FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Udell David 2. Date of Event Requiring Statement (Month/Day/Year) 07/01/2014 3. Issuer Name and Ticker or Trading Symbol Hyatt Hotels Corp [H] (Last) (First) (Middle) C/O HYATT HOTELS CORPORATION, 71 SOUTH WACKER DRIVE, 12TH FLOOR 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) See Remarks 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) CHICAGO, IL 60606 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Class A Common Stock 516 D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Rights	  (1)	10/06/2016	Class A Common Stock	34,375	$ 49.9	D	Â
Stock Appreciation Rights	  (2)	07/01/2017	Class A Common Stock	6,500	$ 62.8	D	Â
Stock Appreciation Rights	  (3)	05/02/2018	Class A Common Stock	7,500	$ 58.18	D	Â
Stock Appreciation Rights	  (4)	06/09/2019	Class A Common Stock	10,000	$ 26	D	Â
Stock Appreciation Rights	  (5)	03/02/2020	Class A Common Stock	7,846	$ 33.12	D	Â
Restricted Stock Units	  (6)	03/16/2015	Class A Common Stock	750	$ (7)	D	Â
Restricted Stock Units	  (8)	03/16/2016	Class A Common Stock	1,515	$ (7)	D	Â
Restricted Stock Units	  (9)	03/16/2017	Class A Common Stock	2,158	$ (7)	D	Â
Restricted Stock Units	  (10)	03/16/2018	Class A Common Stock	2,530	$ (7)	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Udell David C/O HYATT HOTELS CORPORATION 71 SOUTH WACKER DRIVE, 12TH FLOOR CHICAGO, IL 60606	Â	Â	  See Remarks	Â

Signatures

/s/ Rena Hozore Reiss, Attorney-in-fact		07/03/2014
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The stock appreciation rights ("SARs") issued pursuant to the Second Amended and Restated Hyatt Hotels Long-Term Incentive Plan (the "LTIP") vested in four equal annual installments beginning on October 6, 2007.
(2)	The SARs issued pursuant to the LTIP vested in four equal annual installments beginning on March 31, 2008.
(3)	The SARs issued pursuant to the LTIP vested in four equal annual installments beginning on April 1, 2009.
(4)	The SARs issued pursuant to the LTIP vested in four equal annual installments beginning on April 1, 2010.
(5)	The SARs issued pursuant to the LTIP vested in four equal annual installments beginning on March 2, 2011.
(6)	The restricted stock units ("RSUs") issued pursuant to the LTIP vest and become payable on March 16, 2015. The RSUs will be settled in shares of Class A Common Stock upon vesting, subject to earlier settlement upon death or disability or a change of control of the Issuer.
(7)	Each RSU represents the contingent right to receive one share of Class A Common Stock.
(8)	The RSUs issued pursuant to the LTIP vest and become payable in two equal annual installments beginning on March 16, 2015. The RSUs will be settled in shares of Class A Common Stock upon vesting, subject to earlier settlement upon death or disability or a change of control of the Issuer.
(9)	The RSUs issued pursuant to the LTIP vest and become payable in three equal annual installments beginning on March 16, 2015. The RSUs will be settled in shares of Class A Common Stock upon vesting, subject to earlier settlement upon death or disability or a change of control of the Issuer.
(10)	The RSUs issued pursuant to the LTIP vest and become payable in four equal annual installments beginning on March 16, 2015. The RSUs will be settled in shares of Class A Common Stock upon vesting, subject to earlier settlement upon death or disability or a change of control of the Issuer.
  Remarks: Executive Vice President, Group President  ASPAC

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