Hyatt
Hotels Corporation (NYSE: H) and Small
Luxury Hotels of the World™ (SLH) today announced plans to bring World
of Hyatt members opportunities to enjoy loyalty benefits in many
more places. The launch is targeted for the end of the year.
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Hyatt, a leading hospitality company with more than 700 hotels
worldwide, and SLH, a collection of more than 500 independently owned
luxury hotels around the world, are working together to offer World of
Hyatt members the opportunity to earn and redeem points during stays at
participating SLH hotels when they book through Hyatt channels.
“This is another example of how Hyatt continues to listen to the wants
and needs of World of Hyatt members and take meaningful action,” said
Mark Hoplamazian, president and chief executive officer, Hyatt. “SLH’s
high-end collection of boutique hotel experiences means our members will
soon be able to earn and redeem World of Hyatt points in more places,
including many new locations in Europe and Asia.”
“We are constantly looking for ways to add value for our many
independently spirited hotels. This coming alliance with World of Hyatt
does just that,” said Filip Boyen, chief executive officer, Small Luxury
Hotels of the World™. “Our work together will allow World of Hyatt
members to enjoy loyalty benefits across a wider choice of small
independent luxury hotels. For SLH, our hotels are our brand, and we
look forward to expected increased occupancy with significant exposure
to the World of Hyatt program’s more than 10 million members.”
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 Small Luxury Hotels of the World
Small Luxury Hotels of the World™ (SLH) matches independently minded
guests with independently spirited hotels. The diverse collection of
over 500 hotels in more than 80 countries around the world includes
everything from cutting edge design hotels and city center sanctuaries
to historic country mansions and remote private islands – all SLH hotels
are consistently different, however, they are all united by the fact
that they offer the best locations, highest quality, personalized
service and a truly authentic way to discover a destination. Guests can
join SLH’s loyalty program, INVITED, to receive Small Luxuries from
their very first visit. Reservations for any SLH hotel can be made
online at www.slh.com
or via the iPhone app, by contacting a travel agent or calling a Small
Luxury Hotels of the World reservations office; click here
to view a listing by country.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a portfolio of 14 premier brands. As of June
30, 2018, the Company’s portfolio included more than 750 properties in
more than 55 countries across six continents. 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 attract and retain top
colleagues, build relationships with guests and create value for
shareholders. The Company’s subsidiaries develop, own, operate, manage,
franchise, license or provide services to hotels, resorts, branded
residences, vacation ownership properties, and fitness and spa
locations, 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™, Hyatt Residence Club® and exhale®
brand names. 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
the date of this press release. We undertake no 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 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.
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