit www.hyatt.com.

Contact:
Emma Silverman
[email protected]
646-780-0159