Hyatt is a well-known hospitality brand. People are at their best when they are cared for. Hyatt is a company that has been built by a family. The family is where everyone will be able to get the most care from. At Hyatt, care is given to the guests and care is the core of the business of Hyatt. Everything about Hyatt started back in 1957 when Jay Pritzker purchased the original Hyatt House model.
Jay Pritzker and his brother Donald Pritzker
The story About Hyatt can be traced back to 1957. It was in 1957 that Jay Pritzker purchased the Hyatt House Motel. The Hyatt House Motel was located adjacent to the Los Angeles International Airport. In the following decade, Jay Pritzker and his brother Donald Pritzker who were working together with the other family business interests grew the company into the North American Management and Hotel Ownership Company.
Public Company in 1962
Pritzker along with his Brother Donald grew the Hyatt brand. They were empowered by their belief in the importance of family and the care that one can get from their family. The company became a public company in 1962.
Hyatt International Formed 1968
In the year 1968, Hyatt International was formed. Eventually, it became a separate Public company. In the year 1979 and 1982, the Pritzker family business interests took the operations of Hyatt Corporation and Hyatt International Corporation to private. On December 31, 2004, all of Pritzker family business interests were consolidated to form the Hyatt Hotels Corporation. The Hyatt Hotels Corporation is now a single entity.
True to the purpose of Hyatt – Rise HY
The main purpose of Hyatt is to care for people so that they can be at their best. When explaining About Hyatt, it is important to mention that Hyatt works with community-based organisations from across the world for decades to help young people realise their complete potential. Those who are not working or those who are not going to school will not be able to achieve their full potential. To help the youth contribute to the economy by working, Hyatt hotels have made a commitment to hire youth who are disconnected from the economy by not working. By providing job opportunities for those who are between the ages 16 through 24 Hyatt provides the youth with the opportunity to work, earn and contribute to the economy.
Making Commitment a Reality
Hyatt has opened several opportunities for the community, and they have changed the lives of underserved youth who did not find the right job opportunity, thus helping them contribute to the economy and their good. Hyatt is growing its global network of community-based organisations to make these opportunities a reality that works for the betterment of every community.
A Part of Something Bigger – Growing Global Communities
The major goal of Hyatt is to help their employees become a part of something big and to help them love the place they work for. This, in turn, will help the employees provide the best care for their guests. Thus, all are cared for. This is the major reason why Hyatt has been consistently ranked as the best places to work in the world. The company provides for creativity, fun, humility, empathy, respect, and integrity by the way they provide care for individuals and guests.
Leisure and Business Travellers
Hyatt has a portfolio of 14 premium brands. The company owns more than 700 properties across 6 continents in 50 different countries. Hyatt hotels have recently announced that they are expanding across Pacific North West. They are looking to develop 40 new hotels across Pacific Northwest. Before the end of 2021, the hotels on California, Oregon, and Washington will be opened. Currently, there are 89 in the region it will be increased to 129 when the new hotels are added.