This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250415549269\/en\/<\/a><\/p>\n Hyatt Studios Mobile \/ Tillmans Corner Ribbon Cutting<\/p>\n<\/div>\n \n“The grand opening of Hyatt Studios Mobile \/ Tillmans Corner marks an exciting milestone as we continue to expand our offerings to meet the growing demand for extended stay accommodations,” said Dan Hansen, global head of Hyatt Studios. “This is just the beginning for the Hyatt Studios brand as the brand demonstrates enthusiasm among hotel owners and developers for this brand. We\u2019re proud to celebrate the grand opening with 3H Group and LBA Hospitality, whose dedication has brought the Hyatt Studios vision to life.”\n<\/p>\n \nLocated in Tillmans Corner, less than 10 miles from Mobile International Airport, the hotel offers convenient access to downtown Mobile, Gulf Coast attractions, and nearby corporate offices. Guests can explore local landmarks like the USS Alabama Battleship Memorial Park, GulfQuest National Maritime Museum, Bellingrath Gardens, and the Mobile Carnival Museum. In addition to the city\u2019s tourism appeal, Mobile\u2019s diverse industries in manufacturing, aerospace, maritime and healthcare contribute to the city\u2019s attractiveness, making it an ideal fit for the Hyatt Studios brand.\n<\/p>\n Thoughtfully Designed for Extended Stays<\/b><\/p>\n \nAs part of Hyatt\u2019s Essentials Portfolio\u2014a collection of focused service brands including Caption by Hyatt, Hyatt Place, Hyatt House, and Hyatt Select\u2014Hyatt Studios are designed for extended stay travelers seeking modern amenities and a comfortable, home-like experience.\n<\/p>\n \nHyatt Studios Mobile \/ Tillmans Corners features 122 studio apartment-style suites designed for comfort and functionality, each appointed with a well-equipped kitchen, including a full-size refrigerator, built-in cooktop, microwave with air fryer and convection-oven capabilities, dishwasher, and essential cookware. Each suite includes a comfortable sleeping area, along with a separate lounge area featuring a plush sofa or sleeper sofa, a multifunctional table and ample storage space for comfortable long-term stays.\n<\/p>\n \nThe Hyatt Studios brand introduces a new level of convenience with a variety of thoughtful amenities, including a 24\/7 Market stocked with snacks and easy-to-make meals, a Free Grab \u2018n\u2019 Go Breakfast, and a 24-hour Fitness Studio to stay active. Additional conveniences include self-service laundry, an outdoor patio with a firepit and grill, and an expanded Borrows Program, where guests can borrow everyday essentials like blenders, board games, and items for kids and pets. Reinforcing Hyatt\u2019s focus on guest experience and the future of travel, the Hyatt Studios brand is leading the industry by offering free fiber internet and making EV charging stations a signature feature across all properties.\n<\/p>\n Expanding the Hyatt Studios Brand with Strong Ownership and Management<\/b><\/p>\n \n3H Group celebrates the opening of Hyatt Studios Mobile \/ Tillmans Corner while also advancing its next Hyatt Studios projects in Huntsville, Ala and Jacksonville, Fla. Expanding its portfolio across Hyatt\u2019s Essentials Portfolio, 3H Group continues to grow with additional Hyatt developments, including a Caption by Hyatt hotel in Chattanooga, Tenn, set to open in 2026 as the market\u2019s first Hyatt hotel, the recent acquisition of Hyatt Place Tampa Airport\/Westshore, which will undergo a comprehensive renovation, and a new construction dual-brand Hyatt Place and Hyatt House hotels in East Nashville, Tenn. Partnering with LBA Hospitality, a seasoned operator managing over 115 hotels across the southeastern U.S., 3H Group and LBA bring extensive experience in extended stay and select service management. This collaboration helps ensure a seamless guest experience and a strong market debut for Hyatt Studios Mobile \/ Tillmans Corner.\n<\/p>\n \n“As the first developer to break ground on a Hyatt Studios hotel and now the first to open one, we\u2019ve seen firsthand how this brand fills a critical gap in the extended stay space,” said Hiren Desai, president and CEO of 3H Group. “The Hyatt Studios brand offers a smart, efficient design and a flexible operating model that resonates with both guests and owners. The brand\u2019s focus on quality extended stay experiences, paired with Hyatt\u2019s strong support and reputation, made it a compelling investment for us, and we\u2019re excited to continue growing with additional Hyatt Studios projects in the future.”\n<\/p>\n \nFor more information on Hyatt Studios Mobile \/ Tillmans Corner or to make a reservation, please visit the hotel\u2019s website<\/a>. Guests who book by May 30, 2025, can take advantage of the hotel\u2019s grand opening offer to receiving 15% off. As a participating World of Hyatt property, the hotel is also part of the 500 Reasons to Stay offer<\/a>, allowing members to earn 500 Bonus Points per qualifying night through May 31, 2025.\n<\/p>\n About Hyatt Hotels Corporation<\/span><\/b><\/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<\/i><\/b>\u00ae, Alila<\/i><\/b>\u00ae, Miraval<\/i><\/b>\u00ae, Impression by Secrets<\/i><\/b>, and The Unbound Collection by Hyatt<\/i><\/b>\u00ae; the Lifestyle Portfolio<\/i>, including Andaz<\/i><\/b>\u00ae, Thompson Hotels<\/i><\/b>\u00ae, The Standard<\/i><\/b>\u00ae, Dream<\/i><\/b>\u00ae Hotels<\/i><\/b>, The StandardX<\/i><\/b>, Breathless Resorts & Spas<\/i><\/b>\u00ae, JdV by Hyatt<\/i><\/b>\u00ae, Bunkhouse<\/i><\/b>\u00ae Hotels<\/i><\/b>, and Me and All Hotels<\/i><\/b>; the Inclusive Collection<\/i>, including Zo\u00ebtry<\/i><\/b>\u00ae Wellness & Spa Resorts<\/i><\/b>, Hyatt Ziva<\/i><\/b>\u00ae, Hyatt Zilara<\/i><\/b>\u00ae, Secrets<\/i><\/b>\u00ae Resorts & Spas<\/i><\/b>, Dreams<\/i><\/b>\u00ae Resorts & Spas<\/i><\/b>, Hyatt Vivid Hotels & Resorts<\/i><\/b>, Sunscape<\/i><\/b>\u00ae Resorts & Spas<\/i><\/b>, and Alua Hotels & Resorts<\/i><\/b>\u00ae; the Classics Portfolio<\/i>, including Grand Hyatt<\/i><\/b>\u00ae, Hyatt Regency<\/i><\/b>\u00ae, Destination by Hyatt<\/i><\/b>\u00ae, Hyatt Centric<\/i><\/b>\u00ae, Hyatt Vacation Club<\/i><\/b>\u00ae, and Hyatt<\/i><\/b>\u00ae; and the Essentials Portfolio<\/i>, including Caption by Hyatt<\/i><\/b>\u00ae, Hyatt Place<\/i><\/b>\u00ae, Hyatt House<\/i><\/b>\u00ae, Hyatt Studios<\/i><\/b>, and UrCove<\/i><\/b>. 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<\/i><\/a>.\n<\/p>\n About Hyatt Studios<\/span><\/b><\/p>\n \nThe Hyatt Studios brand is an upper-midscale, extended-stay concept designed to deliver studio apartment-style suites with an elevated, thoughtful design. Guests can enjoy the simple necessities that make everyday living and traveling more comfortable. Each hotel delivers spacious studio suites with must-have features for a convenient and comfortable experience, including Free Grab \u2018n\u2019 Go Breakfast (with your stay), 24\/7 Market, self-service guest laundry, fitness studio, free high-speed Wi-Fi, outdoor patio and grills, and pet-friendly accommodations. The Hyatt Studios brand joins Hyatt\u2019s Essentials portfolio of select-service brands and is part of the World of Hyatt loyalty program. The brand has over 50 hotels in the pipeline with several locations under construction. To learn more about Hyatt Studios visit hyattstudios.com<\/a> and follow the brand on Facebook<\/a>, Instagram,<\/a> and X<\/a>.\n<\/p>\n Forward-Looking Statements<\/b><\/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<\/i>. 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\/20250415549269\/en\/<\/a><\/span><\/p>\n Media Contact![\"Hyatt](\"https:\/\/mms.businesswire.com\/media\/20250415549269\/en\/2439038\/4\/Image_4-14-25_at_919_PM.jpg\")
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Dana Fioravanti
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Hyatt
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Dana.fioravanti@hyatt.com
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