Andaz Macau will become the first Andaz hotel joining an award-winning integrated resort

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MACAU, CHINA -�Media OutReach�-�5 November 2019 -�Andaz Macau, a vibrant luxury lifestyle hotel
rooted in local art and culture, will be joining Galaxy Entertainment Group
(GEG)'s ever-expanding Galaxy Integrated Resorts precinct in Macau.

Andaz Macau is scheduled to open in first half of
2021 alongside Asia's Most Iconic & Advanced MICE Destination Galaxy
International Convention Center (GICC) and spectacular events venue Galaxy
Arena.

�(Back row,
left to right) Mr. Andreas Stalder, Senior Vice President, Food & Beverage
Operations and Product Development, Asia Pacific of Hyatt Hotels & Resorts;
Mr. Scott Kreeger, Director, Operations Development, New Resort of Galaxy
Entertainment Group; Mr. Mark S. Hoplamazian, President and Chief Executive
Officer of Hyatt Hotels Corporation; Mr. Francis Lui, Vice Chairman of Galaxy
Entertainment Group; Mr. David Udell, Group President, Asia Pacific of Hyatt
Hotels Corporation; Mr. Brian Lum, Vice President, Design Services, Asia
Pacific of Hyatt Hotels & Resorts; and Mr. Raymond Kwok, Senior Director,
Legal of Galaxy Entertainment Group witnessed the signing of the contract by
(front row, left to right) Mr. Stephen Ho, President, Greater China, Global
Operations of Hyatt Hotels & Resorts and Mr. Troy Hickox, Head of Hotels
& Lifestyle Development of Galaxy Entertainment Group.

Andaz Macau is scheduled to open in the first half
of 2021 alongside what is set to be Asia's most iconic and advanced MICE destination,
Galaxy International Convention Center (GICC) and a spectacular
events venue, 16,000-seat Galaxy Arena. Andaz Macau will feature a
dedicated check-in lounge catering to large MICE group, over 700 rooms and
suites, an Andaz lounge, a bar and restaurant, state-of-the-art fitness center
and an indoor pool.

Andaz Macau will be
connected to the multiple award-winning integrated resort Galaxy Macau�,
offering 1.1 million m² of unique entertainment, shopping with over 200
world renowned luxury brands and leisure attractions. The hotel will also
provide guests with easy access to discover and embrace the integrated resort's
120 dining options, some of which have garnered prestigious accolades such as
Michelin Stars, and Broadway Food Street at Broadway Macau^TM which
is just a link bridge away from Galaxy Macau.

The addition of the
Andaz brand will solidify Galaxy Integrated Resorts precinct's
position as Macau's leading integrated resorts offering the largest collection
of luxury hotels -- including The Ritz-Carlton Macau, Banyan Tree Macau, JW
Marriott Hotel Macau, Hotel Okura Macau, Galaxy Hotel� and Broadway Hotel.

"Today's luxury traveler is increasingly seeking out unique experiences
and the opportunity to become truly immersed in a destination's culture. We are
delighted to meet this need with the addition of Andaz Macau to our Galaxy Integrated
Resorts precinct," said Mr. Francis Lui, Vice-Chairman of GEG. "Macau has many
stories to tell and is rich in history and culture. With Andaz Macau, we will
work closely with Hyatt to create experiences that truly showcase what is
special about this destination, while further contributing to the strength of
Macau's tourism and MICE industries."

"We are honored to launch the Andaz brand in
Macau in our first collaboration with GEG as part of the group's ever-expanding
integrated resorts precinct in the city," said Mr. David Udell, Group President,
Asia-Pacific, Hyatt Hotels Corporation. "Global in scale while local in
perspective, the Andaz brand is on track to double its footprint in Asia
Pacific by end of 2020 with a strong pipeline across Greater China in
destinations such as Macau and Taipei, as well as Sanya, Shenzhen and Xiamen."

Andaz,
meaning 'personal style' in Hindi, encapsulates the brand's passion to connect
with its guests and to experience the world through their eyes, and also speaks
to the uniqueness of the brand's properties.�
From New York, London to Shanghai, and most recently to Seoul, Andaz
hotels and resorts stimulate the senses through distinctively local
experiences, and by allowing guests to truly engage with a destination and
experience it authentically, rather than merely visit.

Andaz Macau will bring
the distinctive Andaz style to Macau, immersing business and leisure guests in
a stimulating environment inspired by the city's colorful heritage that is a
blend of Chinese and Portuguese cultures. This will include the vibrant
interior design, local tastes and aromas with a twist and experiences that will
satiate the curiosity of inquisitive guests.

About Galaxy Entertainment Group (HKEx stock code: 27)

Galaxy Entertainment Group ("GEG" or the "Group")
is one of the world's leading resorts, hospitality and gaming companies. It
primarily develops and operates a large portfolio of integrated resort, retail,
dining, hotel and gaming facilities in Macau. The Group is listed on the Hong
Kong Stock Exchange and is a constituent stock of the Hang Seng Index.

GEG is one of the three original concessionaires in
Macau with a successful track record of delivering innovative, spectacular and
award-winning properties, products and services, underpinned by a "World Class,
Asian Heart" service philosophy, that has enabled it to consistently outperform
the market in Macau.

GEG operates three flagship destinations in Macau:
on Cotai, Galaxy Macau�, one of the world's largest integrated destination
resorts, and the adjoining Broadway Macau�, a unique landmark entertainment and
food street destination; and on the Peninsula, StarWorld Macau, an award
winning premium property.

The Group has the largest undeveloped landbank of
any concessionaire in Macau. When The Next Chapter of its Cotai development is
completed, GEG's resorts footprint on Cotai will double to more than 2 million
square meters, making the resorts, entertainment and MICE precinct one of the
largest and most diverse integrated destinations in the world. GEG is also
planning to develop a world class, lifestyle leisure resort on a 2.7 square
kilometer land parcel on Hengqin adjacent to Macau. This resort will complement
GEG's offerings in Macau, and at the same time differentiate it from its peers
while supporting Macau in its vision of becoming a World Centre of Tourism and
Leisure.

In July 2015, GEG made a strategic investment in
Soci�t� Anonyme des Bains de Mer et du Cercle des Etrangers � Monaco
("Monte-Carlo SBM"), a world renowned owner and operator of iconic luxury
hotels and resorts in the Principality of Monaco. GEG continues to explore a
range of international development opportunities with Monte-Carlo SBM including
Japan.�� GEG is committed to delivering
world class unique experiences to its guests and building a sustainable future
for the communities in which it operates.

For
more information about the Group, please visit www.galaxyentertainment.com

About Galaxy International Convention Center (GICC) and Galaxy Arena

Opening in the first half of 2021 in Macau, Galaxy
International Convention Center (GICC) is a new world class event facility
developed by Galaxy Entertainment Group. GICC extends the group's
ever-expanding integrated resorts precinct Galaxy Integrated Resorts, creating
Asia's ultimate integrated Resort & MICE destination -- and supporting
Macau's vision of becoming a 'World Center of Tourism and Leisure'.

As Asia's most iconic and advanced MICE
destination, Galaxy International Convention Center (GICC) is a world class
event venue with a total MICE space of 40,000m² for meetings,
incentives, conferences and exhibitions. Additionally, the 16,000-seat Galaxy
Arena is set to become Macau's ultimate integrated entertainment venue for world-tour
concerts and spectacular large-scale sporting events.

For more information, please visit: www.galaxyicc.com

About Andaz

Global in scale while local in
perspective, the Andaz brand of luxury hotels weaves the sights, sounds, and
tastes of each property's surroundings for a distinctively local experience.
Through thoughtful, unscripted service tailored for travelers, Andaz hotels
enable guests to go beyond the familiar and satiate their curiosity while
immersing them in the spirit of
the eclectic culture around them. Twenty-one Andaz hotels are currently
open: Andaz 5^th Avenue and Andaz Wall Street in New York, Andaz San
Diego, Andaz West Hollywood, Andaz Napa, Andaz Scottsdale Resort &
Bungalows, Andaz Savannah, Andaz Maui at Wailea Resort, Andaz Ottawa ByWard
Market, Andaz Mayakoba Resort Riviera Maya, Andaz Costa Rica Resort at
Peninsula Papagayo, Andaz London Liverpool Street, Andaz Amsterdam
Prinsengracht, Andaz Munich Schwabinger Tor, Andaz Vienna Am Belvedere, Andaz
Singapore, Andaz Delhi, Andaz Xintiandi in Shanghai, Andaz Tokyo Toranomon
Hills, Andaz Seoul Gangnam, and Andaz Capital Gate Abu Dhabi. For more information, please visit andaz.com. Follow @Andaz on Facebook, Twitter and Instagram, and tag photos with #WhenInAndaz.

About Hyatt Hotels Corporation

Hyatt
Hotels Corporation, headquartered in Chicago, is a leading global hospitality
company with a portfolio of 20 premier brands. As of June 30, 2019, the Company's
portfolio included more than 875 properties in over 60 countries across six continents.
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 attract and retain
top colleagues, build relationships with guests and create value for
shareholders. The Company's subsidiaries develop, own, operate, manage,
franchise, license or provide services to hotels, resorts, branded residences,
vacation ownership properties, and fitness and spa locations, including under
the Park Hyatt^�, Miraval^�, Grand
Hyatt^�, Alila^�, Andaz^�,
The Unbound Collection by Hyatt^�, Destination^�,
Hyatt Regency^�, Hyatt^�, Hyatt
Ziva�, Hyatt Zilara�, Thompson Hotels^�,
Hyatt Centric^�, Caption by Hyatt, Joie de Vivre^�,
Hyatt House^�, Hyatt Place^�, tommie�, Hyatt Residence Club�
and
Exhale� brand names, and operates the World of Hyatt� loyalty
program that provides distinct benefits and exclusive experiences to its valued
members. For more information, please visit�www.hyatt.com.