Hyatt
Hotels Corporation (NYSE: H) is “Mobilizing for Impact” as a
first-time participant in the 2013 Clinton Global Initiative (CGI)
Annual Meeting. Hyatt Executive Vice President and Chief Human Resources
Officer Robb Webb will serve as the company’s delegate to the annual
meeting. In addition to meeting with potential partners and thought
leaders to inform Hyatt’s forthcoming CGI commitment, Webb served as a
featured guest on the live webcast conference for Laureate International
Universities, addressing more than 780,000 students around the world on
how Hyatt is using its global brand presence to empower associates to
make a difference in their own communities.
“We’re looking forward to connecting with innovators and collaborators
who share Hyatt’s passion for caring for people and creating thriving
communities all over the world,” said Webb. “CGI’s vision of mobilizing
for impact and turning ideas into positive actions is exactly what Hyatt
is all about. Through our collaboration with CGI and a variety of
partners, we can create lasting, scalable success in the neighborhoods
where our hotels are located, where our associates live and work and our
guests come to visit. As our company continues on its journey to make a
difference, we will continue to work with partners and allies that also
have human care and human spirit at the heart of their business.”
The company, which earlier this year launched its Ready to Thrive
philanthropy program to support education as a critical foundation for
future success, is among the newest CGI members and expects to announce
its formal commitment focused on caring for people and communities and
advancing its global philanthropic commitment in 2014.
A Long-Standing Commitment to People and
Communities
In 2011, Hyatt launched its signature corporate responsibility platform, Hyatt
Thrive. Focused on care and responsibility, Hyatt Thrive formalized
the company’s long-standing commitment to its people, the communities
where its hotels operate and the planet. Along with establishing targets
for reducing the company’s environmental impact, Hyatt Thrive sets a
global vision of promoting responsible business practices across four
key areas: environmental sustainability, education and personal
advancement, economic development and investment, and health and
wellness.
Hyatt expanded its corporate responsibility commitment with the launch
of Ready to Thrive in 2013, a multi-year philanthropic commitment
to education initiatives in Hyatt communities around the world. With a
focus on literacy and career readiness, Ready to Thrive supports
community organizations and programs that offer a launching point for
individuals to learn and develop the critical skills needed to
professionally advance.
Earlier this year, Hyatt also issued an update to its biannual corporate
responsibility report, highlighting key milestones and initiatives for
calendar year 2012. The full report is available at http://thrive.hyatt.com/responsibilityreport.html.
For more information on Hyatt Thrive, please visit www.HyattThrive.com.
The term “Hyatt” is used in this release for convenience to refer to
Hyatt Hotels Corporation or one or more of its subsidiaries and
affiliates.
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 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 House® brand names and have
locations on six continents. Hyatt Residential Group, Inc.,
a Hyatt Hotels Corporation subsidiary, develops, operates,
markets or licenses Hyatt ResidencesTM
and Hyatt Residence ClubTM. As of
June 30, 2013, the Company's worldwide portfolio consisted of 524
properties in 46 countries. For more information, please visit www.hyatt.com.
About the Clinton Global Initiative (CGI)
Established in 2005 by President Bill Clinton, the Clinton Global
Initiative (CGI), an initiative of Bill, Hillary & Chelsea Clinton
Foundation, convenes global leaders to create and implement innovative
solutions to the world’s most pressing challenges. CGI Annual Meetings
have brought together more than 150 heads of state, 20 Nobel Prize
laureates, and hundreds of leading CEOs, heads of foundations and NGOs,
major philanthropists, and members of the media. To date CGI members
have made more than 2,300 commitments, which are already improving the
lives of more than 400 million people in over 180 countries. When fully
funded and implemented, these commitments will be valued at $73.5
billion.
CGI also convenes CGI America, a meeting focused on collaborative
solutions to economic recovery in the United States, and CGI University
(CGI U), which brings together undergraduate and graduate students to
address pressing challenges in their community or around the world, and,
this year, CGI Latin America, which will bring together Latin American
leaders to identify, harness, and strengthen ways to improve the
livelihoods of people in Latin America and around the world. For more
information, visit clintonglobalinitiative.org and follow us on Twitter
@ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.
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. Our actual
results, performance or achievements may differ materially from those
expressed or implied by these forward-looking statements. In some cases,
you can identify forward-looking statements by the use of words such as
“may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,”
“believe,” “estimate,” “predict,” “potential,” “continue,” “likely,”
“will,” “would” and variations of these terms and similar expressions,
or the negative of these terms or similar expressions. Such
forward-looking statements are necessarily based upon estimates and
assumptions that, while considered reasonable by us and our management,
are inherently uncertain. Factors that may cause actual results to
differ materially from current expectations include, among others, the
rate and pace of economic recovery following economic downturns; levels
of spending in business and leisure segments as well as consumer
confidence; declines in occupancy and average daily rate; if our
third-party owners, franchisees or development partners are unable to
access the capital necessary to fund current operations or implement our
plans for growth; changes in the competitive environment in our industry
and the markets where we operate; our ability to access the capital
markets; and other risks discussed in the Company's filings with the
U.S. Securities and Exchange Commission, including our Annual Report on
Form 10-K, which filings are available from the SEC. We caution you not
to place undue reliance on any forward-looking statements, which are
made as of the date of this press release. We undertake no 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 laws. 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.
Copyright Business Wire 2013