Core Insights - Hyatt Hotels appointed Jason Ballard as the global brand leader for its Essentials portfolio to drive the division's growth [1] - Ballard will focus on ensuring the Essentials portfolio is insights-led and brand-focused, overseeing strategy, performance, and brand evolution [2] - The Essentials portfolio includes brands such as Caption by Hyatt, Hyatt House, Hyatt Place, Hyatt Select, Hyatt Studios, UrCove, and the newly launched Unscripted collection [2] Leadership and Experience - Jason Ballard has over two decades of experience at Hyatt, having held leadership roles in various regions including the Americas, Asia Pacific, and Europe, Africa, and the Middle East [3] - He previously led the launch of Hyatt Studios and the opening of its first hotel in Mobile, Alabama [3] - Pete Sears, group president for the Americas at Hyatt, highlighted Ballard's instrumental role in strengthening franchise capabilities and establishing Hyatt Studios as a success [4] Growth Strategy - Approximately 50% of new U.S. deals signed within the Essentials portfolio in 2025 will represent new markets for Hyatt [4] - Hyatt Studios is expected to enter new U.S. markets including Macon, Georgia; Danville, Virginia; Frankfort, Kentucky; and others in Montana and Indiana [4] - The Unscripted brand has opened a property in Tinton Falls, New Jersey, and plans to add hotels in Allentown, Pennsylvania, and Durango, Colorado, by 2025 [5] Development Pipeline - Hyatt's development pipeline reflects a strategic approach to growth, focusing on expanding in the right markets with the right brands [6] - There is significant opportunity in the Americas, with the Essentials brands allowing owners to enter new markets with limited intra-brand competition [6] - This strategy aims to expand the Hyatt network for guests and members [6]

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]