January 19, 2010-DANIA BEACH, Fla.--(BUSINESS WIRE)--Hyatt Hotels & Resorts and OTO Development, LLC, today announce the opening of Hyatt Place Fort Lauderdale Airport-South, phase one of the country’s first joint Hyatt Place and Hyatt Summerfield Suites development. Hyatt Summerfield Suites Fort Lauderdale Airport-South is scheduled to open in early March.
 
“Annually, more than 20 million passengers are already flying through Hollywood International Airport and nearly four million cruise passengers are utilizing Port Everglades,” said Corry Oakes, CEO and president, OTO Development, LLC. “When you factor the airport’s $1.2 billion expansion and that two of the world’s biggest cruise ships will dock in Port Everglades in 2010, Hyatt Place, and soon Hyatt Summerfield Suites, can offer the kind of amenities that today’s business and leisure travelers want.”
Hyatt Place Fort Lauderdale Airport-South offers:

• 149 spacious guestrooms, all of which feature a 42-inch HDTV, the plush Hyatt Grand Bed™ and an eight-foot sectional sofa-sleeper
• Complimentary Wi-Fi access throughout the hotel
• Complimentary continental breakfast featuring a variety of fresh fruits, hot and cold cereal, yogurt, breads, premium coffee and an assortment of juices
• 1,700 square feet of meeting space

“People no longer separate their lives into personal time and professional time. Instead, we have seen a new kind of lifestyle emerge where people are juggling multiple tasks, both personal and professional, at once,” said Gary Dollens, senior vice president, Hyatt Hotels Management Corporation. “Hyatt Place was specifically designed to make living this kind of multitasking lifestyle away from home possible in a way that wasn’t before. Because Fort Lauderdale attracts such a mix of travelers, we are confident that Hyatt Place will offer these guests the right environment to meet all of their needs.”

Hyatt Place hotels are specially designed to accommodate today’s lifestyle, offering amenities such as complimentary Wi-Fi access, a StayFit@Hyatt fitness center, a coffee and wine bar serving Starbucks^® specialty coffees and premium wine and beer, and the Grab ‘n Go case stocked with freshly made sandwiches and salads. The Guest Kitchen offers made-to-order breakfast, lunch and dinner entrées around the clock, in addition to the complimentary continental breakfast served daily. Specially trained Hosts are on hand to offer assistance with everything from directions to check-in to a freshly made meal.
 
Spacious guestrooms feature multiple areas to work and relax and include the Cozy Corner, an eight-foot couch; plush Hyatt Grand Bed; and ergonomic work center. Every guestroom is also equipped with a state-of-the-art media center that allows electronic devices to plug directly into the 42-inch high definition television, giving guests instant access to the technological amenities they’re accustomed to accessing at home or in the office.
 
Hyatt Place Fort Lauderdale Airport-South is just off of I-95 and Sterling Road. The hotel is located just 2.5 miles from Hollywood International Airport and three miles from Port Everglades Cruise Terminal. For additional convenience, the hotel will offer a complimentary shuttle to both Hollywood International Airport and Port Everglades Cruise Terminal.
 
About Hyatt Place
Hyatt Place brings the authentic hospitality for which Hyatt is known to the upscale select-service category. Inspired by multitasking travelers’ 24/7 lifestyle, Hyatt Place combines stylish design, practical amenities, forward-thinking technology and purposeful service so guests can remain connected and productive while traveling. Hyatt Place is a brand of Hyatt Hotels Corporation that currently offers more than 130 locations throughout the United States. For Hyatt Place information or to make a reservation, call 1-888-HYATT-HP (888-492-8847) or visit www.HyattPlace.com.
 
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 in 45 countries strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The company’s subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt®, Andaz™, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt Summerfield Suites™ brand names and have locations under development on five continents. Hyatt Vacation Ownership, Inc., a Hyatt Hotels Corporation subsidiary, develops and operates vacation ownership properties under the Hyatt Vacation Club® brand. As of December 31, 2009, the company’s worldwide portfolio consisted of 424 properties. For more information, please visit www.hyatt.com.

About OTO Development, LLC
OTO Development, headquartered in Spartanburg, South Carolina, is one of the fastest growing hotel management companies in all of lodging. The company opened 17 hotels in 2009 bringing their total properties to 28 across eight states with plans to open an additional five in 2010. Founded in 2004, the company has developed significant relationships and become an award-winning operator of seven brands affiliated with Hyatt, Marriott, Hilton, and Starwood and has developed nearly $1 billion in hospitality assets in six years. For more information, please visit www.otodevelopment.com. <>

Forward-Looking Statements
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.