Hyatt Hotels Corporation

News and overview for Hyatt Hotels Corporation

Hyatt Place Portland Airport/Cascade Station the First-Ever Hyatt-Branded Hotel in Oregon Celebrates Grand Opening [Press Release]
Business Wire | 4 days 14 hours 42 minutes ago
Hyatt Hotels & Resorts and The Summit Group today announce the opening of Hyatt Place Portland Airport/Cascade Station, the first- ever Hyatt-branded hotel to open in Oregon.


For the First Time Ever, Hyatt Place & Hyatt Summerfield Suites Introduce Holiday Savings at More Than 165 Hotels Nationwide [Press Release]
Business Wire | 7 days 13 hours 15 minutes ago
This holiday season, Hyatt Place and Hyatt Summerfield Suites are giving travelers a little something extra – 50% off a third night’s stay at more than 165 hotels nationwide. From November 20, 2009 through January 3, 2010, travelers will receive 50 percent off the Hyatt Daily Rate on their third consecutive night at any participating Hyatt Place and Hyatt Summerfield Suites.*


Hyatt Hotels Corporation Celebrates IPO, First Day of Trading on NYSE [Press Release]
Business Wire | 18 days 16 hours 13 minutes ago
Hyatt Hotels Corp., a leading global hospitality company, opened for trading today on the New York Stock Exchange under the ticker symbol “H” after its successful initial public offering in which it raised $950 million in gross proceeds. Headquartered in Chicago, Hyatt Hotels Corp. is the 18th IPO by an operating company on the New York Stock Exchange this year.


Hyatt Selects Trintech for Financial Process Compliance [Press Release]
PRNewswire | 14 days 19 hours 15 minutes ago
...management and compliance goals. Hyatt Hotels Corporation, headquartered in Chicago...development on five continents. Hyatt Vacation Ownership, Inc., a Hyatt Hotels Corporation subsidiary, develops and operates...


Grand Hyatt Macau Opens in the City of Dreams [Press Release]
Business Wire | 39 days 16 hours 34 minutes ago
Hyatt Hotels & Resorts announced today the opening of Grand Hyatt Macau located on the Cotai Strip in the new City of Dreams development. A sophisticated and serene oasis amid the excitement of Macau, the 791-guestroom hotel houses one of the largest event spaces in Macau. With 15 individual function areas spanning more than 968,000 square feet (90,000 square meters), Grand Hyatt Macau is set to become the leading MICE (meetings, incentives, conferences and exhibitions) venue in the region.


Hyatt Hotels Corporation Announces Exercise of Option to Purchase Additional Shares [Press Release]
Business Wire | 17 days 7 hours 27 minutes ago
Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that in connection with the Company’s initial public offering the underwriters have exercised in full their option to purchase 5,700,000 shares of Class A common stock from the Company at the initial public offering price of $25.00 per share. Hyatt expects to receive net proceeds of approximately $127.3 million from the sale of the shares, after deducting the underwriting discount and estimated offering expenses pay...


Hyatt Hotels Corporation Prices Initial Public Offering [Press Release]
Business Wire | 19 days 6 hours 59 minutes ago
Hyatt Hotels Corporation (“Hyatt”) announced today the pricing of its initial public offering of 38,000,000 shares of Class A common stock at a price of $25.00 per share. Hyatt’s Class A common stock will begin trading on the New York Stock Exchange under the symbol “H” on November 5, 2009.


Hotel Workers on Strike at Grand Hyatt in San Francisco, according to Unite Here Local 2 [Press Release]
Business Wire | 18 days 17 hours 15 minutes ago
Hotel workers walked off the job this morning at the Grand Hyatt Union Square in San Francisco, announcing a 3-day strike against the property, according to Unite Here Local 2. The Grand Hyatt is owned and operated by Hyatt Hotels Corporation [NYSE: H], which consummates its initial public offering today raising more than $900 million for its principal owners, the Pritzker family.


Hyatt investors warned of risks from family feud
Telegraph (London) | 35 days 10 hours 11 minutes ago
They say that money does not always bring happiness, and in the case of the wealthy Pritzker clan, the adage would seem to be true.


Hyatt Place Portland AirportCascade Station Opens
Hotel Interactive | 3 days 11 hours 42 minutes ago
Hyatt Hotels Resorts and The Summit Group today announce the opening of Hyatt Place Portland AirportCascade Station the first ever ...


HHOA Elects Two New Board Members [Press Release]
PRNewswire | 35 days 13 hours 17 minutes ago
...later served with Hyatt Hotels Corporation. He subsequently...including Hilton Hotels Corporation, Marriott International, Choice Hotels International, Wyndham Worldwide Corporation and Global Hyatt Corporation have...


Hyatt Hotels Corporation Announces the Closing of Its Initial Public Offering
Centre Daily Times (State College, Pa.) | 13 days 5 hours 47 minutes ago
CHICAGO Hyatt Hotels Corporation (“Hyatt”) (NYSE: H) announced today the closing of its initial public offering of 43,700,000 shares of Class A common stock at a price of $25.00 per share. Hyatt’s Class A common stock is listed on the New York Stock Exchange under the symbol “H.”


Australia s Hyatt Hotels Launch Pacific School Of Hospitality
Hospitality Net | 41 days 15 hours 4 minutes ago
A Joint Initiative of Hyatt Hotels in Australia, Mint Group Australia and the Australian Federal and State Governments, PSOH Provides Associates Who Work at Hyatt Hotels With Continuous On- Site Workplace Learning


HHOA Revises Annual Convention Concept to Regional Events in Response to Economy [Press Release]
PRNewswire | 88 days 18 hours 13 minutes ago
...for the event: Hilton Hotels Corporation, Wyndham Hotels, Hyatt Hotels, La Quinta, Marriott...International, Choice Hotels International, Wyndham Worldwide Corporation and Global Hyatt Corporation have joined...





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Company Overview


Company: Hyatt Hotels Corporation
Industry: Upscale & Luxury Hotels
Website: http://www.hyatt.com

Travelers interested in luxury lodgings can check in for the Hyatt touch. The company is one of the world's top operators of full-service luxury hotels and resorts with more than 400 managed, franchised, and owned properties in some 45 countries. Its core Hyatt Regency brand offers hospitality services targeted primarily to business travelers and upscale vacationers. The firm also operates properties under the names Grand Hyatt, Park Hyatt, Hyatt Place, Hyatt Summerfield Suites, Hyatt Resorts, and Andaz. Although Hyatt Hotels was formed in 2004, the Hyatt chain traces its roots back to 1957. It is majority-owned by the wealthy Pritzker family of Chicago. In 2009 the company filed an IPO.


Key Numbers

Sales in U.S. Dollars (mil.) 3,836.7 (2008)
One-year % Growth in Sales 2.6 (2008)
Net Income in U.S. Dollars (mil.) 170 (2008)
One-year % Growth in Net Income -37.3 (2008)
Number of Employees 125,000 (2008)
One-year % Growth in Number of Employees 38.9 (2008)
Fiscal Year-End December