Hyatt Place Phuket, Patong Celebrates Official Opening

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Introducing a new 161-room Hyatt Place hotel located in the heart of
Phuket

CHICAGO–(BUSINESS WIRE)–#hyattplaceHyatt
and Boutique Corporation Ltd. announce the opening of Hyatt
Place Phuket, Patong
on the island of Phuket, Thailand. The 161-room
beachside hotel marks the first Hyatt Place hotel in Southeast Asia, and
features the Hyatt Place brand’s stylish design, casual atmosphere and
practical amenities such as free Wi-Fi and 24-hour food offerings.


The Hyatt Place brand is rooted in extensive consumer insights
indicating that guests seek stylish, comfortable, seamless experiences
that accommodate their lifestyles and familiar routines. To embody this,
the brand offers casual hospitality and purposeful service in a smartly
designed, high-tech and contemporary environment.

“Thailand continues to be an important market for Hyatt, and Phuket is
one of Southeast Asia’s premier tourist destinations where demand from
both leisure and business visitors continues to grow,” said David Udell,
group president – Asia Pacific, Hyatt Hotels Corporation. “Hyatt Place
Phuket, Patong is the second Hyatt-branded hotel in Phuket, and we
believe the hotel will exceed guest expectations and provide them with
everything they need while visiting this beautiful island in the Andaman
Sea.”

Hyatt Place Phuket, Patong is strategically located in the heart of
Phuket overlooking the stunning white sand and sapphire blue sea of
Patong Beach. The seafront is a short walk from the hotel and has
spectacular panoramic views across the bay. Tucked away from the city
center, the hotel provides guests with a sense of tranquility, yet also
offers easy access to Patong’s entertainment options and activities like
golf, diving and other water sports.

“We are delighted to officially open Hyatt Place Phuket, Patong, which
marks the Boutique Corporation’s first hotel in Phuket and an important
milestone in our company’s real estate portfolio in Thailand,” Prab
Thakral, president and group chief executive officer of Boutique
Corporation Ltd. “We plan to expand and add more hotel developments in
Phuket to the company’s portfolio. We are confident that Hyatt Place
Phuket, Patong will gain loyal travelers through the exceptional guest
experience and excellence in service and food and beverage offerings for
which Hyatt is known.”

Hyatt Place Phuket, Patong offers:

  • 161 spacious guestrooms with separate spaces to sleep, work and
    relax, as well as a Cozy Corner sofa-sleeper, including 10
    specialty guestrooms, which offer ocean views and balconies
    overlooking the Andaman Sea
  • Free Wi-Fi everywhere
  • Gallery Kitchen Breakfast, a complimentary hot breakfast for
    guests available daily in the Gallery Kitchen, features eggs, noodles,
    dim sum, fresh fruit, oatmeal, yogurt, cereal, fresh-baked pastries,
    and more
  • 24/7 Gallery Menu & Market serving freshly prepared
    meals anytime, day or night and perfectly packaged sandwiches and
    salads
  • Coffee to Cocktails Bar featuring specialty coffees and premium
    beers, as well as wines and cocktails
  • Odds & Ends program for forgotten items that guests can
    buy, borrow or enjoy for free
  • Meetings Spaces offer more than 400 square feet of flexible,
    high-tech meeting/function space
  • Outdoor pool features an infinity edged pool with wading area
    with extended opening hours from 6am to 10pm
  • 24-hour StayFit Gym featuring cardio equipment with LCD
    touchscreens and free ear buds

Hyatt Place Phuket, Patong joins three Hyatt-branded hotels currently
open in Thailand, including Grand
Hyatt Erawan Bangkok
, Hyatt
Regency Hau Hin
and Hyatt
Regency Phuket Resort
. Additionally, there are three hotels under
development in Thailand, including Park
Hyatt Bangkok
, which is expected to open in late 2016, Hyatt
Regency Bangkok, Sukhumvit
and Hyatt
Place Bangkok, Sukhumvit
.

To learn more about Hyatt Place Phuket, Patong, or to make a
reservation, visit www.phuketpatong.place.hyatt.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 PLACE

Hyatt Place, a brand of Hyatt Hotels Corporation, combines style,
innovation and 24/7 convenience to create a seamless stay with modern
comforts. There are more than 245 Hyatt Place locations in the United
States, Armenia, Chile, China, Costa Rica, Honduras, India, Mexico,
Morocco, Nicaragua, Panama, Puerto Rico, The Netherlands, and United
Arab Emirates. To learn more about Hyatt Place hotels or to make a
reservation, visit www.hyattplace.com
or call 1-888-HYATT-HP (888-492-8847).

Join the conversation on Facebook and Instagram,
and tag photos with #HyattPlace and #TheresAPlaceForYou.

ABOUT BOUTIQUE CORPORATION LTD.

Boutique Corporation Ltd. is a leading property developer in Thailand,
focusing on high quality serviced residences and hotels. The
group currently owns multiple hospitality assets under the brands
Citadines, Oakwood and Hyatt Place in major Thai cities such as Bangkok,
Pattaya and Phuket. Additionally, Boutique Corporation has
diversified into the retail development sector with Rain Hill on
Sukhumvit 47, an award winning community mall.

ABOUT HYATT HOTELS CORPORATION

Hyatt Hotels Corporation (NYSE: H), headquartered in Chicago, is a
leading global hospitality company with a portfolio of 12 premier brands
and 652 properties in 53 countries as of March 31, 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.

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 our actual results,
performance or achievements 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; the 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 the 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; changes in the competitive
environment in our industry, including as a result of industry
consolidation, and the markets where we operate; general volatility of
the capital markets and our ability to access such 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 U.S. Securities and Exchange Commission.
These factors are not necessarily all of the important factors that
could cause our actual results, performance or achievements to differ
materially from those expressed in or implied by any of our
forward-looking statements
. We caution you not to place undue
reliance on any forward-looking statements, which are made only as of
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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.

Contacts

Siân Martin
Hyatt
+1 312 780 5797
sian.martin@hyatt.com
or
Karen
Chung
Hyatt – Asia Pacific
+852 2768 1234
karen.chung@hyatt.com