CHICAGO-
Purposely designed for guests seeking spacious and well-equipped living accommodations for short or long-term stays, Hyatt House hotels offer an experience that enables guests to enjoy home-like amenities through contemporary design, modern guestroom spaces, and a welcoming community atmosphere. Hyatt House South Melbourne will be located in the bustling hub of
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Construction is underway on the hotel, which is part of the mixed-use Oasis Residences, an urban sanctuary designed by the renowned Hayball architects. The hotel's 97 guestrooms will offer a mix of room types such as studios and 1-bedroom residential-styled Kitchen Suites with a kitchen island, refrigerator, and stovetop, a spacious living room, a plush bed in the bedroom, and a modern bathroom, ensuring all rooms are thoughtfully designed with the comforts of home. The hotel's all-day lounge will also house the H Bar, a central gathering spot where guests can enjoy freshly made breakfast or sip a cocktail and unwind in the evening. In addition, the hotel will offer a 24/7 fitness room and communal spaces for working, socializing or relaxing.
'Hyatt House South Melbourne will be a vibrant addition to the
Hyatt House brand offers an experience tailored to the needs of leisure and lifestyle travelers
Following Hyatt's entry into the extended-stay market in 2006, Hyatt sought to create a more familiar and less hotel-like guest experience that provides a place to live, not just to stay. The Hyatt House brand was introduced in 2012, named after the very first Hyatt hotel, and reflects a deep presentation of warmth, comfort and hospitality. The growth of the Hyatt House brand reflects its continuing evolution to meet the needs of guests who today work more remotely than ever, seeking more space, more autonomy, and amenities that reflect the comforts of home. Once open, Hyatt House South Melbourne will join a global portfolio of more than 130 Hyatt House properties worldwide.
For more information, please visit hyatthouse.com.
The term 'Hyatt' is used in this release to refer to
For further information:
About Hyatt House
For further information: Hyatt House hotels are designed to welcome guests seeking spacious and well-equipped living accommodations with everything they need and more for short- or long-term stays. At more than 130 locations, the Hyatt House brand delivers home-like amenities, purposeful service, and contemporary spaces, including complimentary home-cooked breakfast for guests, a creatively curated menu at H Bar, and indoor and outdoor communal spaces for working, socializing, or relaxing. For more information, please visit hyatthouse.com. Join the conversation on Facebook or Instagram and tag photos with #HyattHouse and #WhySettle.
About
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 actual results to differ materially from current expectations include, but are not limited to, general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as earthquakes, tsunamis, tornadoes, hurricanes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; the pace and consistency of recovery following the COVID-19 pandemic and the long-term effects of the pandemic, additional resurgence, or COVID-19 variants, including with respect to global and regional economic activity, travel limitations or bans, the demand for travel, transient and group business, and levels of consumer confidence; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants or other pandemics, epidemics or other health crises; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; 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 our ability to successfully integrate completed acquisitions with existing operations, including with respect to our acquisition of
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MEDIA CONTACTS:
Hyatt
Madeleine.Furley@hyatt.com
Hyatt
Dana.Fioravanti@hyatt.com
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