Vibrant New Addition to the JdV by Hyatt Brand - TOOR Hotel – Opens in Downtown Toronto

New upscale lifestyle hotel brings an elevated experience to the heart of Toronto

CHICAGO--(BUSINESS WIRE)-- Hyatt Hotels Corporation (NYSE:H) announced today the opening of TOOR Hotel, a stylish new upscale lifestyle hotel in Toronto’s lively Garden District. As the second JdV by Hyatt hotel in the city, and the third in Canada, TOOR Hotel expands the brand’s presence in one of Canada’s most dynamic destinations.

TOOR Hotel, JdV by Hyatt

Embodying the free-spirited essence of the JdV by Hyatt brand, TOOR Hotel offers a thoughtfully curated experience in its urban location at 203 Jarvis Street. With cultural landmarks like the Royal Ontario Museum and business hubs including the Financial District, the hotel serves as the perfect locale for exploring Toronto. Whether browsing vibrant markets or unwinding at Muse Bistro + Bar, guests can enjoy an experience that is distinctly “yours truly.”

“TOOR Hotel is a vibrant space where travelers can truly connect with the culture, diversity and energy of this remarkable city,” said Katie Johnson, vice president, global brand leader for Hyatt. “From its bold design to its welcoming atmosphere, the hotel reflects the lively spirit of Toronto and the independent ethos of the JdV by Hyatt brand. We look forward to giving our World of Hyatt members another exciting destination to visit.”

Stay with Style in the City

TOOR Hotel serves as a stylish gateway to Toronto with 232 thoughtfully designed guestrooms and suites. Floor-to-ceiling windows showcase breathtaking city and lake views, blending comfort with contemporary style. TOOR Hotel is owned and managed by Manga Hotel Group which is based in Toronto, Ontario, Canada.

Sukhdev Toor, president and CEO of Manga Hotel Group, and the namesake of TOOR Hotel, notes, "As Toronto continues to grow as a global destination, TOOR Hotel offers an elevated yet welcoming experience for guests. From the downtown positioning to our thoughtfully designed spaces and architecture, no detail has been spared. We are thrilled to open our doors and welcome travellers with the warmth of true Canadian hospitality."

A Taste of Paris in Toronto

Savor French-inspired cuisine at Muse Bistro + Bar, a modern European dining experience featuring bistro-style fare, handcrafted cocktails, and an extensive wine list. Guests can enjoy vibrant city views from the dining room; open daily for breakfast and dinner. For those who prefer a cozy night in, room service is offered seven days a week.

Gather and Celebrate

TOOR Hotel offers a variety of stylish event spaces, making it an ideal venue for weddings, corporate meetings, and social gatherings supported by joy-driven service.

• Garden Room: A bright, airy 255-square-foot space overlooking Toronto’s city streets.
• Lake Room: A 277-square-foot boardroom on the mezzanine level of the hotel, conveniently located next to Muse Bistro + Bar, where guests can break out into larger groups.
• 14th-floor Terrace: Offers 2,715-square-feet of event space with stunning views of downtown Toronto.
• Muse on the Mezzanine: Accommodates up to 150 guests, Muse Bistro + Bar is a striking venue featuring floor-to-ceiling windows and French-inspired cuisine.

Fitness With a View

Guests can recharge in the state-of-the-art fitness studio, featuring Peloton bikes, rowers and top-tier equipment. Located on the 14^th floor, the space boasts floor-to-ceiling windows with panoramic city views, along with a terrace for fresh-air workouts or moments of relaxation.

TOOR Hotel is joining the World of Hyatt program and is accepting reservations for stays from April 3, 2025 and beyond. For more information or to book a reservation, please visit www.toorhotel.com or https://www.hyatt.com/en-US/hotel/canada/jdv-toor-hotel/torzt.

For a limited time, visit www.toorhoteltoronto.com to save 20% off your qualifying stay or book for a minimum of 2 nights and receive $100 in food and beverage credit per stay. Terms Apply.

To learn more about the JdV by Hyatt brand, please visit https://www.hyatt.com/brands/jdv-by-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.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of December 31, 2024, the Company's portfolio included more than 1,400 hotels and all-inclusive properties in 79 countries across six continents. The Company's offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Sunscape® Resorts & Spas, and Alua Hotels & Resorts®; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar® DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

About JdV by Hyatt

A community for the spirited, the light-hearted, the young-at-heart, the JdV by Hyatt brand offers a collection of vibrant, independent hotels that are true reflections of the urban neighborhoods we call home. Embracing its namesake (joie de vivre), the JdV by Hyatt brand invites guests and locals alike to connect, live in the moment and celebrate the joy of life. Each hotel provides an experience that is inclusive in spirit and space, inviting all to make each stay yours truly. Follow @JDVHotels on Facebook, Instagram, and X for news and updates. For more information, please visit www.jdvbyhyatt.com.

About Manga Hotel Group

Manga Hotel Group is one of the largest privately held hospitality companies in Canada specializing in the acquisition, development, and management of real estate. The company focuses on high-quality residences, independent hotels and hotels affiliated with brands such as Hilton, Marriott, Hyatt, and InterContinental Hotel Group in Canada and the United States. Currently, Manga Hotel Group owns and operates 33 hotels with over 6,000 rooms and an additional 1,250 rooms in the pipeline. Manga Hotels has been acquiring, developing, investing in, and operating hotels for over 35 years. With expertise in strategic investments and the successful operation of the properties it owns and manages, Manga is a leader in the hospitality industry. It has extensive experience in the construction and development of real estate having built over a dozen properties and having renovated, repositioned, and rebranded numerous others. Visit mangahotels.com for more information.

About TOOR Hotel

TOOR Hotel is an upscale urban hotel that offers a distinctive and inspired experience curated for the modern traveler. Backed by a history of excellence in hotel operations, TOOR Hotel is proudly Canadian and represents the values its citizens are known for globally – hospitality and approachability. Design-forward, comfortable, and memorable, TOOR Hotel features destination dining, valet parking, a 1,500- square-foot fitness center and yoga studio, a 3,000-square-foot southern terrace on the 14th floor, and an additional 1,100-square-feet of meeting and event space. Transforming Toronto’s skyline, this upscale property provides the perfect setting for embracing the vibrant and diverse experiences the city has to offer. Stay with style in the city at TOOR Hotel. Visit toorhotel.com for more information.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. These statements include statements about Hyatt’s involve known and unknown risks that are difficult to predict. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political, including geopolitical conditions and political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as hurricanes, earthquakes, tsunamis, tornadoes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; our ability to successfully achieve specified levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to maintain effective internal control over financial reporting and disclosure controls and procedures; declines in the value of our real estate assets; unforeseen terminations of our management and hotel services agreements or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and manage the Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our franchising business and licensing businesses and our international operations; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

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Media Contact:

Emily Mekstan

Hyatt

Emily.Mekstan@hyatt.com

Source: Hyatt Hotels Corporation