CAPTION BY HYATT DOWNTOWN NASHVILLE DEBUTS IN THE GULCH

NASHVILLE, TN. – [December 18, 2024]- Caption by Hyatt Downtown
Nashville – The Gulch [7] is now open in the bustling Gulch neighborhood
of downtown Nashville, nestled between downtown Nashville and the West
End and steps from famed Broadway Street, offering easy access to the
city’s best retail shops, restaurants, bars, and live entertainment.
Developed through a partnership between New Orleans-based real estate
firm HRI Hospitality and Nashville-based C. B. Ragland Company, the
hotel features 210 rooms with 2,200 square feet of indoor and outdoor
meeting space, a spacious fitness center and flexible common spaces for
working, socializing, and hosting small events. It also boasts Café
Between, an all-day coffee and cocktail lounge welcoming guests and
locals. HRI Lodging, LLC will manage the hotel.

 Caption by Hyatt Downtown Nashville – The Gulch offers guests an
immersive experience of the city’s lively culture and music and is a
gravity point for exploring Nashville. Steeped in a rich history that
flows through its industrial-inspired design, cuisine, and close-knit
community, the property radiates a warm and welcoming atmosphere,
offering visitors an authentic connection. Beyond Nashville, the Caption by
Hyatt brand has grown this year with two openings across the globe in
Osaka, Japan, and Shanghai, China, plus the brand broke ground in
Chattanooga, Tennessee. Hyatt is continuing to expand the brand across
the globe with anticipated openings in Sydney, Australia and Tokyo,
Japan.

 “We’re thrilled to open the doors of Caption by Hyatt Downtown
Nashville and invite guests, Nashville residents, and World of Hyatt
members to experience this vibrant property” said Brian Kent, general
manager, Caption by Hyatt Downtown Nashville – The Gulch. “Whether
you’re here for business or leisure, this one-of-a-kind hotel captures
the essence of Music City, providing guests with unforgettable
experiences rooted in local culture.”

 Michael Coolidge, Chief Investment and Development Officer of HRI
Hospitality shares, “HRI is thrilled to open the second Caption by
Hyatt Hotel in the U.S. plays a pivotal role in the growth of this
select-service upscale brand. The Caption by Hyatt brand brings a fresh
design perspective and unique food and beverage offerings to the heart
of Nashville’s Gulch district. We look forward to collaborating with
Hyatt to continue growing this exciting brand together.”

 Guestrooms & Amenities
 Near many of the city’s local landmarks, Caption by Hyatt Downtown
Nashville -The Gulch caters to a variety of travelers, from individuals
and families to locals and meeting groups, design enthusiasts, and
everything in between.

 The property’s 210 stylish guestrooms are accented with bold pops of
color and Nashville-inspired décor, thoughtfully paying homage to the
rich history of the Gulch neighborhood, a former industrial and railroad
hub has now transformed into a modern destination with the city’s top
restaurants and shopping. The design celebrates this heritage with
numerous railroad-inspired elements throughout the property, referencing
the active train yard behind the hotel.

 In the guestrooms, headboard murals are inspired by train yards, while
the corridor walls feature large sketch-style drawings of trains. Even
the stenciled room numbers are a nod to boxcar numbering. Meeting rooms
are named after rail industry terms, and several curated art pieces
throughout the property incorporate railway motifs. On the first floor,
the entry art installation weaves train imagery and lyrics from
iconic train songs, offering guests a warm and culturally rich welcome.

 The hotel’s furniture offers comfortable and flexible accommodations
with warm, vintage-inspired leather sofas, modern hardwood floors, dark
wood worktables, vibrant pillows and accent chairs, and decorative
murals throughout. Guest bathrooms feature front-lit mirrors, upgraded
vanities and step-in showers, enhanced with sleek glass doors. Aligned
to offer more sustainable options, Caption by Hyatt
bathrooms feature large format products from Apotheke, a plant-based
amenity program. Managing single-use packaging and plastic products is
an essential part of the hotel’s waste reduction strategy. The
thoughtfully designed guestrooms’ distinctive charm is elevated by
practical amenities such as flat-screen TVs, plush linens, blackout
curtains, coffee makers, a mini fridge and more, all completed by
stunning city views. As a Caption by Hyatt property, guests will
interact with a variety of technological enhancements throughout their
stay including a seamless self-service check-in experience at kiosks in
the lobby, digital keys, and TV streaming within guestrooms.

 Social Space and Dining
 Café Between is the hotel’s all-day café and cocktail lounge. The
café space celebrates this legacy while embracing a vision of modern
connectivity, fostering meaningful connections between hotel guests and
locals alike. The Nashville community is invited to enjoy the space and
make it their own, embracing the programming, music, and events in the
space. With cozy lounge sofas, stylish bar seating, and versatile dining
seating, the café offers a variety of arrangements to suit any
occasion, whether meeting friends or enjoying a quiet moment alone.
Connections are forged, and experiences are shared as the vibrant energy
of conversations flows seamlessly across meals, coffee, and cocktails.
Café Between serves as a dynamic meeting point where work transitions
into relaxation, a night out leads back home, or the morning coffee
ritual begins. Throughout the day, the space adapts to the rhythm of its
guests, offering everything from a hot cup of joe at 8 AM and a refreshing
matcha latte at 3 PM to a classic Negroni at 5:30 PM.

 Creative Meetings and Events
 Caption by Hyatt Downtown Nashville – The Gulch offers 2,200 square
feet of indoor and outdoor flexible meeting and event space. Featuring a
warm and inviting color palette, meeting groups enjoy a lively space
with an industrial, playful interior inspired by the spirit of the
neighborhood’s railroad history – rugged and practical yet innovative.
The contrast of natural wood and copper finishes with playful colors and
bold patterns bridge the past and present, sparking a sense of
curiosity in every guest.

 Offering four distinct and adaptable spaces, groups can select from an
elevated boardroom, two spacious and customizable meeting rooms with
large windows and a photo-worthy outdoor terrace that provides views of
the neighborhood, ideal for receptions and cocktail events. Catering
experts are available for all events to help keep guests engaged and
satisfied.

 Sustainability Efforts
 Caption by Hyatt Downtown Nashville – The Gulch is committed to
integrating sustainability-focused practices into its operations,
exemplified by its state-of-the-art rainwater harvesting system. This
innovative system captures filters, disinfects, and distributes
rainwater collected from the hotel’s rooftop, significantly reducing
water waste. Designed with advanced features such as a multi-stage
filtration system, UV disinfection, and tank level monitoring, it is
designed to ensure efficient water usage. By implementing this
cutting-edge technology, the hotel enhances its role as a responsible
community member in Nashville.

 World of Hyatt Members Save More
 To celebrate the Grand Opening of Caption by Hyatt Downtown Nashville –
The Gulch, World of Hyatt members can save up to 25%, while non-members
enjoy 20% savings until March 10, 2025, for stays now through May 31,
2025. Book now for a limited time to take advantage of this offer. Visit
the hotel’s website at www.captionbyhyattdowntownnashvillethegulch.com
[7]

 Caption by Hyatt Nashville is co-owned by HRI Hospitality [8], C.B.
Ragland [9], and Peachtree Group [10], and operated by HRI Lodging [8].
Hastings Architecture, LLC served as the architectural design firm, with
interior design led by Studio 11 [11] out of Dallas. JE Dunn served as
the project’s general contractor.

 _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 September 30, 2024, the Company’s portfolio
included more than 1,350 hotels and all-inclusive properties in 79
countries across six continents. The Company’s offering includes brands
in the _Timeless Collection_, including _Park Hyatt®_, _Grand Hyatt®_,
_Hyatt Regency®_, _Hyatt®_, _Hyatt Vacation Club®_, _Hyatt Place®_,
_Hyatt House®_, _Hyatt Studios_, and _UrCove_; the_ Boundless
Collection_, including _Miraval®_, _Alila®_, _Andaz®_, _Thompson
Hotels®_, _Dream® Hotels_,_ Hyatt Centric®_, and _Caption by
Hyatt®_; the_ Independent Collection_, including _The Unbound
Collection by Hyatt®_, _Destination by Hyatt®_, and _JdV by Hyatt®_;
and the _Inclusive Collection_, including _Impression by Secrets_,
_Hyatt Ziva®_, _Hyatt Zilara®_, _Zoëtry® Wellness & Spa Resorts_,
_Secrets® Resorts & Spas_, _Breathless Resorts & Spas®_, _Dreams®
Resorts & Spas_, _Hyatt Vivid Hotels & Resorts_, _Alua Hotels &
Resorts®_, and _Sunscape® Resorts & Spas_. Subsidiaries of the Company
operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs
Smith(TM), Unlimited Vacation Club®, Amstar DMC destination management
services, and Trisept Solutions® technology services. For more
information, please visit _www.hyatt.com_ [12].  

 About Caption by Hyatt  
 The Caption by Hyatt brand redefines what hospitality looks like in the
modern world. Designed to be true of the community–not just in it–the
people make the place throughout each Caption by Hyatt Hotel. Caption by
Hyatt hotels hire local, buy local, and vibe local. Be it an open-mic
night or a pop-up art installation, each space within Caption by Hyatt
Hotels is programmed to reflect each destination and its community. At
the heart of each Caption by Hyatt Hotel is Talk Shop: an all-day spot
where guests can eat, drink, get work done, hang with friends, or
chill. Caption by Hyatt Hotels offers guests a place where “you can
do you and be you,” with a tech-forward mindset offering digital
check-in, digital keys, mobile-order food service, Staycast streaming
technology, and more.  

 About HRI Hospitality
 With a 40-year legacy, HRI Hospitality (“HRIH”) has meticulously
constructed a robust lodging and mixed-use platform under the seasoned
leadership team’s guidance. The company owns and manages a
diverse portfolio in the nation’s premier lodging markets, actively
engaging in development, acquisitions, and third-party management to
enhance its offerings. While maintaining an active development
pipeline, HRI Hospitality is committed to “Elevating the Urban
Experience” for guests. Managing a portfolio of branded and independent
institutional quality hotels in key U.S. markets, the company is an
approved operator for all significant full- and focused-service brands.
Leveraging deep sector expertise and a vast industry network, HRIH’s
hotel management platform, HRI Lodging, emphasizes a balanced approach,
incorporating People, Profit, and Revenues. With extensive third-party
management expertise and an owner’s perspective, HRI is adept at
operating properties effectively, solidifying its position as an
innovative leader in the hospitality industry. For more information,
please visit http://hrihospitality.com/ [13].  

 About HRI Lodging
 HRI Lodging, LLC (HRIL), a wholly owned subsidiary of HRI Hospitality,
LLC provides hotel management services for both HRI Hospitality-owned
and third-party property owners. HRI Lodging operates 29 hotels and is
an approved operator for premium branded and independent hotels. HRIL
employs strong revenue management strategies and optimizes efficiencies
to generate significant value across its managed portfolio. For more
information, visit www.hrilodging.com [14].