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Hyatt Announces Plans For Hyatt Place Asheville NC

Hyatt-placeHyatt Hotels Corporation (NYSE: H) announced has that a Hyatt affiliate has entered into a franchise agreement with Parks Hospitality Group for Hyatt Place Asheville/Downtown NC. The hotel will be owned and managed by Parks Hospitality Group, and it is scheduled to open in 2015.

Located in the heart of Downtown Asheville, Hyatt Place Asheville/Downtown NC will be conveniently located walking distance from the city center’s numerous restaurants, dining, shops, and entertainment options. Hotel will feature a roof top bar and event space with stunning panoramic views of the stunning Blue Ridge Mountains. The 138-room hotel will feature the Hyatt Place brand’s distinct amenities:

• Spacious guestrooms, all of which will feature a swiveling 42-inch HDTV, the plush Hyatt Grand Bed® and a Cozy Corner sectional sofa
• Free Wi-Fi everywhere
• Complimentary a.m. Kitchen Skillet TM for guests, featuring freshly prepared breakfast sandwiches, a variety of fresh fruits, hot and cold cereal, yogurt, breads, premium coffee and an assortment of juices
• 24/7 Gallery Menu & Market serving made-to-order entrees and appetizers around the clock
• A Coffee to Cocktails Bar featuring specialty coffees and premium beers, as well as wines and cocktails

“We are delighted to add the strength and innovation of the Hyatt brand to our growing portfolio. Hyatt Place Asheville/Downtown NC will be the ideal location for leisure and business travelers to enjoy and explore the architectural history, culinary options and arts presence in the Asheville area,” said Trevor Walden, vice president of sales & marketing, Parks Hospitality Group.

“It is wonderful to present the award-winning Hyatt Place brand to one of the most vibrant destinations in North Carolina in collaboration with Parks Hospitality Group,” said Brett Lasher, vice president of real estate & development, Hyatt Hotels & Resorts. “We are eager to introduce and share Hyatt’s authentic hospitality and unique experiences with travelers to the area.”

As of September 30, 2013, Hyatt Hotels & Resorts’ executed contract base consisted of approximately 200 hotels across all brands and regions in which Hyatt hotels operate. For more information, please visit www.hyattdevelopment.com.

About Hyatt Place
Launched in 2006, Hyatt Place brings to the upscale select service hotel category the authentic hospitality for which Hyatt is known. Inspired by multitasking travelers’ 24/7 lifestyle, Hyatt Place combines stylish design and practical amenities with forward-thinking technology and purposeful service. Roomy rooms feature multiple areas to work and relax, and include the in-room Cozy Corner; plush Hyatt Grand Bed®; and separate work space. Guests can also enjoy free Wi-Fi and remote printing everywhere, 24-hour StayFit Gym, Coffee to Cocktails Bar offering beverages made with specialty coffees and a variety of premium beers, wine and cocktails, and a Grab ‘n Go case stocked with freshly made sandwiches and salads. The 24/7 Gallery Menu offers freshly prepared meals any time day or night, in addition to the complimentary a.m. Kitchen SkilletTM served daily with a stay, featuring hot breakfast items, fresh fruit and more. Specially trained Gallery Hosts are on hand to offer assistance with everything from directions to check-in to a freshly made meal.

Hyatt Place, a brand of Hyatt Hotels Corporation, offers more than 180 locations in the United States, Costa Rica and India. For Hyatt Place information or to make a reservation, call 1-888-HYATT-HP (888-492-8847) or visit www.HyattPlace.com.

About Parks Hospitality Group
Parks Hospitality Group owns and manages four hotels in North Carolina totaling 416 rooms, employing over 150 associates. They currently have two hotels in development in Wilmington and Asheville, North Carolina and are proud franchise partners with Hilton Worldwide, Marriott International and Hyatt. For more information please visit www.parkshotels.com

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®, Hyatt House®, Hyatt ZilaraTM, and Hyatt ZivaTM brand names and have locations on six continents. Hyatt Residential Group, Inc., a Hyatt Hotels Corporation subsidiary, develops, operates, markets or licenses Hyatt ResidencesTM and Hyatt Residence ClubTM. 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.

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