Hotel Management Agreement Hyatt

The Hyatt Hotels Corporation, based in the in, is a world leader in hospitality, with a proud heritage that gives guests a sense of emotion. Thousands of Hyatt family members in 45 countries strive to change the lives of the guests they meet every day with authentic hospitality. The company`s subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt, Park® hyatt, Andaz, ®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt Summerfield Suites brands™ brand names and sites developed on five continents. Hyatt Vacation Ownership, Inc., a subsidiary of Hyatt Hotels Corporation, develops and operates vacation properties under the Hyatt Vacation Club brand®. As of September 30, 2009, the Company`s global portfolio included 415 properties. For more information, see Hyatt has operated real estate since 1983. Currently, Hyatt operates five hotels, including Park Hyatt Goa Resort and Spa, Grand Hyatt Mumbai, Hyatt Regency Mumbai, Hyatt Regency Delhi and Hyatt Regency Kolkata. Headquartered in DB Hospitality Pvd. Ltd., DB Group is part of DB Group, a leading Indian real estate development company specializing in industry, housing, hospitality, retail, computer parks and Gated Properties.

The company will be one of the largest owners of hotel rooms by 2014. “We are proud to work with Hyatt to manage these iconic properties,” said Julian R. Groom, Chief Operating Officer and Managing Director of DB Hospitality Pvt. Ltd. “Hyatt`s knowledge of the Indian market and its global reputation is consistent with our company`s pursuit of excellence and efforts to achieve the highest level of hospitality.” E. Farley Kern Hyatt Hotels and Resorts – 1 312 780 5506 DB Hospitality Pvt. Ltd., considered one of the fastest growing real estate developers, will develop and own the properties, all of which will be located in major business centres. Plans include luxurious and high-end accommodation, serviced apartments, authentic restaurants and meeting rooms.

“The introduction of five new Hyatt properties in one of the world`s most dynamic emerging markets demonstrates our commitment to strengthening our global presence,” said Ratnesh Verma, Senior Vice President of Real Estate and Development at Hyatt. “We are pleased to offer our customers access to our first-class favorite brands in these increasingly popular markets.” Accommodations that are scheduled to be open on different dates between mid-2010 and early 2014 include Park Hyatt Mumbai, Grand Hyatt Goa, Grand Hyatt Pune, Hyatt Place Pune and Hyatt Place Mundra.