Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Times Square New York, the seventh hotel to be added to the Hyatt-branded portfolio in Manhattan. The 487-room hotel stands 54 stories high, making it the tallest newly built, freestanding Hyatt hotel in the United States. This newest addition to Hyatt’s portfolio is also the third Hyatt-branded hotel to open in Manhattan in 2013.
Slated to open in time for New Year’s Eve, the hotel’s stylish George Wong-designed eclectic diner offers a vibrant setting for meals as well as take-out service. Additional Hyatt Times Square amenities and meeting spaces are scheduled to open by early 2014.
- The 4,200 square foot spa will be the only hotel spa in the area and will feature a blowout bar, manicure and pedicure stations, signature massages and couples treatment rooms.
- The 2,000 square foot meeting center features pre-function areas and three adjacent rooms, each with a terrace and natural light as well as state-of-the-art audiovisual facilities.
- The 54th floor rooftop lounge, designed by SPAN Architecture, will delight guests with river-to-river views and indoor/outdoor fireplaces.
About Hyatt Hotels CorporationHyatt 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®, Hyatt House®, Hyatt Zilara TM , and Hyatt Ziva 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 September 30, 2013, the Company's worldwide portfolio consisted of 535 properties in 47 countries. For more information, please visit www.hyatt.com. 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. 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, the rate and 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; if our third-party owners, franchisees or development partners are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; 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 as of the date of this press release. We undertake no 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 laws. 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.