Hyatt Announces Plans for Hyatt Place Semarang, Expanding Brand Presence in Indonesia

CHICAGO (June 16, 2026) - Hyatt Hotels Corporation (NYSE:H), announced today that a Hyatt affiliate has entered into a management agreement with PT PAM and BINA NUSANTARA, strengthening Hyatt's brand presence in Indonesia and supporting Hyatt's continued growth across key destinations in Southeast Asia. Hyatt Place Semarang will become part of an integrated ecosystem in Semarang, together with BINUS SCHOOL Semarang, BINUS University @Semarang, 23 Semarang Mall, and other supporting facilities. Through this development, BINA NUSANTARA aims to create a connected environment where education, community, lifestyle, business, and hospitality can grow together and bring added value to the people of Semarang and its surrounding areas.

As part of Hyatt's Essentials portfolio, the select-service hotel expected to bring the Hyatt Place brand's intuitive design, seamless experiences, and 24/7 conveniences to the city. Hyatt Place Semarang will offer a comfortable, functional, and relevant stay experience for various needs, from business trips and family activities to community events and other gatherings. The hotel is expected to become a new icon that strengthens Semarang's appeal as a growing destination for business, tourism, and lifestyle.

Lawrence Wibisono, Direktur utama PT PAM, said that the development of Hyatt Place Semarang is part of BINA NUSANTARA's effort to expand its contribution and create broader benefits for society. "BINA NUSANTARA continues to expand its contribution by presenting initiatives that are not only focused on education but also support the growth of communities and the surrounding area. The groundbreaking of Hyatt Place Semarang is one of our steps to strengthen BINA NUSANTARA's presence in Semarang, while opening new opportunities for collaboration and added value for the community," said Lawrence.

Hyatt Place Semarang is planned with a total of seven floors and 154 rooms. The hotel will be equipped with various facilities, including a lobby, all-day dining, ballroom, meeting rooms, restaurant, gym, swimming pool, and rooftop bar with a view of the Java Sea.

Sarah Leow, Head of Growth & Owner Relations, North East Asia & South East Asia, Hyatt, welcomed the plans for Hyatt Place Semarang as part of the growth of the hospitality sector in the city. "We are excited to celebrate the groundbreaking of Hyatt Place Semarang and work alongside PT PAM and BINA NUSANTARA to bring the Hyatt Place brand to the city," said Sarah. "As Semarang continues to grow as a destination for business, education, and tourism, we believe Hyatt Place Semarang will offer a seamless stay experience that meets the needs of today's modern travelers visiting the city for both business and leisure."

The design of Hyatt Place Semarang is inspired by organic forms and the character of a coastal city. This concept is reflected through the building's dynamic shape, green open spaces, and an inner court that brings in natural light throughout the day. This approach is expected to create a different experience for visitors, while strengthening Semarang's character as a modern, open, and growing coastal city.

Francis Budiraharja Santoso, Komisaris PT PAM, added that Hyatt Place Semarang is part of BINA NUSANTARA's long-term vision to build a connected and supportive ecosystem in Semarang. "In Semarang, we see great potential to build an integrated and supportive environment. The presence of BINUS SCHOOL Semarang, BINUS University @Semarang, 23 Semarang Mall, and Hyatt Place Semarang is part of our effort to create an environment that supports education, talent development, community activities, lifestyle, and hospitality. We hope this development can become one of BINA NUSANTARA's contributions to the growth of Semarang as a city of education, business, and hospitality," said Francis.

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 Hyatt Place

Hyatt Place hotels combine style, innovation and 24/7 conveniences to create an easy to navigate experience for today's multi-tasking traveler. Guests can enjoy thoughtfully designed guestrooms featuring distinct zones for sleep, work and play, and free flowing social spaces that offer seamless transitions from work to relaxation. With more than 450 locations globally, Hyatt Place hotels feature convenient dining options, a 24/7 fitness center, and a hot breakfast served every morning. For more information, please visit hyattplace.com. Join the conversation on Facebook and Instagram, and tag photos with #HyattPlace.

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 March 31, 2026, 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 ParkHyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX®, 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 Principe 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. These statements include statements about the Company's plans, strategies, outlook, the number of properties we expect to open in the future, the expected timing and payment of dividends, the Company's 2026 outlook, including the Company's expected System-wide Hotels RevPAR Growth, Net Rooms Growth, Net Income, Gross Fees, Adjusted G&A Expenses, Adjusted EBITDA, Capital Expenditures, and Adjusted Free Cash Flow, expected capital returns to shareholders, financial performance, prospective or future events and involve known and unknown risks that are difficult to predict. As a result, the Company's actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. 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CONTACT:

Jean Miu

Hyatt - ASPAC

[email protected]

Haris Suhendra

+62 816-1640-983

[email protected]

https://www.binus.edu