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The hotels operated as Hyatt Summerfield Suites until 2012, when the chain was folded into Hyatt House, a then new division of Hyatt incorporating these hotels, as well as the former Sierra Hotels, which had also been bought by Hyatt. The Hyatt House name was a nod to the original name of the entire chain in the 1960s and 1970s, when it was ...
Blackstone had inherited Summerfield Suites from its purchase of Wyndham International. In January 2012, Hyatt Summerfield Suites were rebranded as Hyatt House in 2012 to compete in the "upscale extended stay market" against Residence Inn, Homewood Suites, and Staybridge Suites. [16] Hyatt launched its first lifestyle brand, Andaz, in April ...
Jack Peter DeBoer (January 15, 1931 – March 12, 2021) was an American entrepreneur, hotel innovator, builder, and businessman.He was a founder of five national brands of extended-stay hotels (apartment hotels): Residence Inn, Summerfield Suites, Candlewood Suites, Value Place, and WaterWalk hotels and apartments.
The Candlewood Suites chain was started in 1995 by Jack Deboer, founder of the Residence Inn and co-founder of the Summerfield Suites chain. The first hotel was built on North Webb Road in Wichita, Kansas, United States, and opened in 1996. From 1995 to 2003, Candlewood Hotel Company franchised and managed hotels throughout the US.
In 2010, a majority stake of Joie de Vivre was purchased by Geolo Capital, the private equity firm founded by Hyatt Hotels heir John Pritzker.A $150 million fund to acquire additional hotels was established as part of the deal, with plans to acquire $300 million to $500 million in hotels over a three-to-five-year period. [3]
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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