Hyatt Announces Plans for Andaz Capital Gate Abu Dhabi, Will Mark the Andaz Brand’s Entry into the Middle East

CHICAGO--()--Hyatt Hotels Corporation (NYSE: H) announced today that Hyatt Capital Gate Abu Dhabi will rebrand to Andaz Capital Gate Abu Dhabi, turning the iconic ‘Leaning Tower of Abu Dhabi’ into the first Andaz branded hotel in the Middle East. The hotel is owned by Abu Dhabi National Exhibitions Company (ADNEC) and is expected to be rebranded in late 2018.

The word andaz means “personal style” in Hindi, and the Andaz brand is aimed at those well-traveled, guests who search for inspiration and enriching experiences that expand their perspectives. Aligned with the brand’s ethos of bringing the local neighborhood to life, Andaz Capital Gate Abu Dhabi will offer inspiring experiences, helping guests immerse themselves in their surroundings and make their stay feel like their own from the moment they begin their journey.

Centrally located in the capital city of the United Arab Emirates, the property is near numerous noteworthy cultural, creative and entertainment offerings including Zayed Sports City and The Louvre, with the Sheikh Zayed Grand Mosque and Mangrove National Park just a short drive away. The hotel will feature a permanent art collection and various examples of unique craftsmanship such as “Khatt” calligraphy art and local, traditional “Sadu” weaving.

We are extremely excited to introduce the Andaz brand to the Middle East,” said Humaid Matar Al Dhaheri, group chief executive of ADNEC. “As each Andaz hotel pays homage to its location, Andaz Capital Gate Abu Dhabi will do so by incorporating local art, which will take guests on a journey into the UAE’s vibrant history and culture. A permanent art collection in the hotel will reflect the indigenous culture and evolution of UAE life, featuring the work of both Emirati and local artists.”

The Andaz lifestyle brand is the ideal fit for Abu Dhabi, a city synonymous with art, culture and innovation – elements at the core of the Andaz brand,” said Stuart Deeson, general manager of the hotel and area vice president Abu Dhabi for Hyatt. “With this opening, we hope to significantly enhance the traveler experience in the capital by delivering guests luxury accommodations, unique local insights, and creative inspiration for which the brand is known.”

Andaz Capital Gate Abu Dhabi will offer 189 five-star luxury guestrooms and suites, occupying the 18th to 33rd floors of the iconic Capital Gate building, marking the world’s furthest leaning hotel at an impressive 18 degree incline. Each room will offer panoramic views from floor-to-ceiling windows, its own unique art, and locally designed comforts such as the hotel’s bespoke Andaz Loungewear. The hotel is adjacent to Abu Dhabi’s National Exhibition Center and will feature a variety of restaurants and bars, an art gallery, a spa, as well as a rooftop swimming pool and fitness center.

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 Andaz

Global in scale while local in perspective, Andaz hotels weave the sights, sounds and tastes of their surroundings into each property for an experience that truly immerses guests in the eclectic culture of each local destination. Through personalized, unscripted service, Andaz hotels create a barrier-free environment where guests are encouraged to explore their personal sense of style and become inspired by the spirit of the culture around them. Seventeen Andaz hotels are currently open: Andaz 5th Avenue and Andaz Wall Street in New York, Andaz San Diego, Andaz West Hollywood, Andaz Napa, Andaz Scottsdale Resort and Spa, Andaz Savannah, Andaz Maui at Wailea, Andaz Ottawa Byward Market, Andaz Mayakoba Resort Riviera Maya, Andaz Peninsula Papagayo in Costa Rica, Andaz London Liverpool Street, Andaz Amsterdam Prinsengracht, Andaz Singapore, Andaz Delhi, Andaz Xintiandi in Shanghai, and Andaz Tokyo Toranomon Hills. For more information, please visit andaz.com. Follow @Andaz on FacebookTwitter and Instagram, and tag photos with #WhenInAndaz.

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 March 31, 2018, the Company's portfolio included more than 700 properties in more than 50 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.

About Abu Dhabi National Exhibitions Company (ADNEC)

Abu Dhabi National Exhibitions Company (ADNEC) was founded in 2005 with a mission to become the preferred destination for popular, high-profile international conferences, exhibitions and congresses in the MENA region. The company owns and operates the award-winning 133,000 sqm Abu Dhabi National Exhibition Centre, the largest exhibition venue in the MENA region, and comprises ExCeL London, Aloft London ExCeL, Al Ain Convention Centre, ADNEC Services, Capital Hospitality, Capital Gate, Hyatt Capital Gate Abu Dhabi, Aloft Abu Dhabi and IDEX LLC. For more information, please visit: http://www.adnecgroup.ae/.

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; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); 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.

Contacts

Hyatt International (Europe Africa Middle East) LLC
Simone Loretan
+41 79 920 12 18
simone.loretan@hyatt.com
or
Hyatt
Gloria Kennett
312-780-5506
gloria.kennett@hyatt.com

Release Summary

Hyatt Hotels Corporation announced today that Hyatt Capital Gate Abu Dhabi will rebrand to Andaz Capital Gate Abu Dhabi.

Contacts

Hyatt International (Europe Africa Middle East) LLC
Simone Loretan
+41 79 920 12 18
simone.loretan@hyatt.com
or
Hyatt
Gloria Kennett
312-780-5506
gloria.kennett@hyatt.com