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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 .
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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.
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.
In 1995, Jay Pritzker, the co-founder of Hyatt, [clarification needed] stepped down and Thomas Pritzker took control of The Pritzker Organization. [4] When Jay died in 1999, the family split the business into 11 pieces worth $1.4 billion each [4] (choosing to settle a lawsuit from two family members, who apparently received $500 million each in 2005).
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.
In 1988, he left Hyatt to pursue his own business ventures, [6] including Ticketmaster. [7] In 1996, he formed Mandara Spa , [ 8 ] a chain of 72 resort spas. In 2000, 40% of the company was sold to Shiseido Co. [ 9 ] In 2001, the remaining 60% was sold to Steiner Leisure Limited , a Nasdaq (STNR) listed company.
In November 2000 Hawthorn Suites' parent company, US Franchise Systems, was purchased by business interests of the Pritzker family. On July 21, 2008, Wyndham Hotels and Resorts purchased US Franchise Systems, Inc., owner of the Microtel Inns and Hawthorn Suites brands for $150 million. US Franchise Systems had previously sold the America's Best ...