Hyatt
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.
150 North Riverside in Chicago, Illinois, the headquarters of Hyatt. | |
| Company type | Public |
|---|---|
| ISIN | US4485791028 |
| Industry | Hospitality, travel, tourism |
| Founded | September 27, 1957 |
| Founders |
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| Headquarters | 150 North Riverside, , U.S. |
Number of locations | 1,350 hotels (350,200 rooms) (2023) |
Area served | Worldwide |
Key people | Thomas Pritzker (Chairman) Mark Hoplamazian (President and CEO) |
| Products | Hotels and resorts |
| Services | |
| Revenue | US$5.89 billion (2022) |
| US$939 million (2022) | |
| US$455 million (2022) | |
| Total assets | US$12.60 billion (2022) |
| Total equity | US$3.56 billion (2022) |
Number of employees | 189,000 (2023) |
| Subsidiaries | Apple Leisure Group |
| Website | www |
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 grown by developing new properties and through acquisitions, with the biggest growth coming from the acquisition of AmeriSuites (later rebranded Hyatt Place) in 2004, Summerfield Suites (later rebranded Hyatt House) in 2005, and Two Roads Hospitality in 2018.
Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries across six continents.