Hyatt is doubling down on its expansion into mid-market hotels, even as the company said Thursday that its fee growth remains primarily a luxury and lifestyle story. One new initiative: backing a roughly $500 million credit facility to help developers get projects financed for its recently debuted Hyatt Studios brand. "We're taking a measured view on the timing of openings later this year," said CEO Mark Hoplamazian. The hotel group trimmed its net rooms growth forecast for the year to "approximately 6%." To boost the speed of growth of its mid-market brands, Hyatt teamed up last month with a lender, Hall Structured Finance, on a dedicated construction loan program for Hyatt Studios newbuilds.