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February 11, 2016 12:27 AM ET

Hotels, Restaurants and Leisure

Company Overview of Hyatt Hotels Corporation

Company Overview

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to full and select service hotels, resorts, and residential and vacation properties worldwide. It operates its properties under the Hyatt, Park Hyatt, Andaz, Grand Hyatt, Hyatt Regency, Hyatt Place, Hyatt House, Hyatt Ziva, Hyatt Zilara, Hyatt Residence Club, Hyatt Gold Passport, and Hyatt Resorts brands. As of September 30, 2015, the company’s portfolio consisted of 627 properties in 52 countries. It primarily serves corporations; national, state, and regional associations; specialty market accounts, including social, government, military, educational, religious, an...

71 South Wacker Drive

12th Floor

Chicago, IL 60606

United States

Founded in 1957

45,000 Employees

Phone:

312-750-1234

Key Executives for Hyatt Hotels Corporation

Chief Executive Officer, President and Director
Age: 52
Total Annual Compensation: $1.0M
Executive Chairman and Chairman of Finance Committee
Age: 65
Total Annual Compensation: $510.4K
Executive Vice President and Global President of Operations
Age: 55
Total Annual Compensation: $709.6K
Global Head of Capital Strategy, Franchising & Select Service and Executive Vice President
Age: 47
Total Annual Compensation: $607.5K
Compensation as of Fiscal Year 2014.

Hyatt Hotels Corporation Key Developments

Hyatt and San Francisco International Airport Update on Plans for Grand Hyatt Hotel

Hyatt Hotels Corp. and San Francisco International Airport (SFO) officially reported that a Hyatt affiliate has entered into a management agreement with SFO to brand and manage a 350-room Grand Hyatt hotel. Located on the airport grounds, Grand Hyatt San Francisco International Airport is anticipated to open in mid-2019.

Hyatt Hotels Announces Expansion of Hyatt Centric Brand in Uruguay and Japan

Hyatt Hotels Corporation has announced the expansion of the Hyatt Centric brand with the first international Hyatt Centric hotel slated to open in mid-2016 in Montevideo, Uruguay, and the development of the first Hyatt Centric hotel in Tokyo, Japan. In addition, three Hyatt hotels in the US - California, Utah and Texas - are moving under the Hyatt Centric brand. The 178-guestroom hotel will be located in the famed Pocitos neighborhood and will sit waterfront on River Plate along the Rambla Republica del Peru. With its prime location, guests will be able to explore and experience the city like a local along the Rambla, where Montevideans meet on weekends for exercising, socializing and taking advantage of the best sunset views in the city. The hotel will be in close proximity to the business district and tourist sites, including Ciudad Vieja, the World Trade Center and the Montevideo Shopping Center. Guests will also have access to over 1,100 square feet of flexible meeting space, a signature local restaurant and a rooftop executive lounge. This hotel was previously announced as Hyatt Montevideo. Expected to open in early 2018, Hyatt Centric Ginza Tokyo will be the first new-build Hyatt Centric hotel in Asia Pacific. The 164-guestroom hotel will be located in Ginza, the prominent luxury fashion and entertainment center of the city on Namiki-Dori, and will occupy the top 10 floors of the 12-story commercial building tentatively known as the Ginza Asahi Building owned and under development by Asahi Shimbun. The hotel will offer dining and a bar with terrace seating, meeting space suited for gatherings, and a fitness center. The flexible design of the dining area can be arranged to host a variety of events from meetings to receptions. The interior design will reflect Ginza's special blend of tradition and innovation.

Hyatt Announces Plans for Second Hotel in Jordan

Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into an agreement with Ayla Oasis Development Company (AODC) for a 286-room Hyatt Regency hotel in Aqaba, Jordan. Hyatt Regency Aqaba Ayla will be the first hotel to open within the prestigious Ayla development, a master-planned, multiphase development on the northern shores of Aqaba. Expected to be operational in 2018. The hotel will mark the second Hyatt hotel in Jordan, joining Grand Hyatt Amman, and will join more than 150 Hyatt Regency hotels worldwide in locations from Chicago to Mumbai. The hotel will further the Hyatt Regency brand's mission of connecting guests to who and what matters to them most, with a range of amenities for work or play, as well as spaces that will make the hotel a go-to gathering place for any occasion. Hyatt Regency Aqaba Ayla will feature smartly designed standard rooms of 141 square feet and five food and beverage outlets offering creative cuisine. Guests will also enjoy a pool, fitness and spa facilities and a kids club. Superior conference and event facilities will be available, with approximately 3,200 square feet of meeting space, including a 1,870-square-foot ballroom ideal for social events and meetings. Hyatt Regency Aqaba Ayla has retained Arcadia Design as the hotel's architects and the firm of Yabu Pushelberg for interior design. The hotel's location in the impressive Ayla development's Marina Village, situated between the city center and the international borders, will offer guests a myriad of retail, dining and entertainment venues as well as 17km of newly created waterfront. Guests will also enjoy Jordan's first 18-hole golf course, designed by Greg Norman, and a 9-hole golf academy, that has been built as one of the most eco-friendly Greg Norman courses in the world Additionally, the hotel will be situated in close proximity to major tourist attractions such as Petra and Wadi Rum.

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