News for the Hospitality Executive
Mark Purdue Joins Grand Hyatt
New York as General Manager
NEW YORK (November 09, 2010) – Grand Hyatt New York announced today the appointment of Mark Pardue as the hotel’s new General Manager as the storied property ushers in a new era with the final phase of its $130 million renovation to transform the guest experience. Grand Hyatt New York is the tenth Hyatt property that Pardue has worked in since he began working with Hyatt more than 22 years ago.
As General Manager, Pardue will manage all aspects of the hotel – including 1,311 guestrooms and suites, public areas and meeting spaces. He will also introduce New York Central in November – a new vibrant and contemporary restaurant overlooking 42nd Street.
Pardue comes to Grand Hyatt New York after a successful four-year tenure as General Manager of Hyatt Regency Lake Tahoe Resort, Spa and Casino. During his time in Lake Tahoe, Pardue became a greatly admired and respected leader of the resort’s team and community. Arriving after the completion of the property’s $62 million renovation, Pardue was instrumental in setting the standard in luxury and service at the renowned lakeside resort.
Dedicated to Hyatt Hotels & Resorts for more than 22 years, Pardue is no stranger to New York having had positions as General Manager at the former Stanhope Park Hyatt New York on Manhattan’s Upper East Side and Hyatt Regency Wind Watch in Hauppauge, New York. He has also held posts at Hyatt Westlake Plaza, Hyatt Newporter (now Hyatt Regency Newport Beach), the former Park Hyatt Los Angeles, and Hyatt Regency San Francisco Embarcadero Center. Hyatt has recognized Pardue’s dedication and great contributions over the years with two nominations - in 2002 and 2007 - for one of the company’s highest honors, the Donald N. Pritzker General Manager of the Year Award.
“We are thrilled to have Mark join our team and take the reins at Grand Hyatt New York,” said Matthew Adams, Area Vice President - New York for Hyatt Hotels & Resorts. “During this exciting time in the hotel’s evolution, Mr. Pardue is the perfect leader to guide the transformation of Grand Hyatt New York and launch the revitalized property.”
Pardue, his wife Tina, and sons Jack and Charlie have made their home outside of New York City.
To learn more about Grand Hyatt New York and to make reservations, visit www.grandnewyork.hyatt.com or call 1-800-233-1234.
About Grand Hyatt New York
With a premier location on 42nd Street between Park and Lexington Avenues, Grand Hyatt New York lies in the heart of midtown Manhattan. Attached to the legendary Grand Central Terminal, the Grand Hyatt is just steps away from the city’s best culture and attractions, including Times Square, Broadway, art and world-class shopping. The hotel is in the midst of an exciting $130 million renovation, including completely redesigned guestrooms, a new restaurant, a refreshed lobby and mezzanine level, creative new meeting spaces, a completely revitalized ballroom, and the innovative gourmet grab-and-go food concept called Market. The hotel’s 1,311 guest rooms including 51 suites will be renovated in stages through 2011, with the first rooms to be completed in November 2010. Inside each new room at Grand Hyatt New York, refined hues, lush textures and engaging artwork are among the elements that frame the mood of a sleek and modern Manhattan residence. The minimalist décor keeps guests relaxed in a calming sanctuary, far from the hustle and bustle of Manhattan’s heart beat below. The Grand Club provides added luxury offering elevator key access, complimentary breakfast, afternoon snacks, and evening hors d’oeuvres and drinks. Grand Hyatt New York is perfect for groups of any size offering intimate meeting rooms and the astounding 18,000 square foot Empire Ballroom, which just completed an extensive renovation. Boasting more than 50 meeting rooms and 55,000 square feet of meeting space, the hotel can accommodate groups up to 1,500 people.
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. These statements include statements about our plans, strategies, financial performance, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, 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, among others, the depth and duration of the current economic downturn; levels of spending in the business, travel and leisure industries as well as consumer confidence; declines in occupancy and average daily rate; hostilities, including future terrorist attacks, or fear of hostilities that affect travel; travel-related accidents; changes in the tastes and preferences of our customers; relationships with associates and labor unions and changes in labor law; the financial condition of, and our relationships with, third-party property owners, franchisees and hospitality venture partners; risk associated with potential acquisitions and dispositions and the introduction of new brand concepts; changes in the competitive environment in our industry and the markets where we operate; outcomes of legal proceedings; changes in federal, state, local or foreign tax law; fluctuations in currency exchange rates; general volatility of the capital markets and our ability to access the capital markets. A more complete description of these risks and uncertainties can be found in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K. We caution you not to place undue reliance on any forward-looking statements, which are made 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 laws. 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.
35 East 21st Street, 8th Floor
New York, NY 10010
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