Hyatt Hotels introduces new concept

• Hyatt Hotels (NYSE:H) introduces a new lifestyle brand called Hyatt Centric.
• The company says the new hotel concept is aimed at both business and leisure travelers seeking the "cosmopolitan vibe" in the center of the action.
• 15 Hyatt Centric hotels are expected to debut this summer.
• Hyatt Centric is the 6th new brand introduced by the hotel operator since 2006.