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Hyatt Advances Next Phase of Growth in India and Southwest Asia with New Senior Leadership Appointment

PRNewswire New Delhi [India], April 1: Hyatt Hotels Corporation (NYSE: H) today announced the next stage of growth of Hyatt's business in India with the appointment of Vikas Chawla in the newly created senior role of President - India & Southwest Asia to lead the business in the region, effective April 1, 2026. The new leadership position reflects Hyatt's commitment to accelerating its expansion and deepening its brand presence in one of Hyatt's most strategically important growth markets. - Appointment of Vikas Chawla builds on significant growth with nearly 5,000 rooms added in 2025 to Hyatt's India and Southwest Asia pipeline, underscoring strong growth momentum The appointment comes amid strong development momentum for Hyatt in India, where it continues to expand its portfolio and pipeline across key urban and leisure destinations. Chawla will report to David Udell, Group President, Asia Pacific at Hyatt. "The creation of this new senior leadership role reflects both the scale of opportunity we see in India and our commitment to this market," said Udell. "Over more than four decades, Hyatt has built a strong foundation in India. As we enter our next phase of growth, Vikas' extensive experience and entrepreneurial leadership will bring the fresh knowledge, skills and abilities required at the top of our organization in India. His deep understanding of the Indian consumer will be pivotal to drive our strategic growth in this critical market as we accelerate our brand-led expansion and unlock new avenues for success." A seasoned entrepreneur with over 30 years of global leadership experience in food and beverage and consulting, Chawla will lead Hyatt's overall strategy, growth, and performance in India and Southwest Asia. He brings a proven track record of building brands, scaling businesses and driving strategic expansion, fully aligned with Hyatt's evolution into an insights-led and brand-focused organization. His passion for developing high-performing teams and consistently delivering industry-leading growth will be instrumental in elevating Hyatt's next phase of development in India "I am incredibly excited to join Hyatt at such a dynamic moment in its growth journey in India," said Vikas Chawla, President - India & Southwest Asia. "Hyatt's strong brand portfolio, exceptional talent, and commitment to delivering meaningful guest experiences create tremendous opportunity. My ambition is to further develop Hyatt's portfolio, making it the most preferred hospitality brand amongst discerning travelers in India, the best hospitality brand to work for in India, and to become a significant pillar of growth for Hyatt's global portfolio." India represents one of the most dynamic growth opportunities for Hyatt in Asia Pacific. Rising middle-class demand for premium travel, luxury experiences, and differentiated dining align closely with Hyatt's strengths in luxury and lifestyle, experiential offerings and F&B. This has powered Hyatt's growth in the region, with deals signed in 2025 contributing nearly 5,000 rooms to its India and Southwest Asia pipeline. Building on its existing footprint of 55 hotels across nine brands across India and Southwest Asia, the first Destination by Hyatt property in Asia Pacific, Hari Bagh Jaipur, is set to debut in 2026. The Destination by Hyatt brand represents a diverse collection of independent hotels, resorts and residences that are individual at heart yet connected by a commitment to embody the true spirit of each location. The arrival of the Destination by Hyatt brand will mark Hyatt's second collection brand in India, and Hari Bagh Jaipur will mark the third Hyatt hotel in Jaipur. Looking ahead, Hyatt plans to continue to strengthen its brand presence in key gateway markets such as Mumbai, Bengaluru, New Delhi and Hyderabad, while expanding into high growth, experience-led destinations across India and Southwest Asia--including leisure markets, spiritual hubs and select tier two and tier three cities driven by strong domestic travel demand. 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 Hyatt Hotels Corporation Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose - to care for people so they can be their best. As of December 31, 2025, the Company's portfolio included more than 1,500 hotels and all-inclusive properties in 83 countries across six continents. The Company's offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX®, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid® Hotels & Resorts, Bahia Principle Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Unscripted by Hyatt, Hyatt Place®, Hyatt House®, Hyatt Studios®, Hyatt Select, and UrCove. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar® DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com. 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 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; the impact of global tariff policies or regulations; 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 or realize anticipated synergies; failure to successfully complete proposed transactions, including the failure to satisfy closing conditions or obtain required approvals; our ability to successfully complete dispositions of certain of our owned real estate assets within targeted timeframes and at expected values; 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's filings with the U.S. Securities and Exchange Commission ("SEC"), 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. Photo: https://mma.prnewswire.com/media/2947769/Vikas_Chawla_President.jpg Logo: https://mma.prnewswire.com/media/2805718/Hyatt_Logo.jpg (ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire. ANI will not be responsible in any way for the content of the same)

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