Ownership Submission
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
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  NICHOLS JOHN D
2. Date of Event Requiring Statement (Month/Day/Year)
11/04/2009
3. Issuer Name and Ticker or Trading Symbol
Hyatt Hotels Corp [H]
(Last)
(First)
(Middle)
C/O HYATT HOTELS CORPORATION, 71 S. WACKER DRIVE, 12TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
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 1,176
I
See footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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
Restricted Stock Units 03/31/2012(2) 03/31/2012(2) Class A Common Stock 2,268 $ (5) D  
Restricted Stock Units 03/31/2013(3) 03/31/2013(3) Class A Common Stock 4,807 $ (5) D  
Restricted Stock Units 03/31/2014(4) 03/31/2014(4) Class A Common Stock 3,221 $ (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
NICHOLS JOHN D
C/O HYATT HOTELS CORPORATION
71 S. WACKER DRIVE, 12TH FLOOR
CHICAGO, IL 60606
  X      

Signatures

/s/ Harmit J. Singh, Attorney-in-fact 11/04/2009
**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) Represents shares of Class A Common Stock held of record by the Nichols Family Limited Partnership. The Reporting Person has shared voting and investment power with respect to shares of Class A Common Stock held by the Nichols Family Limited Partnership. The Reporting Person disclaims beneficial ownership of in the shares of Class A Common Stock held by the Nichols Family Limited Partnership, except to the extent of his proportionate pecuniary interest in such shares, if any.
(2) The restricted stock units issued under the Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan (the LTIP), pursuant to the Hyatt Hotels Corporation Non-Employee Director Compensation Program (the Compensation Program) and the Global Hyatt Corporation Deferred Compensation Plan for Directors (the Deferred Compensation Plan), are fully vested. The restricted stock will be settled in Class A Common Stock or, at the election of the administrator of the LTIP, cash on March 31, 2012.
(3) The restricted stock units issued under the LTIP, pursuant to the Compensation Program and the Deferred Compensation Plan, are fully vested. The restricted stock will be settled in Class A Common Stock or, at the election of the administrator of the LTIP, cash on March 31, 2013.
(4) The restricted stock units issued under the LTIP, pursuant to the Compensation Program and the Deferred Compensation Plan, are fully vested. The restricted stock will be settled in Class A Common Stock or, at the election of the administrator of the LTIP, cash on March 31, 2014.
(5) Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock.
 
Remarks:
Exhibit List:
Exhibit 24 - Power of Attorney

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.