Hyatt Hotels Corporation · NYSE:H
Hyatt Hotels — Corporate Update (February 2013)
12 slides from Hyatt Hotels's corporate update, Feb 1, 2013
Slide 1: Management Agreements for Four Hotels in France
Exhibit 99.2 Management Agreements for four hotels in france February 1, 2013
Slide 2: Forward Looking Statements
Forward looking Statements Forward-looking statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements about our plans and strategi
Slide 3: Overview
Overview • Hyatt a to re-brand four hotels in France as follows: Current name: To be re-branded as: Concorde La Fayette Hyatt Regency Paris Etoile Hotel du Louvre Andaz following renovation Hotel Martinez Grand Hyatt Cannes Hotel Martinez Palais de la Mediterranee Hyatt Regency Nice Palais de la Med
Slide 4: High Demand Markets: Paris
High Demand Markets Paris: • One of the most successful and largest hotel markets in Europe with high barriers to entry a • 36.9M hotel nights, 15.6M arrivals in 2011 b • 81,139 Rooms / 1,549 hotels b • b Total market RevPAR + 4.7% YTD November 2012 • Attracts a large number of meetings, congresses
Slide 5: High Demand Markets: Cannes and Nice
High Demand Markets Cannes: nd • France’s 2 most important city for business, tourism and a strong group destination • 2M visitors annually a • 120 hotels / 7,500 rooms in 2011 a b • Total market RevPAR + 5.9% YTD November 2012 Nice: c • Fifth largest city in France with nearly 4M visitors annually
Slide 6: Strong Portfolio Attributes
Strong Portfolio Attributes • Diverse earnings mix • 44% Group • 56% Transient • Opportunity to increase inbound business Current Mix: • 69% Europe • 12% U.S. • 8% Rest of World excluding Europe • 7% Middle East • Strong current market share, expected to grow • Owner to complete a significant portfo
Slide 7: Expanding our Footprint In France
Expanding our Footprint In France Existing portfolio: Paris • Park Hyatt Paris Vendome (158 rooms) • Hyatt Paris Madeleine (86 rooms) • Hyatt Regency Paris Charles De Gaulle (388 rooms) Additions to the portfolio: Paris • Hyatt Regency Paris Etoile (950 rooms) • Hotel du Louvre (177 rooms, Andaz fol
Slide 8: Portfolio Detail
Portfolio detail HYATT REGENCY PARIS ETOILE HOTEL DU LOUVRE (ANDAZ FOLLOWING RENOVATION) 950 rooms 177 rooms 37,000 square feet of meeting space Strong demand from both corporate and leisure guests Strong group business as proximate to Palais des Congres, the largest meeting venue in Europe Built in
Slide 9: Management Agreement and Fee Terms
Management Agreement and FEE Terms • Long-term management agreements with renewal options • Fixed base fee percentage • First 12 months: approximately €5M • Expected to increase over time • Performance guarantee covers first seven years of management agreements • No annual guarantee cap, maximum cum
Slide 10: Performance Guarantee Accounting
Performance Guarantee accounting • Liability of approximately €90M to be recorded upon inception of the performance guarantee; represents the fair value of the performance guarantee liability with an offsetting intangible asset • The performance guarantee liability will be amortized as income over t
Slide 11: Summary
Summary • Agreements are consistent with strategy to increase long-term brand presence in key gateway locations • Unique opportunity given high-barrier-to-entry markets • Iconic, well-known, well-performing hotels with diverse customer base • Ability to immediately brand and manage under Hyatt brand
Slide 12: Hyatt: You're More Than Welcome
HYALT" YOU’RE more THAN WELCOME HYALT’ 12