Hyatt

Hyatt Hotels Corporation
Company typePublic
ISINUS4485791028
IndustryHospitality, travel, tourism
FoundedSeptember 27, 1957; 67 years ago (1957-09-27)
Founders
Headquarters150 North Riverside, ,
U.S.
Number of locations
1,335 hotels; 322,141 rooms (2023)
Area served
Worldwide
Key people
Thomas Pritzker (Chairman)
Mark Hoplamazian (President and CEO)
ProductsHotels and resorts
Services
Revenue Increase US$6.67 billion (2023)
Decrease US$305 million (2023)
Decrease US$220 million (2023)
Total assetsIncrease US$12.8 billion (2023)
Total equityDecrease US$3.56 billion (2023)
Number of employees
c. 206,000 (2023)
SubsidiariesApple Leisure Group
Mr and Mrs Smith
Websitehyatt.com
Footnotes / references
[1]

Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across South America, North America, Europe, Asia, Africa and Australia

The Hyatt Corporation came into being upon purchase of the Hyatt House, at Los Angeles International Airport, on September 27, 1957. In 1969, Hyatt began expanding internationally.

Hyatt has expanded its footprint through a number of acquisitions, including the acquisition of AmeriSuites (later rebranded Hyatt Place) in 2004, Summerfield Suites (later rebranded Hyatt House) in 2005, Two Roads Hospitality in 2018, Apple Leisure Group in 2021, Dream Hotel Group in 2023 and Standard International in 2024.[2][3][4] [5]

  1. ^ "2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 23, 2024. Retrieved February 26, 2024.
  2. ^ "Hyatt History". Hyatt About. Archived from the original on February 15, 2020. Retrieved February 18, 2020.
  3. ^ Cite error: The named reference Hyatt to Buy AmeriSuites Hotel Chain was invoked but never defined (see the help page).
  4. ^ "Hyatt to acquire Two Roads Hospitality". Retrieved October 10, 2018.
  5. ^ "Hyatt to Acquire Standard International and its Iconic Hotel Brands, The Standard and Bunkhouse Hotels, Expanding Its Leading Position in Lifestyle Hospitality".