Hyatt Signs With TTS Resorts to Develop 345-Room Grand Hyatt Hotel in St. Lucia

USA, Chicago, Illinois. October 21, 2020

Hyatt Hotels Corporation (NYSE: H) announced that a Hyatt affiliate has entered into a management agreement with TTS Resorts LTD. for the first Hyatt-branded hotel in St. Lucia. The 345-room luxury Grand Hyatt hotel is expected to open in 2023 and signifies Hyatt's continued brand growth into the Caribbean's leading travel destinations. A new-build resort, Grand Hyatt St. Lucia will be located on the southwestern corner of the island in Sunset Bay, Choiseul.

Grand Hyatt St. Lucia will be a captivating destination, featuring 345 guestrooms, including more than 50 luxury suites; three restaurants that will feature world-class chefs and iconic dishes reflective of the destination; three bars, including a lobby lounge, pool bar and beach-side bar; a 8,000 square foot destination spa and fitness center to connect guests with their physical and mental wellbeing; three swimming pools; and more than 23,000 square feet of dynamic, state-of-the-art gathering spaces designed to handle events of any size and kind. Additional offerings and amenities will include a kid's club and activity center, retails shops and an ultramodern screening room.

"Tourism development is a key driver of economic growth and a priority for the island of St. Lucia, and we are thrilled to collaborate with the team at TTS Resorts LTD. to bring the iconic Grand Hyatt brand to one of the Caribbean's most popular tourist destinations," said Camilo Bolaños, vice president of development and real estate. "Set to be the premier luxury resort in St. Lucia, the new Grand Hyatt hotel is expected to provide both leisure and business guests with superior service within a multicultural backdrop of dramatic architecture, innovative restaurants, luxury spa and wellbeing facilities and sophisticated meeting spaces."

"It's an honor to share our vision with Hyatt on this project - the Grand Hyatt brand is renowned worldwide, and Grand Hyatt St. Lucia will be an excellent addition to this high-end, highly sought-after destination," said Lachezar Todorov, CEO of TTS Resorts LTD. "Through our more than 25 years of experience in international hospitality and tourism, we recognize this resort's potential for an unparalleled offering. Grand Hyatt St. Lucia is uniquely positioned to welcome guests from the around the world with elevated, upscale services and experiences that are authentic to the destination itself."

This resort will encompass two hilltops that will command spectacular view of St. Lucia's two famous volcanic spires, Gros Piton and Petit Piton. The Pitons are a designated World Heritage Site and will be less than 30 miles from Grand Hyatt St. Lucia, positioning the resort as an ideal starting point for excursions, tours, scuba diving, and more. Additionally, the resort will be a 30-minute drive from the island's Hewanorra International Airport (UVF).

Grand Hyatt St. Lucia follows a significant planned expansion of the Hyatt brand footprint in the Caribbean, including Grand Hyatt Grand Cayman Hotel & Residences, Andaz Turks & Caicos, Hyatt Regency Grand Reserve Puerto Rico in Puerto Rico, and Hyatt Place Santo Domingo Piantini in the Dominican Republic. This property will mark an impressive milestone in the Grand Hyatt brand's growth in the Americas, joining Grand Hyatt Baha Mar, Grand Hyatt Bogotá, Grand Hyatt Nashville, Grand Hyatt at SFO and Grand Hyatt Vail.

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