Attached files
file | filename |
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8-K - 8-K - Hyatt Hotels Corp | d836788d8k.htm |
Exhibit 99.1
MEDIA CONTACT: | INVESTOR CONTACT: | |
Amy Patti | Atish Shah | |
+1 312 780 5620 | +1 312 780 5427 | |
amy.patti@hyatt.com | atish.shah@hyatt.com |
FOR IMMEDIATE RELEASE
HYATT HOTELS CORPORATION INCREASES SHARE REPURCHASE
AUTHORIZATION BY $400 MILLION
CHICAGO (December 11, 2014) - Hyatt Hotels Corporation (Hyatt or the Company) (NYSE: H) announced today that the Companys Board of Directors authorized the repurchase of up to an additional $400 million of the Companys common stock. As of December 11, 2014, the Company had approximately $465 million available under its share repurchase authorization (including the $400 million authorized on December 11, 2014).
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Companys subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place®, Hyatt House®, Hyatt Zilara, Hyatt Ziva, Hyatt Residences® and Hyatt Residence Club® brand names and have locations on six continents. As of September 30, 2014, the Companys worldwide portfolio consisted of 573 properties in 48 countries. For more information, please visit www.hyatt.com.