CHICAGO – Hyatt Lodges Company (NYSE: H) at present introduced that greater than 20 new resorts are anticipated to open in Canada by the tip of 2022, driving the worldwide hospitality model’s progress within the nation by 50 p.c. The newly introduced properties embody three resorts within the coronary heart of downtown Niagara Falls, Ontario, anticipated to open in 2022: a dual-branded Hyatt Centric Niagara Falls and Hyatt Regency Niagara Falls challenge, with 150 guestrooms and 350 guestrooms, respectively, and the 200-room Hyatt Place Niagara Falls.
This announcement consists of properties that may mark the primary Hyatt Home and Hyatt Centric resorts in Canada and the primary Hyatt resorts within the Niagara Falls market, in addition to resorts throughout its different full service and choose service manufacturers together with Hyatt Regency, Park Hyatt, Andaz and Hyatt Place.
“Hyatt’s model presence in Canada continues to steadily enhance, as we efficiently implement our technique of rising with intent,” mentioned Scott Richer, Hyatt’s regional vice chairman of improvement for Canada. “We proceed to see progress alternatives within the area and are assured within the route and way forward for Hyatt – throughout all manufacturers.”
With practically 15 million guests per 12 months, Niagara Falls, Ontario is taken into account one of many busiest vacationer locations on the earth. Positioned on the fundamental intersection of Fallsview Avenue and Murray Avenue within the coronary heart of downtown Niagara Falls, the dual-branded new-build Hyatt Centric and Hyatt Regency challenge in Niagara Falls can be located instantly reverse the Fallsview On line casino, The Skylon Tower and the 5,000-seat performing arts heart that’s at the moment beneath development. The properties are owned and can be operated by Fallsview Group, and are slated to open in 2022.
Hyatt Place Niagara Falls can be related to the Scotiabank Conference Heart off Stanley Avenue and proximate to the vacationer district of Clifton Hill and quite a few family-friendly sights and leisure services such because the IMAX cinema, the Niagara Wheel and the Enjoyable Zone. Slated to open in 2022, the property is owned and can be operated by Fallsview Group, based by the Menechella household greater than 40 years in the past in Niagara Falls.
Full record of recent Canada properties with anticipated opening years:
2019
Hyatt Place Mississauga Centre in Mississauga, Ontario
Hyatt Home Winnipeg South West in Winnipeg Manitoba
2020
Park Hyatt Toronto (reopening after renovation) in Toronto, Ontario
Hyatt Place Kelowna in Kelowna, British Columbia
Hyatt Place Winnipeg Downtown in Winnipeg, Manitoba
Hyatt Place Moncton in Moncton, New Brunswick
Hyatt Place Brampton in Brampton, Ontario
Hyatt Place / Hyatt Home Edmonton Downtown in Edmonton, Alberta
Hyatt Place Ottawa – Bells Corners in Ottawa, Ontario
2021
Hyatt Place / Hyatt Home Mississauga – Airport Company Heart in Toronto, Ontario
Hyatt Place Toronto – Oakville East in Toronto, Ontario
Hyatt Home Hamilton/McMaster College in Hamilton, Ontario
Hyatt Home Toronto – Mississauga Heart in Toronto, Ontario
Hyatt Place Vancouver Airport in Vancouver, British Columbia
Hyatt Place Toronto Worldwide Airport in Toronto, Ontario
Hyatt Place / Hyatt Home at Canada’s Wonderland in Vaughan, Ontario
Hyatt Place Toronto – Downtown/Jarvis Avenue in Toronto, Ontario
2022
Hyatt Centric / Hyatt Regency Niagara Falls in Ontario
Hyatt Place Niagara Falls in Niagara, Ontario
Hyatt Place / Hyatt Home Ottawa Byward Market in Ottawa, Ontario
Andaz Toronto – Yorkville in Toronto, Ontario
The time period “Hyatt” is used on this launch for comfort to consult with Hyatt Lodges Company and/or a number of of its associates.
Ahead-Trying Statements
Ahead-Trying Statements on this press launch, which aren’t historic info, are forward-looking statements inside the that means of the Non-public Securities Litigation Reform Act of 1995. Our precise outcomes, efficiency or achievements might differ materially from these expressed or implied by these forward-looking statements. In some circumstances, you’ll be able to determine forward-looking statements by means of phrases equivalent to “might,” “might,” “count on,” “intend,” “plan,” “search,” “anticipate,” “consider,” “estimate,” “predict,” “potential,” “proceed,” “possible,” “will,” “would” and variations of those phrases and related expressions, or the destructive of those phrases or related expressions. Such forward-looking statements are essentially primarily based upon estimates and assumptions that, whereas thought of cheap by us and our administration, are inherently unsure. Components that will trigger our precise outcomes, efficiency or achievements to vary materially from present expectations embody, amongst others, the speed and the tempo of financial restoration following financial downturns; ranges of spending in enterprise and leisure segments in addition to client confidence; declines in occupancy and common each day fee; the seasonal and cyclical nature of the true property and hospitality companies; adjustments in distribution preparations, equivalent to by web journey intermediaries; adjustments within the tastes and preferences of our clients; the monetary situation of, and {our relationships} with, third-party property homeowners, franchisees, and hospitality enterprise companions; the potential incapability of third-party homeowners, franchisees, or improvement companions to entry capital essential to fund present operations or implement our plans for progress; dangers related to potential acquisitions and inclinations and the introduction of recent model ideas; the timing of acquisitions and inclinations, and our skill to efficiently combine accomplished acquisitions with present operations; our skill to efficiently execute on our technique to develop our administration and franchising enterprise whereas on the similar time decreasing our actual property asset base inside focused timeframes and at anticipated values; adjustments within the aggressive surroundings in our trade, together with on account of trade consolidation, and the markets the place we function; our skill to efficiently develop the World of Hyatt loyalty program; cyber incidents and knowledge expertise failures; and different dangers mentioned within the Firm’s filings with the U.S. Securities and Trade Fee, together with our Annual Report on Type 10-Ok, which filings can be found from the U.S. Securities and Trade Fee. These components will not be essentially all the necessary components that would trigger our precise outcomes, efficiency or achievements to vary materially from these expressed in or implied by any of our forward-looking statements. We warning you to not place undue reliance on any forward-looking statements, that are made solely as of the date of this press launch. We undertake no obligation to replace publicly any of those forward-looking statements to mirror precise outcomes, new info or future occasions, adjustments in assumptions or adjustments in different components affecting forward-looking statements, besides to the extent required by relevant regulation. If we replace a number of forward-looking statements, no inference must be drawn that we are going to make extra updates with respect to these or different forward-looking statements.

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About Hyatt Lodges Company
Hyatt Lodges Company, headquartered in Chicago, is a number one world hospitality firm with a portfolio of 19 premier manufacturers. As of March 31, 2019, the Firm’s portfolio included greater than 850 properties in over 60 international locations throughout six continents. The Firm’s objective to look after folks to allow them to be their finest informs its enterprise choices and progress technique and is meant to draw and retain high colleagues, construct relationships with company and create worth for shareholders. The Firm’s subsidiaries develop, personal, function, handle, franchise, license or present companies to resorts, resorts, branded residences, trip possession properties, and health and spa places, together with beneath the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Assortment by Hyatt®, Vacation spot®, Hyatt Regency®, Hyatt®, Hyatt Ziva™, Hyatt Zilara™, Thompson Lodges®, Hyatt Centric®, Hyatt Home®, Hyatt Place®, Joie de Vivre®, tommie™, Hyatt Residence Membership® and Exhale® model names, and operates the World of Hyatt® loyalty program that gives distinct advantages and unique experiences to its valued members. For extra info, please go to www.hyatt.com.