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Hyatt Hotels And Resorts
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational corporation, multinational hospitality company headquartered in the 150 North Riverside, Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across South America, North America, Europe, Asia, Africa and Australia. The Hyatt Corporation came into being upon purchase of the Hyatt House, at Los Angeles International Airport, on September 27, 1957. In 1969, Hyatt began expanding internationally. Hyatt has expanded its footprint through a number of acquisitions, including the acquisition of AmeriSuites (later rebranded Hyatt Place) in 2004, Summerfield Suites (later rebranded Hyatt House) in 2005, Two Roads Hospitality in 2018, Apple Leisure Group in 2021, Sant Si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tour Operator
A tour operator is a business that typically combines and organizes lodging, accommodations, meals, sightseeing and transportation components, in order to create a package tour. They advertise and produce brochures to promote their products, holidays and itineraries. Tour operators can sell directly to the public or sell through travel agents or a combination of both. The most common example of a tour operator's product would be a flight on a charter airline, plus a transfer from the airport to a hotel and the services of a local representative, all for one price. Each tour operator may specialise in certain destinations, e.g. Italy, activities and experiences, e.g. skiing, or a combination thereof. Operations The original ''raison d'être'' of tour operating was the difficulty for ordinary folk of making arrangements in far-flung places, with problems of language, currency and communication. The advent of the Internet has led to a rapid increase in self-packaging of holidays. Ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donald Pritzker
Donald Nicholas Pritzker (October 31, 1932 – May 6, 1972) was an American businessman. He was a member of the Pritzker family and served as the president of Hyatt, where he helped grow the hotel chain. Early life and education Pritzker was born to a Jewish familyThe Economist: "Jay Pritzker, pioneer of the modern hotel chain, died on January 23rd, aged 76" January 28, 1999 in , the son of Fanny (née Doppelt) and . He had two older brothers: [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Million
1,000,000 (one million), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. The word is derived from the early Italian ''millione'' (''milione'' in modern Italian), from ''mille'', "thousand", plus the augmentative suffix ''-one''. It is commonly abbreviated: * in British English as m (not to be confused with the metric prefix "m" '' milli'', for , or with metre), * M, * MM ("thousand thousands", from Latin "Mille"; not to be confused with the Roman numeral = 2,000), * mm (not to be confused with millimetre), or * mn, mln, or mio can be found in financial contexts. In scientific notation, it is written as or 106. Physical quantities can also be expressed using the SI prefix mega (M), when dealing with SI units; for example, 1 megawatt (1 MW) equals 1,000,000 watts. The meaning of the word "million" is common to the short scale and long scale numbering systems, unlike the larger numbers, which have different names in the tw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Hotels
The Standard Hotels is a worldwide chain of twelve boutique hotels operated by Standard International Management. The chain was established in 1999.Its two original properties, in Hollywood and Los Angeles, closed in 2021 and 2022 respectively. In October 2024, Hyatt Hotels completed the purchase of Standard International, the company responsible for managing The Standard and Bunkhouse Hotels. History The first Standard Hotel, The Standard, Hollywood, opened on the Sunset Strip in 1999 in West Hollywood, California. It was developed by Andre Balazs Properties. The structure was originally built in 1962 as the Thunderbird Motel, and had become a retirement home when Balazs purchased and remodeled it. Original investors in the Hollywood hotel were Leonardo DiCaprio, Cameron Diaz, Benicio del Toro, D'arcy Wretzky and James Iha. In 2002, the former headquarters of the Superior Oil Company (completed in 1956) a twelve-story, marble-clad building was converted into The Standar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sant Singh Chatwal
Sant Singh Chatwal is an Indian American businessman and founder of the Dream Hotel Group where he is chair of the board. He has founded numerous hotel brands including The Chatwal, Dream Hotels, Time Hotels, and Unscripted Hotels, which operate in the United States and internationally. Early life Born to a Sikh family, Chatwal's family were refugees that fled Western Punjab in British India during the Partition of India in 1947. He was one year old when the family left with his four brothers and three sisters. They settled in Faridkot, Punjab, India where the family became small merchants. He joined the Indian Armed Forces at the age of 18 where, according to Chatwal, he served as a fighter pilot on the country's first and only aircraft carrier, . Chatwal grew up on the Sikh traditions of his family. Career Chatwal left India in 1967 for Addis Ababa, Ethiopia, to work for the country's commercial airliner. When he arrived he was told he would be required to take off his tur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Summerfield Suites
Summerfield Suites was an extended stay hotel chain. It was bought by Hyatt and folded within that company in 2012. All Summerfield Suites Hotels are now branded as Hyatt House hotels. History In June 2005, the Blackstone Group acquired Wyndham International for $3.2 billion. Summerfield Suites, Wyndham's extended-stay offering, was included in the deal. On December 1, 2005, Global Hyatt confirmed that it had entered into a definitive agreement to acquire the 21-hotel Summerfield Suites brand from Blackstone for an undisclosed price. The deal concluded in early 2006, and closely followed Hyatt's acquisition of AmeriSuites – now re-branded as Hyatt Place. It took AmeriSuites' former position in the Hyatt lineup and competed in the upscale tier of the extended-stay market with Residence Inn, Homewood Suites, and Staybridge Suites. Global Hyatt then developed an extended-stay prototype for converting Summerfield Suites hotels to a new Hyatt-branded extended-stay product. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AmeriSuites
AmeriSuites Hotels was an American hotel chain last owned by Hyatt, which merged it into its Hyatt House brand. History It was founded by Mark Yale Harris, cofounder of Red Roof Inns. In 1991, Harris founded AmeriSuites Hotels. AmeriSuites was an innovator in offering one of the first available affordable suite accommodations. It grew to over 100 locations throughout the United States. In 1998, AmeriSuites was sold to the Blackstone Group, who operated AmeriSuites under its Prime Hospitality division. In 2005 Blackstone Real Estate Partners sold AmeriSuites to Hyatt Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational corporation, multinational hospitality company headquartered in the 150 North Riverside, Riverside Plaza area of Chicago that manages and franchise .... Between 2006 and 2009, Hyatt phased out the AmeriSuites brand and converted the properties into the then-new Hyatt Place brand. References {{DEFAULTSORT:Amer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles International Airport
Los Angeles International Airport is the primary international airport serving Los Angeles and its Greater Los Angeles, surrounding metropolitan area, in the U.S. state of California. LAX is located in the Westchester, Los Angeles, Westchester neighborhood of the city of Los Angeles, southwest of downtown Los Angeles, with the commercial and residential areas of Westchester to the north, the city of El Segundo, California, El Segundo to the south, and the city of Inglewood, California, Inglewood to the east. LAX is the closest airport to Westside (Los Angeles County), the Westside and the South Bay (Los Angeles County), South Bay. The airport is operated by Los Angeles World Airports (LAWA), a branch of the Government of Los Angeles, Los Angeles city government, that also operates the Van Nuys Airport for general aviation. The airport covers of land and has four parallel runways. In 2023, LAX handled 75,050,875 passengers, making it the List of busiest airports by passenger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pritzker Family
The Pritzker family is an American family engaged in various business enterprises and philanthropy, and one of the wealthiest families in the United States (staying in the top 10 of ''Forbes'' magazine's "America's Richest Families" list since the magazine began such listings in 1982). Its fortune started in the 20th century, particularly through the expansion of the Hyatt Hotels Corporation by Jay Pritzker. Family members still largely own Hyatt and prior to its sale to Berkshire Hathaway, the Marmon Group, a conglomerate of manufacturing and industrial service companies. They have also had holdings in the Superior Bank of Chicago (which collapsed in 2001), the TransUnion credit bureau, Braniff airlines, ''McCall's'' magazine, and the Royal Caribbean International cruise line. The Pritzker family is of Jewish descent and based in Chicago. Yakov "Jacob" Pritzker (1831–1896), was the manager of a sugar factory in Kyiv Governorate in the territory of modern Ukraine. At firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hotel
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator, and other kitchen facilities, upholstered chairs, a television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, a business center with computers, printers, and other office equipment, childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In Japan, cap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Most of the current largest and most influential companies are Public company, publicly traded multinational corporations, including Forbes Global 2000, ''Forbes'' Global 2000 companies. History Colonialism The history of multinational corporations began with the history of colonialism. The first multinational corporations were founded to set up colonial "factories" or port cities. The two main examples were the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
