February 28, 2015 11:31 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 December 31, 2014, the company’s portfolio consisted of 587 properties with 155,265 rooms and units in 50 countries. It primarily serves corporations; national, state, and regional associations; specialty market accounts, including social, government, military...

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, Principal Financial Officer and Director
Age: 51
Total Annual Compensation: $1.0M
Executive Chairman and Chairman of Finance Committee
Age: 64
Total Annual Compensation: $500.0K
Executive Vice President and Global President of Operations
Age: 54
Total Annual Compensation: $695.0K
Global Head of Capital Strategy, Franchising & Select Service and Executive Vice President
Age: 46
Total Annual Compensation: $595.0K
Compensation as of Fiscal Year 2013.

Hyatt Hotels Corporation Key Developments

Hyatt Hotels Corporation Announces Plans for 149-Room, Five-Story Hyatt Place Hotel

Hyatt Hotels Corporation announced plans for a 149-room, five-story Hyatt Place hotel to be located in the former U.S. Post Office and Custom House building in Saint Paul, Minn. Exeter Group acquired the Custom House property from the U.S. Postal Service in August 2013, and has secured National Park Service approval to list the property on the National Register of Historic Places and to convert the building to a mixed use development with hotel and residential components, as well as a variety of supporting uses. Exeter Group LLC is the master developer of Custom House project and Nelson Development is acquiring a portion of the building for development of the hotel, which will be managed by LodgeWorks Partners, L.P. The Hyatt Place hotel will be located downtown at the current site of the former U.S. Post Office and Custom House, a 17-story building that functioned as city’s main post office for 79 years. The hotel will maintain many of the building’s historic attributes, including the 13-foot guestroom windows and the art deco lobby, which will be restored. The hotel will offer: 149 spacious guestrooms, A fitness center and swimming pool, Complimentary Wi-Fi access throughout the hotel, Complimentary a.m. Kitchen Skillet TM, featuring freshly prepared breakfast sandwiches, a variety of fresh fruits, hot and cold cereal, yogurt, breads, premium coffee and an assortment of juices; More than 1,800 square feet of flexible, high-tech meeting/function space; 24/7 Gallery Menu serving made-to-order entrees and appetizers around the clock; A Coffee to Cocktails Bar featuring specialty coffees and premium beers, as well as wines and cocktails.

Hyatt Centric to Open First Hotels in April 2015

Hyatt Hotels Corporation has announced that Hyatt Centric, a new lifestyle brand designed for business and leisure travelers, will open its first hotels in April 2015. The hotels - Hyatt Centric The Loop Chicago and Hyatt Centric South Beach Miami - will deliver on the brand's mission of putting its guest at the center of the action in the best destinations.

Hyatt Hotels Corporation Opens Hyatt Place Tijuana in Baja California, Mexico

Hyatt Hotels Corporation announced the opening of Hyatt Place Tijuana in Baja California, Mexico. Hyatt Place Tijuana is the fourth Hyatt Place hotel to open in Mexico, and continues Hyatt's growth strategy in the country. Hyatt Place Tijuana joins Hyatt Place Cuidad del Carmen, Hyatt Place La Paz and Hyatt Place Los Cabos, which is scheduled to reopen this year, post-Hurricane Odile.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 26, 2015
Hyatt Regency Indianapolis
Merger/Acquisition
December 17, 2014
Grand Toronto Venture, L.P.
Merger/Acquisition
November 7, 2014
Hyatt Regency Lost Pines Resort and Spa
 

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