This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Hyatt Hotels appointed Jason Ballard as global brand leader for its Essentials portfolio to steer the division’s next phase of growth, the company announced Tuesday. In his new role, Ballard is tasked with leading “ongoing efforts to ensure Hyatt’s Essentials portfolio is insights-led and brand-focused,” according to the hotel company. He will oversee strategy, perfor ...

Core Points - Hyatt Hotels Corporation announced the pricing of a public offering of $400 million in senior notes due 2035, with a fixed annual interest rate of 5.400% [1] - The offering is expected to close on November 26, 2025, subject to customary closing conditions [1] - The net proceeds will be used to repay the Company's 4.850% notes due 2026 and for general corporate purposes if any net proceeds remain [2] Offering Details - The offering is made under a shelf registration statement on Form S-3, which became effective on August 30, 2023 [4] - Deutsche Bank Securities, PNC Capital Markets LLC, and Scotiabank are acting as representatives of the underwriters and joint book-running managers for the offering [3] Company Overview - Hyatt Hotels Corporation, headquartered in Chicago, operates over 1,450 hotels and all-inclusive properties in 82 countries as of September 30, 2025 [6] - The Company offers a diverse portfolio of brands across various categories, including Luxury, Lifestyle, Inclusive, Classics, and Essentials [6]