SFO Breaks Ground on New Grand Hyatt Hotel

Construction begins for on-airport luxury hotel, slated to open July 2019

. June 26, 2017

SAN FRANCISCO, CA. June 26, 2017 - San Francisco International Airport (SFO) today hosted a groundbreaking event to celebrate the start of construction on Grand Hyatt at San Francisco International Airport, a new luxury hotel located on airport grounds, expected to open in July 2019. San Francisco Mayor Ed Lee, SFO Airport Director Ivar Satero and Pete Sears, Group President - Americas, Hyatt, celebrated the occasion with local community and industry leaders at the site of the new hotel.

“We want our visitors to see the how great San Francisco is, and that experience starts the moment you step off the plane,” said San Francisco Mayor Ed Lee. “The San Francisco International Airport reflects the innovative spirit of our City, and the Grand Hyatt will be a wonderful new addition. We are improving the San Francisco visitor experience once again by adding a hotel that is both thoughtfully designed and environmentally sustainable.”

Grand Hyatt at SFO will feature 351 rooms, 15,000 square feet of flexible meeting space, a selection of full-service and casual restaurants, a Grand Club lounge and an extensive fitness center. The hotel is being designed to achieve both a four-star designation and Leadership in Energy and Environmental Design (LEED) Gold certification for environmentally sustainable design and operation.

“We are delighted to be creating this outstanding amenity for our travelers,” said Airport Director Ivar Satero. “Grand Hyatt at SFO reflects our passionate commitment to provide our guests with an exceptional airport experience with facilities and service that are innovative, intuitive and sustainable.”

Located at the entrance to SFO, the 4.7-acre hotel site is close to terminal buildings and parking garages and enjoys direct access to the AirTrain light rail system. SFO will construct and own the property, with Hyatt managing the property under the Grand Hyatt brand.

“We are excited to grow Hyatt's footprint in the bay area,” said Pete Sears, Group President - Americas, Hyatt. “With the team at SFO, we are one step closer to opening this luxury hotel and positively impacting the community by creating jobs and operating the hotel with the help of many local businesses as our suppliers, vendors and partners.”

The $237 million Grand Hyatt at SFO is being designed by San Francisco-based architecture firm Hornberger + Worstell with ED2 International, and constructed by Webcor Builders. The construction is expected to provide 350 jobs followed by an anticipated 200 hospitality jobs once the hotel opens.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 13 premier brands. As of March 31, 2017, the Company's portfolio included 708 properties in 56 countries. 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®, Miraval®, 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. 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 the issuer of this release, are inherently uncertain. You are cautioned not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. Neither the issuer of this release nor any other entity associated with it or its subject matter undertakes 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 one or more forward-looking statements is updated, no inference should be drawn that any additional updates will be made with respect to those or other forward-looking statements.

About San Francisco International Airport

San Francisco International Airport (SFO) offers non-stop flights to more than 49 international cities on 41 international carriers. The Bay Area's largest airport connects non-stop with 80 cities in the U.S. on 13 domestic airlines. SFO is proud to offer upgraded free Wi-Fi with no advertising. For up-to-the-minute departure and arrival information, airport maps and details on shopping, dining, cultural exhibitions, ground transportation and more, visit www.flysfo.com. Follow us on www.twitter.com/flysfo and www.facebook.com/flysfo.

Contact:
Doug Yakel
Public Information Officer
External Affairs Office
San Francisco International Airport
[email protected]
650-821-4000

Business Contact:

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