Hyatt Goes Green at New Chicago Headquarters with Ecova

Renewal of energy management contract follows successful
implementation of Ecova’s energy efficiency program

SPOKANE, Wash.–(BUSINESS WIRE)–#energyefficiency—Ecova,
a leading energy and sustainability management company, has been
selected by Hyatt Corporation to provide comprehensive energy management
services for the company’s new headquarters that opened in August 2017.
Hyatt has also renewed its existing contract with Ecova to continue
delivering intelligent energy management strategy
options/recommendations for hotels within its select service portfolio.

Ecova understands that many businesses, particularly those in the
hospitality industry with hundreds of sites, are challenged to identify
trends for energy, water, waste, and telecommunications expenses. Ecova
maintains the largest database of utility data for the hospitality
market, which drives robust benchmarking for organizations. In
concert with Ecova, Hyatt leverages this global data to compare multiple
sites and drive significant efficiencies across its portfolio.

Similar to the services delivered under the prior relationship, Ecova
provides Hyatt’s corporate headquarters with several energy and expense
management services, including utility
bill processing, site specific utility service management, and
monitoring monthly financial information to help optimize budgets. Hyatt
can access these analyses through Ecova’s Energy and Sustainability
Management Platform, a single intuitive source of data and insights that
will assist in setting companywide benchmarks, identify performance
outliers, and prioritize facility improvements.

“Ecova has helped Hyatt avoid significant costs through negotiated
deregulated utility rate savings and analytics,” said Vincent Manier,
Chief Financial Officer of Ecova. “From our deep expertise helping
hoteliers improve efficiencies in their high-energy-usage facilities, we
will continue to serve Hyatt by providing data for its sustainability
program and ensuring the company’s energy expenditures are managed
effectively.”

Hyatt’s relocation of its global headquarters to a state-of-the-art
facility in Chicago brings together approximately 1,000 employees
previously based in two buildings. The new facility at 150 N. Riverside
Plaza is a 53-story, 1.2 million-square-foot office tower located in the
West Loop along the Chicago River. Ecova helped Hyatt manage the
transition with its utility vendors, providing energy supply
negotiations and ensuring utility billing remained accurate throughout
the move.

“In working with Ecova, we’re creating a more energy efficient,
sustainable environment to contribute to a greener Chicago and in the
communities where we do business worldwide,” said Ted Lorenzi, director
of facilities, Hyatt. “Sustainability is a priority around the globe,
which is why we are continuing to use Ecova’s technology platform and
services to better manage our utility and energy spend across our
portfolio.”

About Ecova

Ecova makes businesses and utilities more successful through energy
and sustainability management. Ecova blends data and technology,
with people and insight, to drive powerful results for their clients.
Using insights based on consumption, cost and carbon footprint data
spanning thousands of utilities, hundreds of thousands of business sites
and millions of households, Ecova provides fully managed,
technology-optimized solutions for saving resources, which in turn
increase returns, lower risks and enhance reputations. Ecova is a
wholly-owned subsidiary of ENGIE, a worldwide, global energy player. For
more information, visit the company’s website www.ecova.com,
on LinkedIn,
or follow Ecova on Twitter at @EcovaInc.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a portfolio of 13 premier brands. As of
September 30, 2017, the Company's portfolio included 739 properties in
57 countries. The Company's purpose to care for people so they can be
their best informs its business decisions and growth strategy and is
intended to create value for shareholders, build relationships with
guests and attract the best colleagues in the industry. The Company's
subsidiaries develop, own, operate, manage, franchise, license or
provide services to hotels, resorts, branded residences and vacation
ownership properties, including under the Park Hyatt®, Miraval®, Grand
Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®, The Unbound
Collection by Hyatt®, Hyatt Place®, Hyatt House®, Hyatt Ziva™, Hyatt
Zilara™ and Hyatt Residence Club® brand names and have locations on six
continents. For more information, please visit www.hyatt.com.

Contacts

InkHouse
Rachael Tucker, 508-280-4846
[email protected]