On June 30, 2009, Global Hyatt Corporation changed its name to Hyatt Hotels Corporation. However, Hyatt and Hyatt International remained two separate companies until June 2004, when substantially all of the hospitality assets owned by the Pritzker family business interests, including Hyatt Corporation and Hyatt International Corporation, were consolidated under a single entity called Global Hyatt Corp. The Pritzkers took Hyatt International private as well, in 1982. That same year, the boutique Park Hyatt brand was also introduced. Īlongside the Hyatt Regency brand, the company introduced the Grand Hyatt brand in 1980, with the opening of the Grand Hyatt New York. The company opened the Playboy Hotel and Casino as a joint venture with Playboy Enterprises. Elsinore was spun off as a public company. Hyatt became a private company in 1979, when the Pritzkers bought the outstanding shares. Donald Pritzker died in 1972 and Jay Pritzker continued to run the company. In 1972, Hyatt formed Elsinore Corporation, a subsidiary to operate the Four Queens Hotel and Casino and the Hyatt Regency Lake Tahoe Resort, Spa & Casino. In 1969, Hyatt opened its first international hotel, when it was awarded the management contract for the President Hotel in Hong Kong, which was renamed the Hong Kong Hyatt Hotel (later known as the Hyatt Regency Hong Kong). In 1968, Hyatt International was formed, to operate hotels outside the United States. It featured a massive indoor atrium, which soon became a distinctive feature of many Hyatt properties. The futuristic hotel was designed by Atlanta architect John Portman, who would go on to design many other hotels for the chain. In 1967, the company opened the Regency Hyatt House in Atlanta, Georgia (today named the Hyatt Regency Atlanta). It had two divisions - Hyatt House Hotels and Hyatt Chalet Motels (renamed Hyatt Lodges in 1966). The company went public in 1962 as Hyatt Corporation. Within two years, they opened Hyatt House Hotels near San Francisco International Airport and Seattle–Tacoma International Airport. Considering the growing use of air travel for business, the Pritzker brothers realized that locating a high quality hotel near a major airport was a valuable business strategy. His younger brother, Donald Pritzker, also took on an important role in the company. In 1957, the hotel was purchased by entrepreneur Jay Pritzker for US$2.2 million. The first Hyatt House was opened in 1954 by entrepreneurs Hyatt Robert von Dehn (1904–1973) and Jack Dyer Crouch (1915–1990) as a motel near Los Angeles International Airport. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries across six continents. 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. In 1969, Hyatt began expanding internationally. The Hyatt Corporation came into being upon purchase of the Hyatt House, at Los Angeles International Airport, on September 27, 1957. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Working with a client in the creative process – the give & take, the vision, the mood… all lead to a unique feeling that I have never found in any other line of work.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. "Always having been a creative type, I love bringing together a concept that makes a client feel special – something that inspires them when they walk into their home. Have fun while seeing our client's vision come to life.Ībout Christina Couvillion | Design Visionary & CEO
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