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In 1998, AmeriSuites was sold to The Blackstone Group, who operated AmeriSuites under its Prime Hospitality division. [4] In 2005 Blackstone Real Estate Partners sold AmeriSuites to Hyatt . Between 2006 and 2009, Hyatt phased out the AmeriSuites brand and converted the properties into the then-new Hyatt Place brand.
In June 2005, the Blackstone Group acquired Wyndham International for $3.2 billion. Summerfield Suites, Wyndham's extended-stay offering, was included in the deal. On December 1, 2005, Global Hyatt confirmed that it had entered into a definitive agreement to acquire the 21-hotel Summerfield Suites brand from Blackstone for an undisclosed price.
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.
Wingate by Wyndham is a part of Wyndham Hotels & Resorts, formerly part of Cendant. In late 2007, Wingate Inn officially changed its name to Wingate by Wyndham. As of December 31, 2023, it had 205 properties with 18,652 rooms. [1] It competes with chains like Hilton Garden Inn, Courtyard by Marriott, and Hyatt Place. [citation needed]
Hyatt Regency is a brand of hotels under the Hyatt banner. The brand contains 211 locations in 189 cities over 40 countries, [ 1 ] [ 2 ] and is one of the company's 14 hotel brands overall. [ 2 ] It tends to cater to business travelers.
Jay Pritzker Pavilion, Chicago, Illinois, USA. Jay Arthur Pritzker (August 26, 1922 – January 23, 1999) was an American businessman and member of the Pritzker family.He was a founder of the Hyatt Corporation, having purchased the first Hyatt Hotel in 1957, and was responsible for the corporation's evolution into a multinational hospitality conglomerate.
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Mark Samuel Hoplamazian [1] (born November 27, 1963) is an Armenian American businessman, who has been the president and CEO of Hyatt Hotels Corporation since December 2006. [2] Through marriage he is a member of the Kohler family .