History of Hyatt in Timeline

Hyatt Hotels Corporation is a multinational hospitality company headquartered in Chicago, managing and franchising luxury hotels, resorts, and vacation properties. As one of the businesses managed by the Pritzker family, Hyatt boasts a global presence with over 1350 hotels and all-inclusive properties located in 69 countries across South America, North America, Europe, Asia, Africa and Australia.

1954: Opening of the First Hyatt House

In 1954, business partners Hyatt Robert von Dehn and Jack Dyer Crouch opened the first Hyatt House as a motel near Los Angeles International Airport.

September 27, 1957: Purchase of the Hyatt House

On September 27, 1957, the Hyatt Corporation was established with the purchase of the Hyatt House, a motel located at Los Angeles International Airport.

1957: Purchase of Hyatt House by Jay Pritzker

In 1957, entrepreneur Jay Pritzker purchased the Hyatt House hotel for US$2.2 million, marking the beginning of the Hyatt Corporation.

1962: Hyatt Corporation Goes Public

In 1962, the company went public as Hyatt Corporation, with two divisions: Hyatt House Hotels and Hyatt Chalet Motels.

1966: Hyatt Chalet Motels Renamed

In 1966, Hyatt Chalet Motels were renamed Hyatt Lodges, a change within the Hyatt Corporation's structure.

1967: Opening of Regency Hyatt House in Atlanta

In 1967, the company opened the Regency Hyatt House in Atlanta, Georgia, now known as the Hyatt Regency Atlanta, featuring a distinctive indoor atrium design.

1968: Formation of Hyatt International

In 1968, Hyatt International was formed to operate hotels outside the United States, eventually becoming a separate company.

1969: Opening of First International Hotel

In 1969, Hyatt opened its first international hotel by managing the President Hotel in Hong Kong, which was renamed the Hong Kong Hyatt Hotel.

1969: International Expansion

In 1969, Hyatt started expanding internationally, marking a significant step in its growth beyond the United States.

1972: Formation of Elsinore Corporation

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.

1979: Hyatt Becomes a Private Company

In 1979, Hyatt became a private company when the Pritzkers bought the outstanding shares, and Elsinore was spun off as a public company.

1980: Introduction of Grand Hyatt and Park Hyatt Brands

In 1980, Hyatt introduced the Grand Hyatt brand with the opening of the Grand Hyatt New York, and also introduced the boutique Park Hyatt brand.

1982: Hyatt International Taken Private

In 1982, the Pritzkers also took Hyatt International private, maintaining it as a separate entity from Hyatt Corporation.

June 2004: Consolidation into Global Hyatt Corp

In June 2004, substantially all hospitality assets owned by the Pritzker family, including Hyatt Corporation and Hyatt International Corporation, were consolidated under Global Hyatt Corp.

December 2004: Acquisition of AmeriSuites

In December 2004, Hyatt Hotels Corporation acquired AmeriSuites from affiliates of the Blackstone Group and rebranded it as Hyatt Place.

2004: Acquisition of AmeriSuites

In 2004, Hyatt acquired AmeriSuites, which was later rebranded as Hyatt Place, expanding its portfolio of hotel offerings.

December 2005: Acquisition of Summerfield Suites

In December 2005, Hyatt acquired Summerfield Suites from the Blackstone Group.

2005: Acquisition of Summerfield Suites

In 2005, Hyatt acquired Summerfield Suites, which was later rebranded as Hyatt House, further expanding its hotel brands.

April 2007: Launch of Andaz Brand

In April 2007, Hyatt launched its first lifestyle brand, Andaz, positioned as a luxury brand with the first hotel being a rebrand of the Great Eastern Hotel in London.

June 30, 2009: Global Hyatt Corporation Renamed

On June 30, 2009, Global Hyatt Corporation changed its name to Hyatt Hotels Corporation.

August 2009: Plans for Initial Share Sale

In August 2009, Hyatt Hotels Corporation filed plans to raise up to $1.15 billion in an initial share sale, leading to its public offering.

September 1, 2011: Acquisition of Hotel Sierra

On September 1, 2011, Hyatt acquired Hotel Sierra, which had 18 properties in 10 states.

January 2012: Summerfield Suites Rebranded as Hyatt House

In January 2012, Hyatt Summerfield Suites were rebranded as Hyatt House to compete in the "upscale extended stay market".

January 2012: Rebranding of Hotel Sierra Properties

In January 2012, several Hotel Sierra properties, along with Hyatt Summerfield Suites hotels, were rebranded as Hyatt House.

November 2013: Introduction of All-Inclusive Resort Brands

In November 2013, Hyatt introduced their first all-inclusive resort brands, Hyatt Ziva and Hyatt Zilara, with resorts opening in Cancun, Puerto Vallarta, Los Cabos and Rose Hall, Montego Bay, Jamaica.

2013: Partnership with MGM Resorts International

In 2013, Hyatt partnered with MGM Resorts International, bringing 12 MGM properties in Las Vegas to Hyatt booking channels and collaborating on loyalty programs.

October 28, 2015: Advanced Talks to Acquire Starwood Hotels

On October 28, 2015, Hyatt announced advanced talks to acquire Starwood Hotels in a cash and stock transaction, which ultimately was not completed.

March 1, 2017: Launch of World of Hyatt Loyalty Program

On March 1, 2017, Hyatt launched the World of Hyatt loyalty program, replacing the previous Gold Passport program.

2018: Acquisition of Two Roads Hospitality

In 2018, Hyatt acquired Two Roads Hospitality, incorporating brands such as Joie de Vivre, Destination, Alila, and Thompson hotels into its portfolio.

2018: Partnership with Small Luxury Hotels of the World

In 2018, Hyatt partnered with Small Luxury Hotels of the World, allowing World of Hyatt members to earn and redeem points at participating SLH properties.

2019: Fortune Ranking

In 2019, Fortune magazine ranked Hyatt #32 on its list of "America's Best Companies to Work For".

2020: HRC Equality Index Score

In 2020, The Human Rights Campaign awarded Hyatt 100% in the HRC Equality Index for more than ten years consecutively.

March 2021: Opening of Hyatt's 1,000th Hotel

In March 2021, Hyatt officially opened its 1,000th hotel worldwide, Alila Napa Valley in St. Helena, California, marking a significant milestone for the company.

August 2021: Acquisition of Apple Leisure Group

In August 2021, Hyatt acquired Apple Leisure Group (ALG) from affiliates of Kohlberg Kravis Roberts and KSL Capital Partners for $2.7 billion in cash, expanding into 11 additional European markets.

2021: Fortune Ranking

In 2021, Fortune magazine ranked Hyatt #16 on its list of "America's Best Companies to Work For".

2021: Acquisition of Apple Leisure Group

In 2021, Hyatt acquired Apple Leisure Group (ALG), a luxury resort-management services, travel and hospitality group, significantly expanding its presence in the luxury resort sector.

2021: Inclusive portfolio houses Hyatt's all-inclusive resort brands

In 2021, following its acquisition of ALG, Hyatt's all-inclusive resort brands are housed under the Inclusive portfolio, formerly known as AMR Collection and AMResorts of Apple Leisure Group.

November 2022: Acquisition of Dream Hotels Group

In November 2022, Hyatt acquired Dream Hotels Group for $125 million, with potential additional payments, to expand its lifestyle hotel offerings.

2022: Strategic collaboration with Lindner Hotels AG

In 2022, Hyatt entered into a strategic collaboration with Lindner Hotels AG, a German hotel operator.

2022: Exclusive collaboration agreement with Lindner Hotels AG

In 2022, Hyatt entered into an exclusive collaboration agreement with Lindner Hotels AG, to bring more than 30 hotels into Hyatt's portfolio under the JdV by Hyatt brand.

April 2023: Acquisition of Mr and Mrs Smith

In April 2023, Hyatt acquired Mr and Mrs Smith, a UK-based platform offering direct booking access to luxury properties, for £53.0 million in cash.

2023: Acquisition of Dream Hotel Group

In 2023, Hyatt acquired Dream Hotel Group, a lifestyle hotel operator, adding more lifestyle hotels to its portfolio.

2023: End of Partnership with MGM Resorts International

In 2023, Hyatt's partnership with MGM Resorts International ended when MGM partnered with Marriott International instead.

June 2024: Acquisition of me and all hotels brand

In June 2024, Hyatt acquired the me and all hotels brand from Lindner Hotels AG, adding six lifestyle hotels to its portfolio.

August 2024: Planned Acquisition of Standard International

In August 2024, Hyatt announced plans to acquire Standard International for $150 million, with potential additional payments, to expand its lifestyle brand offerings.

2024: Sale of Hyatt Regency Orlando

In 2024, Hyatt Regency Orlando was sold for $1.02 billion to Ares Management and Rida Development, marking the nation's highest hotel sale for the year.

2024: Acquisition of Standard International

In 2024, Hyatt acquired Standard International, an upscale boutique hotel operator, further expanding its collection of lifestyle brands.

2024: Purchase of Me And All Hotels Brand

In 2024, Hyatt purchased the Me And All Hotels brand from Lindner, expanding its brand portfolio.

2024: Partnership with SLH ceased

In 2024, the partnership between Hyatt and Small Luxury Hotels of the World ceased following Hyatt's acquisition of Mr & Mrs Smith, a direct booking platform of luxury hotels.

January 2025: Formation of Dedicated Lifestyle Group

In January 2025, a dedicated Lifestyle Group, led by Standard International's Executive Chairman Amar Lalvani, will be formed following Hyatt’s acquisition of the hotel group.