Hyatt to Rebrand Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch Under the Grand Hyatt Brand in Late 2024

Rebrand plans include $110 million transformative renovation to hotel’s guestrooms and public areas, as well as an expansion of meeting and event space

Hyatt Hotels Corporation (NYSE: H) today announced the planned rebranding of Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch to Grand Hyatt Scottsdale Resort & Spa in late 2024, which will mark the first Grand Hyatt hotel in Arizona. The hotel’s ownership group, Xenia Hotels and Resorts, plans to invest approximately $110 million to fully transform the property into a Grand Hyatt hotel, creating a bold, vibrant and elevated experience for guests. The resort will undergo extensive renovations and enhancements of its guestrooms; pools; food and beverage outlets; well-known Spa Avania and Fitness center; and key public areas and amenities, including the expansion of the hotel’s indoor and outdoor meeting and event spaces.

Renovation of Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch is expected to begin in early summer 2023 in a phased approach with an anticipated completion in late 2024. The hotel will remain in operation during the renovation process – minimizing impact to the guest experience as much as possible.

“Hyatt continues to prioritize our brands in key leisure destinations that matter most to our guests, World of Hyatt members and customers," said Pete Sears, Americas group president, Hyatt. “The planned renovation of Hyatt Regency Scottsdale will be truly remarkable, and we are excited to introduce the Grand Hyatt brand’s inspiring and immersive experiences to Arizona. We are grateful for Xenia’s continued investment in this special hotel.”

Grand Hyatt Scottsdale Resort & Spa will offer guests unparalleled service and spectacular experiences surrounded by the majestic McDowell Mountains, celebrating the best of what the destination has to offer. Reflecting all that is grand in locales around the globe, including Beijing, Dubai and Istanbul, Grand Hyatt hotels connect guests to the most iconic experiences, landmarks and cultural touchstones of their destination, in spectacular fashion. With their awe-inspiring architecture, smart, sophisticated design, and superior service and amenities to match, Grand Hyatt hotels deliver a luxury travel experience beyond all expectation.

The 27-acre resort is ideally situated in the heart of one of Scottsdale’s most prestigious areas, offering one of the most exciting 2.5-acre water playgrounds in Arizona and top-rated golf courses in the southwest with an array of activities to enjoy and experience. The property recently completed enhancements to the grand entryway, which now features a one-of-a-kind sculptural installation, designed and created by artist and architect Paolo Soleri. Additionally, guests can enjoy the beauty of the Sonoran landscape at the new Desert Garden event venue, available for weddings, meetings and social activities.

To learn more about the Grand Hyatt brand, please visit grandhyatt.com. For more information, please visit hyattregencyscottsdale.com.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates. The terms “Xenia” or “Xenia Hotels & Resorts” are used in this release for convenience and refer to Xenia Hotels & Resorts, Inc. and/or one or more of its affiliates.

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 September 30, 2022, the Company’s portfolio included more than 1,200 hotels and all-inclusive properties in 72 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Residence Club®, Hyatt Place®, Hyatt House®, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Hyatt Centric®, and Caption by Hyatt; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt™, and JdV by Hyatt™; and the Inclusive Collection, including Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

About Xenia Hotels & Resorts, Inc.

Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels comprising 9,508 rooms across 14 states. Xenia’s hotels are in the luxury and upper upscale segments and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, The Kessler Collection, and Davidson. For more information on Xenia’s business, refer to the Company website at www.xeniareit.com.

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