Statement Regarding September 24 Chicago Demonstration

Sep 24, 2009, 18:40 ET from Hyatt Hotels Corporation

CHICAGO, Sept. 24 /PRNewswire/ -- The Hyatt hotels in Chicago, along with other hotels in the city with union associates, have just begun negotiations. We fully expect to reach a satisfactory agreement with the union. We respect the union's decision to gather today but believe the most productive place to address these important matters is at the negotiating table.

"At a time when businesses and individuals are cutting back on travel during the worst economic period we have seen in decades, the Hyatt hotels in Chicago remain committed to the city, the State of Illinois and more than 1,700 Hyatt employees," said John Schafer, vice president and managing director, Hyatt Regency Chicago. "We look forward to continuing our discussions. By working together, we can reach an agreement that provides our guests with the level of service they have come to expect from Hyatt."

We have come to every discussion in good faith and will continue to do so. It is our goal to be the preferred hotel employer. Respect for each other and for all of our associates is a core Hyatt value. These are the key principles we bring to the negotiating table. The Hyatt hotels in Chicago will continue to offer a competitive wage and benefit package.

There is no connection between labor negotiations in Chicago and recent staffing changes in Boston. Despite what has been reported, the hotels in Boston have treated their housekeepers with fairness and dignity. Our Boston properties, along with Hyatt's regional management team are creating individual support plans for each of the affected employees in addition to the severance, healthcare coverage, and counseling already provided. We have instituted a task force that is actively providing ongoing assistance to the former Boston area Hyatt employees.

SOURCE Hyatt Hotels Corporation