\nHyatt Hotels Corporation (NYSE: H) announced the renaming of its Strategic Partner award to The Corry Oakes Strategic Partner Award, honoring the legacy of OTO Development\u2019s co-founder and CEO who passed away unexpectedly in 2022. This award, as well as additional honors including two new categories, Purpose & Care and Operational Excellence, were presented at Grand Hyatt Baha Mar during Hyatt\u2019s 2025 Americas Owners Conference. The theme of the conference, Business is Personal, was reflected throughout the award presentations, which celebrated the deep relationships and personal commitments that drive success across Hyatt\u2019s owner, operator, and developer community.\n<\/p>\n
\nOakes was remembered as a strategic partner and close friend of the Hyatt family. Hyatt\u2019s relationship with OTO Development has resulted in developing Hyatt Centric, Hyatt House and Hyatt Place properties across the United States. Amy Oakes, Corry\u2019s wife, was present for the award renaming announcement, led by Jim Chu, chief growth officer, Hyatt.\n<\/p>\n
\n\u201cThe impact that Corry Oakes had on Hyatt is immeasurable, and it was my honor to celebrate his legacy by announcing The Corry Oakes Strategic Partner Award. Corry was an exemplary partner for many years, and he is deeply missed,\u201d said Jim Chu, chief growth officer, Hyatt. \u201cAs Hyatt continues to evolve, we are deeply appreciative of all our valued owners, operators and developers, and we extend our congratulations to this year\u2019s award recipients.\u201d\n<\/p>\n
The 2025 Hyatt Americas Owners Conference Awards include:<\/span><\/b><\/p>\n \nFor more information, please visit hyatt.com\/development<\/a>.\n<\/p>\n The term \u201cHyatt\u201d is used in this release for convenience to refer to Hyatt Hotels Corporation and\/or one or more of its affiliates.<\/i><\/p>\n About Hyatt Hotels Corporation<\/span><\/strong><\/p>\n \nHyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose \u2013 to care for people so they can be their best. As of December 31, 2024, the Company’s portfolio included more than 1,400 hotels and all-inclusive properties in 79 countries across six continents. The Company’s offering includes brands in the Luxury Portfolio<\/i>, including Park Hyatt<\/b><\/i>\u00ae, Alila<\/b><\/i>\u00ae, Miraval<\/b><\/i>\u00ae, Impression by Secrets<\/b><\/i>, and The Unbound Collection by Hyatt<\/b><\/i>\u00ae; the Lifestyle Portfolio<\/i>, including Andaz<\/b><\/i>\u00ae, Thompson Hotels<\/b><\/i>\u00ae, The Standard<\/b><\/i>\u00ae, Dream<\/b><\/i>\u00ae Hotels<\/b><\/i>, The StandardX<\/b><\/i>, Breathless Resorts & Spas<\/b><\/i>\u00ae, JdV by Hyatt<\/b><\/i>\u00ae, Bunkhouse<\/b><\/i>\u00ae Hotels<\/b><\/i>, and Me and All Hotels<\/b><\/i>; the Inclusive Collection<\/i>, including Zo\u00ebtry<\/b><\/i>\u00ae Wellness & Spa Resorts<\/b><\/i>, Hyatt Ziva<\/b><\/i>\u00ae, Hyatt Zilara<\/b><\/i>\u00ae, Secrets<\/b><\/i>\u00ae Resorts & Spas<\/b><\/i>, Dreams<\/b><\/i>\u00ae Resorts & Spas<\/b><\/i>, Hyatt Vivid Hotels & Resorts<\/b><\/i>, Sunscape<\/b><\/i>\u00ae Resorts & Spas<\/b><\/i>, and Alua Hotels & Resorts<\/b><\/i>\u00ae; the Classics Portfolio<\/i>, including Grand Hyatt<\/b><\/i>\u00ae, Hyatt Regency<\/b><\/i>\u00ae, Destination by Hyatt<\/b><\/i>\u00ae, Hyatt Centric<\/b><\/i>\u00ae, Hyatt Vacation Club<\/b><\/i>\u00ae, and Hyatt<\/b><\/i>\u00ae; and the Essentials Portfolio<\/i>, including Caption by Hyatt<\/b><\/i>\u00ae, Hyatt Place<\/b><\/i>\u00ae, Hyatt House<\/b><\/i>\u00ae, Hyatt Studios<\/b><\/i>, and UrCove<\/b><\/i>. Subsidiaries of the Company operate the World of Hyatt\u00ae loyalty program, ALG Vacations\u00ae, Mr & Mrs Smith, Unlimited Vacation Club\u00ae, Amstar\u00ae DMC destination management services, and Trisept Solutions\u00ae technology services. For more information, please visit www.hyatt.com<\/a>.\n<\/p>\n Forward-Looking Statements<\/span><\/strong><\/p>\n 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 \u201cmay,\u201d \u201ccould,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cseek,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201clikely,\u201d \u201cwill,\u201d \u201cwould\u201d 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 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 geopolitical 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 hurricanes, earthquakes, tsunamis, tornadoes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; our ability to successfully achieve specified 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 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; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to maintain effective internal control over financial reporting and disclosure controls and procedures; declines in the value of our real estate assets; unforeseen terminations of our management and hotel services agreements or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and manage the Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our franchising business and licensing businesses and our international operations; and other risks discussed in the Company\u2019s filings with the U.S. Securities and Exchange Commission (\u201cSEC\u201d), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. 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.<\/i><\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250310288305\/en\/<\/a><\/span><\/p>\n Media Contact KEYWORDS:<\/b> United States Costa Rica Australia\/Oceania Caribbean Mexico Latin America Guatemala Central America North America Canada Illinois Hawaii Florida District of Columbia Tennessee Colorado Maryland Arizona Alabama North Carolina Kansas<\/p>\n INDUSTRY KEYWORDS:<\/b> Other Construction & Property Other Travel Commercial Building & Real Estate Lodging Construction & Property Destinations Travel<\/p>\n\n
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\n<\/span><\/b>
Melissa Wright
\n
Hyatt
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melissa.wright@hyatt.com<\/a><\/p>\n
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