Hyatt
Hyatt
                   G LO B A L H YAT T C O R P O R AT I O N
                                   ACQUISITIONS AND DEVELOPMENT
                              a l e a d e r i n t h e c r e at i o n a n d
                   o p e r at i o n o f hot e l s , r e so rt s a n d va c at i o n
                    ow n e r s h i p p ro p e rt i e s a ro u n d t h e wor l d .
a guide for:
G L O B A L H YAT T O V E R V I E W
table of contents
                                                   g ra n d
                                                   h yat t
                                    park                                    h yat t
                                   h yat t                                r e g e n cy
                     h yat t                                                             h yat t
                    r e s o rt s
                           amerisuites                                h aw t h o r n
                                                                         suites
                                                  h yat t
                                                 va c at i o n
                                                    club
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                                     g lo b a l h yatt c o r po r ati o n
          one                        is a single holding company for all
          balance sheet.
                                     of Hyatt’s hospitality assets, including
          one management
          structure.                 domestic and international hotel
                                     operations, hotel real estate ownership
          one focus:
          h o s p i t a l i t y.     and timeshare. Global Hyatt’s growth
                                     will be driven through growth in both
                                     traditional and new Hyatt products.
          p a g e o3
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    pa r k h yat t p a r i s v e n d ô m e
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                                         pa r k h yatt
          discreet.                      hotels are small and discreet,
          refined.                       with a distinguished residential
          s o p h i s t i c at e d .
                                         style geared to the individual
                                         traveler seeking personal atten-
                                         tion, unparalleled business
                                         amenities and luxurious facilities
                                         in key worldwide destinations.
                                         Distinctive features include city-
                                         center locations, gourmet dining,
                                         exceptional concierge services
                                         and meeting facilities for intimate
                                         and high-end personalized events.
          p a g e o5
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                                                                                                           awa r d s
         “Near psychic service in
          a high design setting…”                                                                          Rated “Best International
                                                                                                           Hotel Chain” by
          PA R K H YAT T T O K Y O                                                                         Global Traveler Magazine
          T R A V E L A N D L E I S U R E , T + L 500 L I S T
                                                                                                           Rated “Top Business Hotel Chain”
                                                                                                           by Condé Nast Traveler
          >       “A” cities with “A” locations                 >    High income                           >      Small, elegant with
          >        Stand alone building or                      >    Professionals, high level                    distinctive architecture
                   mixed use development,                            executives, celebrities                      and interior design
                   shared land plot                             >    Travel for business and
          >        Small ballroom/upscale                            leisure more than 3o                  competitive set
                   meeting facilities                                nights a year
          >        One signature restaurant,                    >    Values luxury brands                  >      Four Seasons
                   lobby lounge                                                                            >      Ritz Carlton
          >        Approximately 2oo rooms                                                                 >      Peninsula
                   (4oo-45o sq.ft./room)                                                                   >      St. Regis
          >        Oversized bathrooms with                                                                >      Mandarin Oriental
                   minimum four fixtures                                                                    >      Rosewood
          >        Highly personalized service
          clockwise
          a . pa r k h yatt pa r i s v e n d ô m e b . pa r k h yatt to k yo c . pa r k h yatt m i l a n
          d . pa r k h yatt c h icago e . pa r k h yatt zü r i c h
          p a g e o6
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    g r a n d h yat t s h a n g h a i
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                                 g r a nd h yatt
          confident.             hotels feature luxurious
          striking.              accommodations, dramatic
          magnetic.
                                 architecture and state-of-
                                 the-art technology for the
                                 sophisticated global traveler
                                 in major gateway cities
                                 and resort destinations.
                                 Grand Hyatt hotels provide
                                 extraordinary restaurants,
                                 bars, spas and fitness centers,
                                 and comprehensive business
                                 and meeting facilities.
          p a g e o9
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                                                                                                                awa r d s
         “Exemplary staff are constantly
                                                                                                                Hotels consistently placed in
          at your ‘beck and call’… ”                                                                            Travel + Leisure “T+L 5oo” list
          G R A N D H YAT T T O K Y O
                                                                                                                 Annually ranked among
          C O N D É N A S T T R AV E L E R , G O L D L I S T
                                                                                                                “World’s Best Hotels” by
                                                                                                                 senior corporate and financial
                                                                                                                 executives in Institutional
                                                                                                                 Investor’s annual survey
          >       “A” cities with “A”                          >        Upper to high level income              >       Large, dramatic interior
                   or “B” locations                            >        Professionals, senior                           lobby, wide range of restau-
          >        Stand alone building,                                and mid-level executives,                       rants and entertainment,
                   large city center presence                           upscale meetings                                extensive conference and
                   or mixed use development                    >        Travel for business                             meeting facilities
          >        Grand ballroom/junior                                and leisure more than 3o
                   ballroom with meeting rooms                          nights a year                           competitive set
          >        Multiple restaurants and                    >        View brands as symbols
                   live entertainment venues                            of high status/fashion                  >       Westin
          >        More than 3oo rooms                                                                          >       Shangri-La
                   (38o-4oo sq.ft./room)                                                                        >       Intercontinental
          >        Oversized bathrooms with                                                                     >       Sofitel
                   minimum four fixtures
          >        Immediate and attentive service
          clockwise
          a . g r a n d h yat t t o k yo b . g r a n d h yat t s e at t l e c . g r a n d h yat t b e r l i n
          d . g r a n d h yat t s h a n g h a i e . g r a n d h yat t s ã o p a u l o
          p a g e 1o
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    h yat t r e g e n cy m o n t r é a l
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                                      h yat t r e g e n cy
          energetic.                  is Hyatt’s core brand featuring
          c o n t e m p o r a ry.     classic, contemporary design
          inspiring.
                                      and unparalleled business services
                                      to meet the needs of individual
                                      business travelers and major
                                      conferences in cities around the
                                      world. Facilities and services
                                      include extensive meeting and
                                      conference centers, state of
                                      the art business centers, fully
                                      equipped fitness centers,
                                      imaginative restaurants and
                                      bars and Hyatt’s signature
                                      Regency Club.
          p a g e 13
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                                                                                               awa r d s
         “Inside this gleaming modern building… is a
          striking, soaring marble lobby. Rooms get                                            Numerous reader-endorsed
                                                                                               Successful Meetings “Pinnacle Award”
          high marks for their feather duvets, large
                                                                                               Subscriber-certified Meetings &
          bathrooms and ‘typically Turkish eye for color                                       Conventions “Gold Key Award”
          and pattern’. The service embodies hospitality”
                                                                                               Regularly rated as “Top
          H YAT T R E G E N C Y I S TA N B U L
                                                                                               Upscale U.S. Hotel Chain”
          C O N D É N A S T T R AV E L E R , G O L D L I S T
                                                                                               by Business Travel News
          >       “A” cities with “A” or “B”                   >   Middle to upper income      >      Mid to large, locally
                   locations, or “B” or “C” cities             >   Professional, managerial,          inspired architecture, state-
                   with “A” locations                              convention groups                  of-the-art convention and
          >        Prominent city center, airport              >   Travel more than                   conference facilities
                   or suburban locations, mixed                    15 nights a year
                   use development                             >   Leisure travel as           competitive set
          >        Extensive meeting space,                        extended business travel
                   facilities and services                     >   View brands as symbol of    >      Marriott
                   for large groups                                aspiration/ambition         >      Westin
          >        Lobby lounge,                                                               >      Sheraton
                   authentic restaurants                                                       >      Hilton
          >        More than 25o rooms                                                         >      Renaissance
                   (32o-38o sq.ft./room)
          >        Bathrooms with minimum
                   three and a half fixtures
          >        Consistent, professional
                   service
          clockwise
          a. hyatt regency dfw b. hyatt regency istanbul c. hyatt regency san antonio
          d. hyatt regency jersey city on the hudson
          p a g e 14
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    g r a n d h yat t k a u a i
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                                       h yat t r e s o rt s
          exotic.                      offer the ultimate escape to
          calming.                     spectacular settings which draw
          r e j u v e n at i n g .
                                       inspiration from local color
                                       and culture. Imaginative and
                                       infinitely sensory, Hyatt Resorts
                                       offer an escape to authentic
                                       and innovative spa treatments,
                                       luxury accommodations, sporting
                                       activities, family activities and
                                       local cultural adventures. From
                                       the brilliant blues of the Caribbean,
                                       to the lushness of Hawaii, the
                                       mystery of Bali, and the rugged
                                       beauty of the continental United
                                       States — Hyatt resorts offer a
                                       world of vacation experiences.
          p a g e 17
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                                                                                                                            awa r d s
         “Synonymous with hospitality… distinctive
          architecture… classically appointed interiors                                                                    Customarily crowned
                                                                                                                          “Connoisseur’s Choice” by
          enhanced by spectacular mountain and                                                                             Resorts & Great Hotels Magazine
          ocean views… the number one choice for                                                                            Named “Top Resort Brand”
          those with discriminating taste…”                                                                                 by Golf Magazine
          G R A N D H YAT T K A U A I
                                                                                                                          “Award of Excellence” by
                                                                                                                           Corporate & Incentive Travel
          E L I T E T R AV E L E R M A G A Z I N E
          >       “A” or “B” resort destinations                 >        Middle to upper income                            >        Four Seasons
                   depending on branding                                  depending on branding                             >        Ritz Carlton
          >        Stand alone, low-rise or                      >        Professionals, mid to senior                      >        St. Regis
                   vertical development                                   level executives, meetings                        >        Rosewood
          >        Extensive spa facilities with                          and incentive groups                              >        Mandarin Oriental
                   massage/treatment rooms                       >        Travel for leisure more                           >        Westin
                   and wellness centers                                   than 15 nights                                    >        Others dependent
          >        Indoor/outdoor themed                         >        View brands as symbol                                      upon destination
                   event venues, outdoor                                  of escape/indulgence
                   swimming pools
          >        Restaurants with authentic
                   regional and spa cuisine
          >        More than 2oo rooms
                   (4oo+ sq.ft./room)
          >        Indoor/outdoor
                   themed bathrooms
          clockwise
          a . h yat t r e g e n cy s c o t t s d a l e at g a i n e y r a n c h b . g r a n d h yat t b a l i c . h yat t r e g e n cy l a k e l a s v e g a s
          d . p a r k h yat t g o a e . h yat t r e g e n cy g r a n d c h a m p i o n s
          p a g e 18
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    k a r a , p a r k h yat t l o s a n g e l e s
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                                 at s p a h yat t
          authentic.             the guest is the focus in creating
          c u l t u r a l ly     a Hyatt spa experience, based
          sensitive.
                                 on meticulous local research
          pure.
                                 and distinctive, custom designs
                                 and wellness programs. Whether
                                 a resort or urban spa, Hyatt
                                 provides treatments and facilities
                                 in tranquil settings created to
                                 bring balance and harmony.
                                 Hyatt is one of the largest spa
                                 operators in the world with a
                                 prestigious portfolio including
                                 such world-renowned spas as
                                 Plateau at Grand Hyatt Hong
                                 Kong, Stillwater Spa at Park
                                 Hyatt Toronto, and Anara Spa
                                 at Grand Hyatt Kauai.
          p a g e 21
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                                                                                                                   awa r d s
         “…each treatment room is designed
          as its own self contained paradise                                                                       Repeatedly honored as
                                                                                                                  “Best Spa” in Spa Finder
          where guests can customize their                                                                        “Readers’ Choice Awards”
                                                                                                                   Prominently displayed
                                                                                                                   among top spas in the world
                                                                                                                   in Condé Nast Traveler’s
                                                                                                                  “45 Top Resort Spas”
          clockwise
          a . s e r e no s pa , p a r k h yatt g o a b . p lat e a u , g r an d h yatt ho n g ko n g c . a na r a s pa , h yatt r e g e n cy k aua i
          d . na g om i , g r a n d h yatt t o k yo e . s t i l lwat e r s pa , p a r k h yatt toro n to
          p a g e 22
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                                         amerisuites
          relaxed.                       is a leading upscale, limited
          all-suites.                    service hotel brand acquired by
          s e l e c t s e rv i c e .
                                         Hyatt in January 2oo5. All
                                         AmeriSuites hotels offer attrac-
                                         tively designed suites with upscale
                                         amenities and typically, 25%
                                         more space than a traditional
                                         hotel room. Following a
                                         repositioning, AmeriSuites will
                                         carry a new Hyatt brand and
                                         will become the upscale limited
                                         service leader in performance
                                         and profitability by means of new
                                         segment-appropriate product and
                                         service standards incorporating
                                         revolutionary technology, design
                                         and entertainment components.
          p a g e 25
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                                                                                        awa r d s
          The addition of this exciting, new, upscale
          limited service hotel brand will enable                                        Frequent Recipient of AAA’s
                                                                                        “Three-Diamond” designation
          Hyatt to create a new brand extension
                                                                                        Numerous awards from leading
          that will benefit the Hyatt brand and the                                      industry publications
          owners and customers of our existing
          hotels, as well as the owners, franchisees
          and customers of AmeriSuites.
          >       Primary and Secondary cities    >   Corporate business and            >      Courtyard by Marriott
                  plus tertiary markets               family weekend leisure traveler   >      Hilton Garden Inn
          >       All suites concept with         >   3o to 59 years of age             >      Spring Hill Suites by Marriott
                  refrigerators in each suite     >   5o% male/5o% female
          >       Complimentary hot breakfast     >   Household income $85,ooo +
          >       Free High Speed
                  Internet Access
          >       Fitness Center, swimming pool
          >       Meeting space 2,ooo-
                  4,ooo sq.ft.
          >       Average size, 128 suites
          >       Franchising available
          p a g e 26
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    h yat t h i g h s i e r r a l o d g e , l a k e t a h o e
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                                 h yat t va c at i o n c l u b
          fun.                   Vacation ownership resorts in
          flexible.              highly sought after destinations
          luxurious.
                                 offering unique and varied ameni-
                                 ties. Residential condominiums
                                 can be used in studio, one, two and
                                 three-bedroom configurations on
                                 a specific week or fractional basis.
                                 Club members use the points-based
                                 exchange system to access time
                                 throughout the Hyatt Vacation
                                 Club system. Members may also
                                 exchange into Hyatt’s Gold Passport
                                 system and Interval International,
                                 one of the leading vacation owner-
                                 ship exchange companies.
          p a g e 29
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                                                                                                                                    p r e s e n t l o c at i o n s
          Located in sought after destinations
          with unique and varied amenities.                                                                                         >        Key West, Florida
                                                                                                                                    >        Beaver Creek, Colorado
                                                                                                                                    >        Dorado, Puerto Rico
                                                                                                                                    >        Lake Tahoe, Nevada
                                                                                                                                    >        Breckenridge, Colorado
                                                                                                                                    >        Carmel, California
                                                                                                                                    >        Bonita Springs, Florida
                                                                                                                                    >        Sedona, Arizona
                                                                                                                                    >        San Antonio, Texas
                                                                                                                                    >        Aspen, Colorado
          >        Studio, one, two and                              >         Middle to upper income                               >        Ritz Carlton
                   three-bedroom product                             >         University educated with                             >        Marriott
          >        Lobby check-in facility                                     post-graduate degree courses                         >        Starwood
          >        Members gathering area                            >         Vacations over 2o days per year                      >        Hilton
          >        Size ranges from                                  >         Vacations with family                                >        Four Seasons
                   5o to 3oo units                                             and friends
          >        Unique pools
          >        Access to resort amenities
                   such as golf, ski and spa
          clockwise
          a . h yat t h i g h s i e r r a l o d g e , l a k e t a h o e b . h i g h l a n d s i n n , c a r m e l
          c . h yat t c o c o n u t p l a n t at i o n , b o n i t a s p r i n g s , f l o r i d a d . h yat t p i ñ o n p o i n t e , s e d o n a
          p a g e 3o
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I.
                          VI.                                                            II.
                                                  ECONOMIES
                                                   OF SCALE
                                                                  I N C R E M E N TA L
                                   SUPERIOR
                                                                      R AT E A N D
                                   PRODUCT
                                                                    O C C U PA N C Y
                                  SUPERIOR
                                    COST                           BRAND
                                 MANAGEMENT                       STRENGTH
                                                    BRAND
                                                  AWARENESS
V. III.
IV.
                    t h e s e s i x d i m e n s i o n s h a v e b e e n s u c c e s s f u l ly
                         c o m b i n e d at h yat t h o t e l s a n d r e s o r t s
                  a r o u n d t h e wo r l d i n a m a n n e r t h at e l i m i n at e s
                     the traditional dichotomy between strong
                             p r o d u c t a n d s t r o n g p r o f i t a b i l i t y.
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         Competitive Advantage
            I.   e c o n o m i e s o f s c a l e providing operating efficiencies, proprietary
                 technologies, marketing and sales power, innovative products, and global expertise.
           II.   i n c r e m e n t a l r at e a n d o c c u p a n cy through savvy marketing and
                 sales programs (both global and local) maximizing yield and revenue in
                 each location, leveraging intrinsic value of each market segment.
          III.   b r a n d s t r e n g t h from a powerful and unique combination of consistent
                 property quality, efficient operations, upscale identity, marketing power,
                 and superior profitability for ownership.
          IV.    b r a n d awar e n e s s among high-end-consumers, the travel industry and
                 corporate clients, linked with superior marketing and sales, generating
                 a favorable revenue share relative to the competition.
           V.    s u p e r i o r c os t m a n a g e m e n t through strong focus on managing “back
                 of house” costs, including the use of technology and Hyatt’s strong purchasing
                 power to reduce purchasing, insurance, health care, payroll and other
                 operating costs.
          VI.    s u p e r i o r p r o d u c t and industry-leading design reflecting the individual
                 culture and spirit of each location combining vibrant style, refinement and
                 quality for which Hyatt has become known—strong “front of house” identity
                 with “back of house” efficiencies.
d e v e l o p m e n t e x p e rt i s e
                                  Hyatt has extensive experience dealing with all aspects of major development
                                  projects, having advised officials and developers on many project aspects
                                  including hotel programming and design, operational planning and public/private
                                  financing. Every new-build or conversion/takeover project is overseen through
                                  completion by Hyatt’s development team as well as a dedicated Technical
                                  Advisory Services (TA S ) group.
g r o u p b u s i n e s s e x p e rt i s e
          p a g e 33
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                                     b y 1969 , w i t h 13 h y a t t h o t e l s i n t h e u n i t e d s t a t e s
                                     t h e f i r s t h yat t i n t e r n at i o n a l h o t e l wa s o p e n e d —
                             h yat t r e g e n c y h o n g ko n g . s i n c e t h e o p e n i n g o f h yat t r e g e n c y
                                 m a u i i n 198o , h y a t t h a s b e c o m e k n o w n a s a l e a d e r i n t h e
                                          d e v e l o p m e n t a n d o p e r at i o n o f d r a m at i c a n d
                                             h i g h ly- s u c c e s s f u l l u x u r y r e s o r t h o t e l s .
                                                                           1969
                                                                     13 PROPERTIES
                                            350+ P R O P E R T I E S *
                                                   T O DAY A N D G R O W I N G
                                             a f t e r n e a r ly h a l f a c e n t u r y,
                                   t h e h yat t b r a n d h a s b e c o m e s y n o n y m o u s
                                  with exceptional service, vibrant style,
                                        q u a l i t y a n d r e f i n e m e n t . h yat t h a s
                                   become known as a global leader in the
                                 c r e at i o n a n d o p e r at i o n o f h o t e l s , r e so rt s
                                                  a n d va c a t i o n o w n e r s h i p.
    *including AmeriSuites
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          Global Strategy
          Always considered an industry innovator, Hyatt continues to stay ahead
          of the pace among global competitors.
          The worldwide strength of the Hyatt brand helps poise it for further growth
          and recognition. These are exciting times to partner with Global Hyatt.
o u r s t r at e g y i s t o p u r s u e b r a n d g r ow t h a n d d i s t r i b u t i o n t h r o u g h :
t o a c h i e v e t h i s w e m ay s e l e c t i v e ly p r ov i d e c a p i t a l i n t h e f o r m o f :
          p a g e 35
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                                                  GLOBAL SALES
                                                     FORCE
                                                                                  CENTRAL
                   O P E R AT I O N S                                         R E S E R VAT I O N S
                                                                                   SYSTEM
              REVENUE                                                                      PURCHASING
            MANAGEMENT
                 HUMAN
                                                                                      MARKETING
               RESOURCES
                                         TECHNOLOGY             GOLD
                                                             PA S S P O R T
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          Centralized Services
          g l o b a l s a l e s f o r c e : 25 sales offices throughout the world target new business
          on behalf of individual properties. In the U.S. Hyatt’s National Sales Force books
          nearly 5o% of all group business.
          p a g e 37
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         Worldwide Distribution
         s e l e c t l o c at i o n s
u n i t e d s t at e s canada
         p a g e 38
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Contact Information
                  Hyatt Corporation
                  71 South Wacker Drive
                  Chicago, IL 6o6o6
                  (312) 75o - 1234 telephone
                  (312) 78o - 5281 facsimile
                  chicago.development@corphq.hyatt.com
                  AmeriSuites
                  71 South Wacker Drive
                  Chicago, IL 6o6o6
                  (312) 78o - 547o telephone
                  (312) 78o - 5281 facsimile
                  chicago.amerisuites@corphq.hyatt.com
f o r h yat t va c at i o n c l u b i n q u i r i e s p l e a s e c o n t a c t :
                  AmeriSuites®, Hyatt®, Hyatt Hotels & Resorts®, Hyatt Regency®, Grand Hyatt®, Park Hyatt®, Regency
                  Club®, Spa Hyatt®, Hyatt Vacation Club® and Hyatt Gold Passport® are all registered trademarks with the
                  U.S. Patent and Trademark Office and the trademark offices of other countries.
                  Copyright 2oo5, Global Hyatt Corporation. All Rights Reserved. Printed in U.S.A. Information is subject
                  to change without notice. These materials may not be reproduced or used without the express consent of
                  Hyatt. Nothing in these materials is intended to be a representation or warranty. This is not an offering.
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                                 G L O B A L H YAT T C O R P O R AT I O N
                               71 South Wacker Drive, Chicago, IL 60606