SOURCE: Hyatt Hotels Corporation

January 30, 2006 11:00 ET

Chuck Floyd Appointed Executive Vice President and Chief Operating Officer, Hyatt Hotels Corporation

CHICAGO, IL -- (MARKET WIRE) -- January 30, 2006 -- 25-year Hyatt Veteran Chuck Floyd, 45, has been promoted to Executive Vice President/Chief Operating Officer for Hyatt Hotels Corporation, based in Chicago. In his new role, Floyd assumes the responsibilities of Hyatt Hotels Corporation's departing president and longtime company executive Ed Rabin, who retired in December.

Floyd has served as Executive Vice President of Operations since September 2003. In his new role, Floyd is responsible for the management of the company's 124 hotels and resorts in the U.S., Canada and the Caribbean in addition to overseeing various corporate functions including Sales, Human Resources, Product and Design, Rooms, Food & Beverage and Engineering. He reports to Doug Geoga, President of Global Hyatt Corporation.

"Chuck has been and will continue to be a wonderful leader within our organization and the hospitality industry," said Geoga. "His dynamic management style is a perfect match for sustaining Hyatt's presence in the industry and its future growth."

Floyd has previously served as Senior Vice President of Operations and earlier, Senior Vice President of Sales for Hyatt Hotels Corporation.

Since joining the company in 1981 at the Hyatt Regency Atlanta, Floyd has filled a variety of management positions. He was general manager at Hyatt hotels in Chicago, Minneapolis and San Francisco, where he was appointed Vice President-Managing Director in 1996.

Floyd holds a degree in Hotel Restaurant Administration from Florida State University and is a graduate of Northwestern University's Kellogg Graduate School of Management's Executive Development Program. He was nominated for Hyatt's General Manager of the year in 1992, 1993 and 1994.

He resides in Winnetka, Illinois with his wife and three children.

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