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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.
Its fortune started in the 20th century, particularly through the expansion of the Hyatt Hotels Corporation by Jay Pritzker. Family members still largely own Hyatt and prior to its sale to Berkshire Hathaway, the Marmon Group, a conglomerate of manufacturing and industrial service companies. [1]
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.
Founded in 1987 by Penny Pritzker, the privately held company houses over 4,000 residents and employs 2,700 workers as of May 2016. [1] [2] Vi Senior Living is a distinct business entity from Hyatt and Global Hyatt Corporation.
In 1961, after he graduated from law school, he went to work for the family company, the Marmon Group. [4] His elder brother Jay Pritzker assigned him the task of managing the Hyatt Hotel chain. [4] Donald moved to Atherton, California, and went about developing the chain and soon became Hyatt's president. In 1967, the Pritzkers bought a newly ...
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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.
Thomas Pritzker (born June 6, 1950) is an American billionaire heir and businessman. A member of the Pritzker family, he is the chairman and chief executive officer (CEO) of the Pritzker Organization (TPO), which manages the various Pritzker family business assets.