Hyatt Assures New Jobs for Displaced Boston Workers

* Reuters is not responsible for the content in this press release.

Fri Sep 25, 2009 3:48pm EDT

BOSTON--(Business Wire)--
All housekeepers affected by August staff reductions at the three Hyatt hotels
in Boston will be offered new full-time positions in the Boston market. The
jobs, which will be provided by an affiliate of United Service Companies, will
match the employees` previous Hyatt rate of pay through the end of 2010. The
Boston Hyatt hotels will extend healthcare coverage through March 31, 2010 for
the employees who choose to accept positions with United Service Companies,
after which they will have the option to obtain health care benefits through
their new employer. 

"We are committed to supporting all of our associates, especially when they are
negatively affected by business decisions made necessary by the most difficult
economic environment in decades," said Phil Stamm, general manager of the Hyatt
Regency Boston and chair of a local Hyatt management task force formed to assist
the displaced workers. "Every housekeeping employee who wants a job will have
one. That`s our promise." 

Affected employees who wish to pursue a different employment path are being
offered career services and training opportunities through a partnership Hyatt
has formed with Manpower and Right Management. Employees opting to participate
in the career services and retraining program will receive financial support
equal to their Hyatt rate of pay through March 2010 or until they secure
permanent jobs, whichever comes first. "We`re pleased to be able to support our
employees with retraining and job search assistance provided by a highly
respected employment and placement firm," said Stamm. 

"We are meeting with these individuals to fully explain their options, answer
their questions and ease the transition," said Michael Hickey, general manager
of Hyatt Regency Cambridge, also a member of the task force. "The task force we
set up accomplished what we set out to do. We believe the creative solutions
we`re offering are responsive to the concerns expressed throughout our
community, and are consistent with Hyatt`s core values as well as our
responsibility to manage our properties prudently in this very difficult
economy." 

"We sincerely hope these efforts demonstrate the respect we have for our
associates and renew the community`s faith in Hyatt. Contrary to the way our
actions have been characterized by many, we did attempt to implement this
staffing change in a respectful manner and many of the assertions that have been
made are false. We do, however, recognize and regret that we did not handle all
parts of the transition in a way that reflects our organization`s values," said
Stamm. 

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a proud heritage of making guests feel more than
welcome. Thousands of members of the Hyatt family in 45 countries strive to make
a difference in the lives of the guests they encounter every day by providing
authentic hospitality. The company`s subsidiaries manage, franchise, own and
develop hotels and resorts under the Hyatt, Park Hyatt, Andaz, Grand Hyatt,
Hyatt Regency, Hyatt Place and Hyatt Summerfield Suites brand names and have
locations under development on five continents. Hyatt Vacation Ownership, Inc.,
a Hyatt Hotels Corporation subsidiary, develops and operates vacation ownership
properties under the Hyatt Vacation Club brand. As of June 30, 2009, the
company`s worldwide portfolio consisted of 413 properties. For more information,
please visit www.hyatt.com.



Hyatt Hotels & Resorts
Farley Kern, 312-780-5506
farley.kern@hyatt.com

Copyright Business Wire 2009

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