Grand Hyatt Deer Valley

Expected to open late 2024, Grand Hyatt Deer Valley will expand Hyatt's brand presence in a vibrant resort market.

Hyatt Hotels Corporation (NYSE:H) and Extell Development Company today announced the planned expansion of the Grand Hyatt brand in Park City, Utah. Expected to open late 2024, Grand Hyatt Deer Valley will mark the debut of the Grand Hyatt brand in Utah and will be located at the famed Deer Valley Resort. Uniquely designed as a captivating destination within a destination, the property will open as the first luxury hotel within Deer Valley Resort's forthcoming expansion.

Situated 40 minutes from the Salt Lake City International Airport, Grand Hyatt Deer Valley will offer 387 expansive guestrooms, inclusive of 40 suites, 55 private residences and 38,900 square feet of indoor event space, including a 10,000 square foot grand ballroom. Guests will be able to enjoy world-class dining options, including an après ski bar and grill, a signature bar and restaurant, and coffee bistro. The property will feature an expansive outdoor event terrace with panoramic mountain views, a heated year-round pool and whirlpool, fitness center, and more.

Expected to open in time for the 2024/2025 ski season, Grand Hyatt Deer Valley will mark another milestone in Hyatt's intentional growth strategy and provide guests and World of Hyatt members more ways to explore destinations through memorable experiences.

The hotel's convenient location at the famed Deer Valley Resort will provide easy access to the slopes and the resort's many winter and summer attractions, including various restaurants, retailers, a children's center, and one of the largest ski beaches in the world - the ideal gathering spot to lounge, soak up the sun and enjoy breathtaking mountain views. The hotel will be part of the planned expansion of Deer Valley Resort that will more than double the resort's skiable terrain and feature 16 new ski lifts and a state-of-the-art 10-passenger gondola; such network of chairlifts will offer efficient access to over 235 ski runs across 10 mountain peaks. Additionally, the hotel will be located a short drive from Park City's historic main street, as well as access to hiking, mountain biking, golf, horseback riding and various watersports during the summer months.

Following the property's expected opening in late 2024, World of Hyatt members will have the opportunity to experience Deer Valley's renowned ski resort and earn points on stays to use toward free nights, dining, wellbeing experiences and more.

To learn more information about the Grand Hyatt brand, please visit https://www.hyatt.com/brands/grand-hyatt.

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

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