Acquisitions & Hotel Openings

Chartered Hotels Private Limited Opens Hyatt Regency Lucknow in Northern India

CHICAGO, IL. September 12, 2017 - Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Regency Lucknow, the first Hyatt-branded hotel in Lucknow, capital of the northern state of Uttar Pradesh in India. Hyatt Regency Lucknow is the 27th Hyatt-branded hotel in India and further expands the company’s brand presence in South Asia by offering enriching, authentic and diversified brand experiences for guests.

“The opening of Hyatt Regency Lucknow marks a significant milestone for the Hyatt Regency brand as it continues to expand its footprint throughout India,” said Kurt Straub, vice president, operations for India at Hyatt. “Not only is the hotel strategically located for business travelers visiting Lucknow, it is also well positioned for leisure guests who are interested in enjoying a journey through the Uttar Pradesh Heritage Arc of Lucknow, Agra and Varanasi.”

“We are delighted to announce the opening of Hyatt Regency Lucknow in the dynamic capital of the largest and most populous state of India. Chartered Hotels Private Limited remains focused on developing full service hotels across tier one and tier two cities in India for the ever growing business and leisure traveler,” said Varun Saraf, managing director, Chartered Hotels Private Limited. “The hotel's strategic location along with the food and beverage offerings and large state-of-the-art meeting and banqueting facilities will provide guests with an unforgettable experience which Lucknow has not yet seen.”

Conveniently located in the corporate hub of Vibhuti Khand, Hyatt Regency Lucknow is designed to connect business and leisure travelers to all Lucknow has to offer. The hotel is in close proximity to the city’s High Court and multiple public sector head offices, and the Chaudhary Charan Singh International Airport is less than 16 miles (25 kilometers) away. Additionally, landmarks and tourist attractions include Bara Imambara, La Martiniere College and Hazratganj Market.

“Our passionate, caring and well-trained team is ready to welcome guests to our contemporary and stylish hotel. At Hyatt Regency Lucknow, we set the stage for dynamic interactions – from a quick coffee meeting to shared culinary experiences, our guests can come together to socialize, collaborate or celebrate,” said Kumar Shobhan, general manager of the hotel. “We are confident that the hotel’s spacious accommodations, premier meeting facilities and superior service will provide an authentic experience and one-stop convenience to business and leisure travelers.”

With 206 guestrooms, including 19 suites, Hyatt Regency Lucknow offers elegantly decorated, bright and spacious accommodations. All guestrooms feature 43-inch LED HD televisions, a multi-functional workspace, a comfortable seating area, and a well-appointed bathroom. Guests staying in the Regency Club guestrooms and suites can enjoy access to the Regency Club that serves complimentary breakfast, evening cocktails and hors d’oeuvres. Other Regency Club benefits include private check-in and check-out and airport transfers.

The dining options at Hyatt Regency Lucknow include: the all-day-dining restaurant Rocca, the hotel’s specialty restaurant LukJin, which will open later this year and UP’s Lounge is a lounge during the day that transforms into a lively bar in the evening.

Siddh Spa, which will be launched subsequently, will be an Urban Spa offering beauty and wellness therapies inspired by ancient Siddha practices. Guests can choose a wellness path based on their desired state of being – Vatham, Pitham or Kapham. The spa features a four-treatment rooms and separate male and female hydro areas equipped with steam room and showers for a rejuvenating experience. The hotel also features a pool and 24-hour fitness center so that guests can maintain their fitness routine while traveling.

Hyatt Regency Lucknow is the perfect venue for a variety of events such as weddings, social banquets, exhibitions, meetings, and conferences. With more than 18,000 square feet (1,579 square meters) of flexible meeting and event facilities, including a 4,200-square foot (390-square meter) ballroom, the hotel provides thoughtfully designed multi-functional spaces with high-tech audio-visual and lighting solutions. For corporate meeting requirements there are seven breakout rooms spread over one floor with different seating capacities.

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 Regency

The Hyatt Regency brand prides itself on connecting travelers to who and what matters most to them. More than 175 conveniently located Hyatt Regency urban and resort locations in over 30 countries around the world serve as the go-to gathering space for every occasion – from efficient business meetings to memorable family vacations. The brand offers a one-stop experience that puts everything guests need right at their fingertips. Hyatt Regency hotels and resorts offer a full range of services and amenities, including the space to work, engage or relax; notable culinary experiences; technology-enabled ways to collaborate; and expert event planners who can take care of every detail. For more information, please visit hyattregency.com.

About Chartered Hotels Private Limited

Chartered Hotels Private Limited is a subsidiary of Saraf Hotels Enterprise, a family-owned hospitality company with a strong South Asian presence. Founded by Radhe Shyam Saraf in 1974, the company’s first hotel, The Yak and Yeti, opened in 1977 in Kathmandu, Nepal. The company has expanded several times over and currently has 10 operating hotels in the region. These include the iconic Grand Hyatt Mumbai, Andaz Delhi and Hyatt Regency Chennai, among others. The group also has hotels under construction in Goa (opening October 2017), Guwahati and Bhubaneswar. Hyatt Regency Lucknow will be the 11th Saraf-developed hotel in South Asia and the ninth hotel with Hyatt. Chartered Hotels Private Limited is run by Varun Saraf, a third generation hotelier, who is the company's managing director.

About Saraf Hotel Enterprises

The varied portfolio includes Hyatt Regency Kolkata, The Grand New Delhi, Hotel and Residences Goa, Hyatt Regency Ahmedabad, Hyatt Place Hampi, Hyatt Raipur, Hyatt Regency Guwahati, Hyatt Regency Lucknow, Grand Hyatt Mumbai, Andaz Delhi, Hyatt Regency Chennai, India, Bodhgaya Hotel and Convention Centre, Hyatt Regency Kathmandu, Hotel Yak, and Yeti Kathmandu.

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 June 30, 2017 the Company's portfolio included 731 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.

Contact:
Siân Martin
sian.martin@hyatt.com
+1 312 780 5797

Yasmin D. Poonegar
yasmin.poonegar@hyatt.com
+91 9004128086

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. 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 when made, are inherently uncertain, and are subject to numerous assumptions and uncertainties, many of which are outside of No. 16 Hospitality’s or Hyatt’s control, which could cause actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Forward-looking statements made in this press release are made only as of the date of their initial publication and neither party undertakes an obligation to publicly update any of these forward looking statements as actual events unfold, 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.

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