Hyatt Announces the Opening of Andaz Lisbon

CHICAGO (March 11,2026) - Hyatt Hotels Corporation (NYSE: H) today announced the opening of Andaz Lisbon, marking the brand's debut in Portugal and a significant milestone in Hyatt's thoughtful refinement of its Lifestyle brands and targeted growth strategy across the region.

Set within Lisbon's historic Baixa neighborhood, Andaz Lisbon places guests at the center of the city's cultural and architectural legacy. With views of the Praça do Comércio and Tagus River waterfront, the hotel is in close proximity to the vibrant cafés, charming boutiques, and dynamic nightlife the city is known for. Andaz Lisbon invites guests to experience the city through a locally attuned lens.

"The opening of Andaz Lisbon is an exciting moment for our lifestyle portfolio in Europe. I fell in love with Lisbon about a decade ago so this, in many ways, is a dream come true. Lisbon is a city defined by rich history, creativity, and individuality and this property reflects that spirit through its design, storytelling, and local collaboration and our approach with Andaz to be deeply rooted to our locations and enriching for our guests." said Amar Lalvani, President & Creative Director, Lifestyle, Hyatt.

Thoughtfully designed rooms and suites

Andaz Lisbon offers 170 intentionally crafted rooms and suites, each designed to reflect the city's spirit. A layered pattern of textures, materials, and tones brings together traditional Portuguese craftsmanship with a globally minded aesthetic. Locally inspired details, including cork accents, stone finishes, mosaic tiles, and mahogany, are reimagined through a discerning lens, creating spaces that feel timeless and modern. Seamlessly integrated technology enhance guest experience from effortless check-in to immersive digital art, while personalized an attentive service remain at the heart of every Andaz stay. The guest rooms feature Byredo bath products and sweeping views of Lisbon's cityscape.

Immersive culinary journeys

The hotel's dining concepts explore a fusion of the traditional and the contemporary. Luzzi, the rooftop restaurant and terrace, reflects Portugal's influence on global cuisine. Additionally, Andaz Lounge, located in the heart of the hotel, brings the energy of Lisbon's streets indoors with reimagined Portuguese classics inspired by Lisbon's iconic kiosks.

Wellness & Rejuvenation

Guests of Andaz Lisbon will have access to a fully equipped, state-of-the-art fitness center featuring high-performance Technogym equipment and ensuring a fulfilling wellness experience while traveling. Complementing the fitness offering, the hotel will soon introduce a spa with restorative amenities crafted to soothe, rebalance, and inspire renewal. Guests will also be able to enjoy a curated selection of in-room spa services, offering personalized relaxation and indulgence in the comfort and privacy of their own room.

"I'm incredibly proud to welcome guests to Andaz Lisbon, a landmark opening that brings the Andaz spirit to one of Europe's most magnetic cities," said Cajetan Araujo, General Manager, Andaz Lisbon. "Lisbon is a city of rich culture, art, texture, and soul, where history lives alongside creativity and every street tells a story. From our iconic city-center location, guests are invited to explore, connect, and immerse themselves in the rhythm of our city. At Andaz Lisbon, each stay is shaped by authentic local experiences and the heartfelt warmth that defines Portuguese hospitality."

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

About Andaz

Andaz hotels are designed for those with a global sensibility. These hotels are grounded in their local surroundings and infused with local culture. Their personalized, attentive service empowers guests and enriches the world around them, leaving a lasting sense of energy and fulfillment. Enjoy World of Hyatt benefits with eligible stays at Andaz hotels - discover more here.

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 December 31, 2025, 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 byHyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, TheStandardX®, 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 Principle 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.

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, 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; hostilities, or fear of hostilities, including future terrorist attacks, 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; 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 successfully complete dispositions of certain of our owned real estate assets within targeted timeframes and at expected values; 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 U.S. Securities and Exchange Commission ("SEC"), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. 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 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 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.

Media Contact:

Mercy Amankwe

[email protected]