Hyatt and Green Rock Announce Plans for Armenia’s First Hyatt Regency Hotel

CHICAGO (July 27 , 2026) - Hyatt Hotels Corporation (N YSE:H) and Green Rock LLC today announced the signing of a franchise agreement for Hyatt Regency Dilijan , which will mark the debut of the Hyatt Regency brand in Armenia. The signing represents another milestone in Hyatt's continued growth across Europe, Africa and the Middle East, expanding its premium full-service portfolio into another strategically important market. The agreement was commemorated during a groundbreaking ceremony in Dilijan, attended by representatives from the Government of Armenia, Hyatt and Green Rock.

T he hotel is designed to offer 20 5 guestrooms and suites, extensive dining experiences, family entertainment facilities , and a purpose-built conference cente r . Situated approximately one-and-a-half hours by road from Yerevan and three-and-a-half hours from Tbilisi, the hotel is well positioned for both domestic and international tra vel ers , with a rooftop helipad further enhancing access to the destination.

Known for its mountain landscapes, cultural heritage and national parks, Dilijan continues to grow as a year-round destination for leisure , business travel and event s . Hyatt Regency Dilijan forms part of Green Rock's broader destination vision, which includes hospitality education initiatives, community spaces, restaurants and future cultural attractions, including a music hall and art park, designed to establish Dilijan as a year-round tourism and lifestyle destination.

The hotel is expected to play an important role in th e larger development , enhancing its positioning as Armenia's leading mountain resort and conference destination and contributing to its tourism growth . With currently more than 2 45 Hyatt Regency hotels across over 50 countries, Hyatt's premium full-service brand is renowned for bringing people together through contemporary hospitality and seamless experiences for business, meetings and leisur e .

"We are excited to bring the Hyatt Regency brand to Dilijan and this announcement marks an exciting milestone for both Green Rock and Armenia ," said Katerina Danekina, CEO of Green Rock ." Together with Hyatt, we aim to create more than a hotel - we aim to help shape a destination that will attract visitors year-round while supporting tourism, culture and the local community."

"We look forward to introducing the Hyatt Regency brand to Armenia through this collaboration with Green Rock ," said Ludwig Bouldoukian, Regional Vice President Development, Middle East and Africa, Hyatt . " Dilijan has tremendous long-term potential and the Hyatt Regency brand , with its premium full - service offering, is ideally positioned to support the destination as a leading location for leisure travel, meetings and events."

Designed for Business and Leisure

Hyatt Regency Dilijan forms part of a 462,000 square f oot ( 43,000 sqm ) complex which features a collection of restaurants and bars, retail experiences, family entertainment facilities , including two movie theaters , and a 32,000 square f oo t ( 3,000- sq m ) wellness cent er with a full-service spa, a fitness center and an outdoor pool.

The hotel is also anticipated to include a conference center accommodating more than 550 guests , further strengthening Dilijan's ability to host larger conferences, corporate meetings, weddings and social events throughout the year.

Supporting the Community of Dilijan

The development is expected to create more than 400 employment opportunities across hospitality, food and beverage, wellness, events, engineering and hotel operations, supporting local talent development and contributing to the region's long-term growth.

Additional details regarding the hotel's construction timeline and opening date will be announced as the project progresses.

The term "Hyatt" is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

ENDS

Forward-Looking Statements

Forward-Looking 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 the Company's plans, strategies, outlook, the number of properties we expect to open in the future, the expected timing and payment of dividends, the Company's 2026 outlook, including the Company's expected System-wide Hotels RevPAR Growth, Net Rooms Growth, Net Income, Gross Fees, Adjusted G&A Expenses, Adjusted EBITDA, Capital Expenditures, and Adjusted Free Cash Flow, expected capital returns to shareholders, financial performance, prospective or future events and involve known and unknown risks that are difficult to predict. As a result, the Company's actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. 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Factors that may cause actual results to differ materially from current expectations include, but are not limited to: general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geopolitical conditions, including political or civil unrest or changes in trade policy; the impact of global tariff policies or regulations; economic sanctions or other government restrictions that may limit our ability to conduct business or receive payments; hostilities, or fear of hostilities, including the ongoing military conflict in the Middle East and security-related disruptions in Mexico, as well as terrorist attacks or other acts of violence, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as hurricanes, earthquakes, tsunamis, tornadoes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; the impact of government-issued travel advisories, airspace closures, or flight suspensions on international arrivals and hotel bookings in affected regions; our ability to successfully achieve specified levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations or realize anticipated synergies; failure to successfully complete proposed transactions, including the failure to satisfy closing conditions or obtain required approvals; our ability to maintain effective internal control over financial reporting and disclosure controls and procedures; declines in the value of our real estate assets; unforeseen terminations of our management and hotel services agreements or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and manage the Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our franchising business and licensing businesses and our international operations; and other risks discussed in the Company's filings with the SEC, including our annual reports on Form 10-K and quarterly reports on Form 10-Q, which filings are available from the SEC. All forward-looking statements attributable to the Company or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We do not undertake or assume any 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 law. 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.

A bout Hyatt Regency

The Hyatt Regency brand is a global collection of hotels and resorts found in more than 245 locations in over 50 countries around the world. The depth and breadth of this diverse portfolio, from expansive resorts to urban city centers , is a testament to the brand's evolutionary spirit. For more than 50 years, the Hyatt Regency brand has championed fresh perspectives and enriching experiences, while its forward-thinking philosophy provides guests with inviting spaces that bring people together and foster a spirit of community. As a hospitality original, Hyatt Regency hotels and resorts are founded on openness-our colleagues consistently serve with open minds and open hearts to deliver unforgettable celebrations, effortless relaxation and notable culinary experiences alongside expert meetings and technology-enabled collaboration. The brand prides itself on an everlasting reputation for insightful care-one that welcomes all people across all countries and cultures, generation after generation. For more information, please visit hyattregency.com . Follow @HyattRegency on Facebook and Instagram , and tag photos with #HyattRegency.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose - to care for people so they can be their best. As of March 31, 2026, the Company's portfolio included more than 1,500 hotels and all-inclusive properties in 83 countries across six continents. The Company's offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX ®, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry ® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid® Hotels & Resorts, Bahia Principe Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Unscripted by Hyatt, Hyatt Place®, Hyatt House®, Hyatt Studios®, Hyatt Select, and UrCove . Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar® DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com .

About Green Rock LLC

Green Rock is a n Armenia -based development company with an investment portfolio of USD 160 million across its ecosystem of projects in Armenia and beyond. The company develops real estate, hospitality, tourism, cultural, educational, and public infrastructure designed to attract visitors, support local communities, and contribute to long-term regional growth.

Green Rock Management Group operates across four strategic directions: Development, Operations, Investments, and Foundation. Its portfolio includes more than 15 business projects and more than 10 social initiatives, covering the full cycle from development and construction to operations, investment projects, community programs, and local capacity building. The company applies a standards-based approach to responsible development, including EDGE sustainability requirements, FIDIC-based project governance, British construction standards.