Hyatt and Homeinns Hotel Group Expand Strategic Relationship with Plans to Bring Hyatt Studios Brand to China

Hyatt Hotels Corporation (NYSE: H) and Homeinns Hotel Group (Homeinns) today announced that their respective subsidiaries have entered into a strategic master franchise agreement to introduce Hyatt Studios hotels in China. This collaboration will expand Hyatt’s portfolio in the upper-midscale segment by adding hotels in Hyatt’s new extended-stay brand in one of the world’s most dynamic hospitality markets.